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2401 S Meridian Street, Tallahassee, FL 32301

Local realty services provided by:CENTURY 21 Beggins Enterprises
2401 S Meridian Street,Tallahassee, FL 32301
$199,900
  • - Beds
  • - Baths
  • 1,250 sq. ft.
  • Multi-family
  • Active
Listed by: danielle andrews
Office: realty one group next gen
MLS#:396466
Source:FL_TBR

Price summary

  • Price:$199,900
  • Price per sq. ft.:$159.92

About this home

Turnkey income-producing duplex offered at $199,900 generating $1,950 per month in gross rental income. For investors who use the 1% rule as a benchmark, this property delivers strong numbers from day one. Each unit features 2 bedrooms and 1 bathroom and is fully occupied with tenants who would like to remain in place. • Unit 2401 rents for $925/month on a month-to-month lease with a long-term tenant. Kitchen and bathroom have been renovated. • Unit 2403 rents for $1,025/month with a lease in place through December 31, 2026. This unit was fully renovated in 2024. Major capital improvement completed with a new roof in 2021, reducing near-term maintenance concerns. This property may also qualify for FHA or VA financing for owner-occupants looking to house hack—live in one unit while collecting rental income from the other to help offset your mortgage. Whether you’re expanding your portfolio or looking for a smart entry into multi-family ownership, this duplex offers immediate cash

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Home facts

  • Year built:1976
  • Listing ID #:396466
  • Added:1 day(s) ago
  • Updated:February 23, 2026 at 03:48 PM

Rooms and interior

  • Living area:1,250 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1976
  • Building area:1,250 sq. ft.

Schools

  • High school:RICKARDS
  • Middle school:COBB
  • Elementary school:BOND

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$159.92

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