About This Home

This 4-bedroom, 2-bathroom residential multi family at 719 & 721 N Gadsden Street in Tallahassee, FL is listed for $425,000. Built in 1958, on a N/A lot.

Key Features

  • Built in 1958

Property Details

1 story
2 full
1958

Amenities

A/C
Listing Description

Rare Opportunity for a Midtown Duplex - Live in One Side, Rent the Other! Prime Tallahassee location in the heart of Midtown! This turn-key duplex located at 719 & 721 N Gadsden St features two mirror-image units, each offering 2 bedrooms and 1 bath with a spacious living area and functional kitchen layout.

Major capital improvements are already done for peace of mind: NEW roof in 2023 and NEW HVAC units (2023 & 2024). New Gutters (2026) and Vapor Barrier (2021ish). Ideal setup for house-hackers, multi-generational living, or savvy investors looking for immediate cash flow-plus value-add potential with a spacious backyard big enough to build another unit, office, or building.

One side is currently vacant and move-in ready (perfect for an owner-occupant or setting your own market rent), while the other side is occupied on a fresh 1-year lease at $1,400/month. Walk or quick drive to Midtown dining, shopping, state offices, and downtown!

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

719 & 721 N Gadsden Street

Tallahassee, FL 32303

-

Features & Amenities

Exterior Features

Deck

Property Details

Flooring

VinylCarpet

Construction

Block Concrete Stucco

Outdoor Features

Deck

Parking

Assigned

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 719 & 721 N Gadsden Street is listed at $425,000. The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958. Exterior Features: Deck.

This property is listed by Cole Davis.

CD

Cole Davis

License 3357739

Agent at The Naumann Group Real Estate, Inc.

Listed by The Naumann Group Real Estate, Inc. · Broker phone: (850) 933-0328 · View on Broker Site · Broker website

MLS# 405901· Source: Tallahassee Board of Realtors· 21 days on PropertySimple

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.

719 & 721 N Gadsden Street, Tallahassee, FL 32303

Open this listing in: