$5,937 Closing Credit¹
#381659, Listing Office: Superior Realty Group LLC
$505,000 List price
1317 Hancock St A-D Unit A-D Tallahassee, FL 32304
$5,997
Closing credit¹
Multi-Family
Property details
About 1317 Hancock St A-D
This property is ideally located directly across the street from Florida State University (FSU). And it features a newer roof replaced in 2023 and is zoned CU-45 for proposed redevelopment, potentially allowing for 13 units. Turnkey Multi-Family Investment – Strong Cash Flow & 6.23% Cap Rate Perfect for Investors – High-Demand Rental Property Rental Income: $875 per unit Occupancy: Stable tenant base with consistent cash flow Property Type: Multi-Family Investment Why This Property? Below Market Rents – Room for rental increases to maximize ROI Low Maintenance – Well-maintained property with solid infrastructure Prime Location – Growing rental demand in Tallahassee Great Appreciation Potential – Strong economic and rental growth in the area Investor-Friendly Terms Open to cash buyers, conventional financing, and investor loans Don't Miss This Opportunity – A high-demand, income-producing property that won’t last long. Perfect for seasoned investors or first-time multi-family buyers looking for strong returns.
Highlights
Home typeMulti Family
HeatingCentral
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air
Year built1978
MLS #380421
Summary
- MLS Number: 380421
- MLS Name: Tallahassee
- Office Name: Keller Williams Town & Country
- Office Phone: (850) 201-4663
- Office Email: doc185@kwtownandcountry.com
© 2025 Tallahassee Board of REALTORS®, Inc. All rights reserved.
The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers 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 deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/22/2025, 11:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$505,000
1317 Hancock St A-D
$5,997
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
John G. Riley Elementary School
Public Magnet PK-5
0.7 mi
•1400 Indiana St
3
Ruediger Elementary School
Public District PK-5
1.2 mi
•526 W 10th Ave
3
Astoria Park Elementary School
Public Magnet PK-5
2.1 mi
•2465 Atlas Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,153. The majority of Unit A-D Tallahassee, FL residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
68%
<35k
28%
35k-100k
2%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
86%
Single, No Kids
7%
Single, with Kids
5%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
83%
18-34 yrs old
9%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1317 Hancock St A-D in Unit A-D Tallahassee, FL and zip code 32304. Features: 0 bathroom. It has been listed on Rocket Homes since January 19, 2025 and is currently priced at $505,000.
In March 2025 more than 62 listings in Unit A-D Tallahassee, FL were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 104 were sold below. The number of homes for sale in Unit A-D Tallahassee, FL increased by 23.8% between February and March 2025. Listings spent 62 days on the market in March 2025, and had a median list price of $306,852 during the same period.
From Rocket Homes Real Estate and based on county public records data.