# 118 W 8th Avenue #1-7, Tallahassee, FL 32303

> **TL;DR:** 8bd/8ba residential multi family, $1,150,000, built 1979.
> A/C. Est. $6,150/mo. Listed 131 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,150,000 |
| Bedrooms | 8 |
| Bathrooms | 8 full |
| Year Built | 1979 |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 131 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,815 |
| Estimated Insurance | $335 |
| **Total** | **$6,150** |

## Nearby Schools

- **Elementary:** RUEDIGER
- **Middle:** RAA
- **High:** LEON

## Key Amenities

- A/C

## Property Highlights

- Built in 1979

## Description

### Agent Description
One or more photos have been virtually enhanced. Immediate cash flow with 100% occupancy across all triplex units and a consistently booked, high-demand Airbnb in the detached home. This extraordinary, completely renovated, and turn-key investment opportunity in the Levy Park area of Midtown in Tallahassee features two income-producing triplexes and a detached single-family home situated less than three miles from Florida State University and the Florida State Capitol. Perfectly positioned for investors seeking strong cash flow and immediate rental potential, this property represents a rare chance to secure a high-performing asset in one of Tallahassee's most desirable neighborhoods. The gross rent roll of the detached home sits at approximately $30,000/year and the long-term triplex leases sit at approximately $7,000 monthly. The detached single-family home, which makes for an ideal short-term or Airbnb rental, features two bedrooms, two full bathrooms, and a thoughtfully designed interior boasting original wood floors, great lighting throughout, and a faux fireplace situated between the living room and bedroom. The eat-in kitchen includes bar stool seating and a coffee nook, while one bathroom offers a wood-grain double vanity, intricate mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head. Outside, the home features a carefully planned back deck area perfect for grilling and enjoying the outdoors. The triplexes are equally impressive, featuring dramatic vaulted ceilings with both natural wood and white-painted exposed beams, an open main floor concept, durable light-toned wood-plank flooring throughout, in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been expertly handled, including newer AC units and professional tree mitigation to keep branches away from the roofs. This asset is well-positioned to deliver solid returns. All furniture and other items in the detached single-family home are negotiable with the sale.

## Location

- **Address:** 118 W 8th Avenue #1-7, Tallahassee, FL 32303
- **County:** Leon
- **Neighborhood:** Lakeview Addition
- **Coordinates:** 30.459783, -84.282859
- **Google Maps:** https://www.google.com/maps?q=30.459783,-84.282859

## Virtual Tour & Media

- **Video Tour:** https://www.zillow.com/view-imx/ee20b68a-f798-488a-aad0-61e9fd1cd41e?wl=true&setAttribution=mls&initialViewType=pano

## Listing Agent

- **Name:** Velinda Hittinger · **License:** 3473050
- **Brokerage:** Armor Realty, Inc.
- **Broker Phone:** (850) 893-2525
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/118-W-8th-Ave-1-7_Tallahassee_FL_32303_M94427-62288?f=listhub&s=TBRFL&m=401636&c=propsimple)

## Photos

![118 W 8th Avenue #1-7 - Photo 1](http://lh.rdcpix.com/da6ded345e1c4018deee74a5ecc28374l-f2964210826r.jpg)

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---

**MLS#:** 401636 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/118-w-8th-avenue-tallahassee-fl-32303-90d091c0304f4ca08a34d28a2a71dec6)

---

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