$820,000
$30K PRICE DROP

615 and 621 N Woodward Ave Tallahassee, FL 32304

Frenchtown Neighborhood

Estimated payment $5,362/month

Total Views 1,585
-- Bed
-- Bath
4,800 Sq Ft
$171 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Leon High School Rated A

About This Home

615 + 621 N Woodward Avenue are being sold together for a PRIME investment opportunity. All 3 units are currently leased at $2,690 each, totaling $8,070 per month and these leases are ending on 7/31/25. The Seller is actively marketing them for rent with one signed lease for next year, and Seller is willing to pay the new Buyer for the first month vacancy if still vacant by 8/1/25. These units are some of the closest housing options to FSU Campus, directly across from the FSU Bookstore, with close vicinity to TCC, FAMU, restaurants, and entertainment. 2 buildings, consisting of 3 units, with 12 beds/12 bathrooms total. Each unit is a 4bedroom, 4bath configuration giving each occupant its own private bathroom. The units also have a fully equipped kitchen, dining, and living room. The cherry on top -- each building has a brand new roof. This is an opportunity that does not come to the market often, proficiently cash flowing more than most, in an ideal location.

Listing Agent

Cole Davis

The Naumann Group Real Estate License #3357739 Listed on: 06/17/2025

The Naumann Group Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Schools

  • Riley Elementary School
  • Griffin Middle School
  • Leon High School

Additional Features

  • Lot Dimensions are 100x59x100x59
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Saxon Add Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Legal Lot and Block 16 / 2

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • Directions: W Tennessee St (west of S Monroe St) turn N onto N Woodward Ave, property on right
  • Elementary School: RILEY
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Lot Size: 100x59x100x59
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Subdivision Name: Saxon Add
  • Owner Name: AlteredFlip LLC
  • Architectural Style: One Story, Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Parking Features: Unassigned
  • Building Stories: 1
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Owner Pays: Insurance, Management, Pest Control, Repairs, Security

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Vinyl Siding

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Schools

  • Middle Or Junior School: GRIFFIN

Lot Info

  • Land Lease Expiration Date: 2025-11-28

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 2
  • Tax Lot: 16

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $820,000 -1.8% $171 / Sq Ft
06/29/2025 06/29/25 Price Changed $835,000 -1.8% $174 / Sq Ft
06/17/2025 06/17/25 For Sale $850,000 -- $177 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 387501

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Florida Leon County Tallahassee 32304 Frenchtown

615 and 621 N Woodward Ave, Tallahassee, FL

This home is located at 615 and 621 N Woodward Ave, Tallahassee, FL 32304 and is currently priced at $820,000, approximately $170 per square foot. This property was built in 2003. 615 and 621 N Woodward Ave is a home located in Leon County with nearby schools including John G Riley Elementary School, Griffin Middle School, and Leon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Cole Davis
Listing Agent
Cole Davis
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The Naumann Group Real Estate
(850) 929-5981