$279,000

1408 W Tharpe Street, Tallahassee, FL 32303

5 beds |
4 baths |
2,027 sqft

Single-Family Home
Built in 2007
10,019sqft lot
—— car garage
$138/sqft
Listed 24 days ago

Property Description

Solid investment opportunity in a great central location. Currently cash flowing with a multi-year lease in place through June 2027 at $3,025 per month. CAP rate of 9.7%. Built in 2007, this spacious 5-bedroom / 4-bathroom house makes a great rental being just 1.3 miles to FSU, 2.9 miles to the capital, and 3.5 miles to FAMU. Sold “as is” with right to inspect.

Listing Status:: Active
Date Added:: March 13, 2026
Data Last Updated:: April 6, 2026 at 5:20AM
Listing Office:: Bevis Realty : 850-491-3600
MLS ID:: 397293

General: Upper Level Primary
Appliances: DishwasherDisposalMicrowaveOvenRangeRefrigerator
Flooring: CarpetTile
A/C: Central AirCeiling Fan(s)Electric
Heating: CentralHeat Pump

Style: Two StoryTraditional
Parking: Driveway

General: Fiber Cement2

HOA Amenities: 0.0
Originating MLS: TBRMLS_TBRMLS
County: Leon

Zoning: 12073-21-22-30- B-004-0
View: None

Source: TBRMLS_TBRMLS

This listing courtesy of Bevis Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Astoria Park Elementary School

2465 Atlas Rd, Tallahassee, FL, 32303

Grades PK-5

1.22 miles away

Griffin Middle School

800 Alabama St, Tallahassee, FL, 32304

Grades 6-8

0.80 miles away

Amos P. Godby High School

1717 W Tharpe St, Tallahassee, FL, 32303

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.