1595 Willow Bend Way, Tallahassee, FL 32301
Local realty services provided by:CENTURY 21 Beggins Enterprises
1595 Willow Bend Way,Tallahassee, FL 32301
$549,900
- - Beds
- - Baths
- 3,584 sq. ft.
- Multi-family
- Active
Listed by: sean rady
Office: rady realty, llc.
MLS#:399237
Source:FL_TBR
Price summary
- Price:$549,900
- Price per sq. ft.:$153.43
About this home
Prime Tallahassee Quadplex- Live for Free Opportunity- Located in a highly desirable Tallahassee corridor, this well-maintained quadplex offers an exceptional opportunity for both investors and owner-occupants. Just minutes from Florida State University, Florida A&M University, downtown, shopping, and major roadways, this property benefits from consistent rental demand. Each of the four units features 2 bedrooms, 1 bathroom, and a private balcony, creating strong appeal for tenants and future appreciation. The current owners have taken pride in maintaining and updating the property with a simple philosophy: “We maintain each unit as if we had to live in it ourselves.” This mindset has resulted in long-term tenants and stable occupancy. Income + House Hack Scenario (Live for Nearly Free) Current Rents (3 Units): $1,040 $1,200 $1,025 Total Current Rental Income: $3,265/month Purchase Scenario: Purchase Price: $550,000 Down Payment (5%): $27,500 Loan Amount: $522,500 Interest Rate: 6.5% (30-year fixed) Estimated Monthly Mortgage (P&I): ˜ $3,300/month Real-World Breakdown Rental income from 3 units: $3,265/month Estimated mortgage: ~$3,300/month Net out-of-pocket housing cost: ˜ $35/month That means you can live in one unit for essentially free while your tenants cover nearly the entire mortgage. Even More Upside- Current rents are below market, leaving room to increase income over time. One unit is vacant, allowing immediate owner occupancy. Eligible for primary residence financing (much better terms than investment loans)....
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Home facts
- Year built:1981
- Listing ID #:399237
- Added:1 day(s) ago
- Updated:April 29, 2026 at 12:49 AM
Rooms and interior
- Flooring:Ceramic Tile, Clay, Concrete, Vinyl
- Kitchen Description:Dishwasher, Microwave, Pantry, Range, Refrigerator
- Living area:3,584 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1981
- Building area:3,584 sq. ft.
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Deck
Schools
- High school:RICKARDS
- Middle school:FAIRVIEW
- Elementary school:APALACHEE
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$153.43
- Tax amount:$4,926
Features and amenities
- Amenities:DeadBolts, Walk-In Closets
Parking
- Parking description:Unassigned
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