Triplex Listed at $480,000 | $50,400 Gross Annual Income This is the kind of property investors search for but rarely find, a fully leased triplex generating $4,200/month ($50,400 annually) with minimal expenses. The roof was replaced in 2016, and the property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. Located near TCC, FSU, FAMU, shopping, and major bus routes. This could be the cash-flowing asset you have been searching for! Drive-by only, do not disturb tenants. Showings may be scheduled with proof of funds.
For sale
Price cut: $50K (2/21)
$480,000
1272 Ocala Rd #A-b, Tallahassee, FL 32304
12beds
9baths
3,840sqft
Est.:
Multi Family
Built in 1995
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
- 158 days |
- 1,259 |
- 63 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 21, 2026 at 06:32am
Listed by:
Erika Robinson 303-905-4195,
ROI Realty LLC
Source: TBR,MLS#: 391201
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Range, Refrigerator, Washer
Features
- Flooring: Carpet, Clay, Ceramic Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
Property
Parking
- Parking features: Unassigned
Lot
- Dimensions: 88 x 173 x 84 x 171
Details
- Parcel number: 120732127170000041
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1995
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: SANDY SPRINGS UNRECORDED
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $125/sqft
- Annual tax amount: $7,548
- Date on market: 9/18/2025
- Cumulative days on market: 158 days
- Listing terms: Cash,Conventional
- Lease term: Item12Months
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Price change | $480,000-9.4%$125/sqft |
Source:  TBR #391201 Report a problem | ||
| 12/13/2025 | Price change | $530,000-3.6%$138/sqft |
Source: TBR #391201 Report a problem | ||
| 9/18/2025 | Listed for sale | $550,000$143/sqft |
Source: TBR #391201 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,980/mo
Principal & interest
$2268
Property taxes
$712
Climate risks
Neighborhood: San Luis
Nearby schools
GreatSchools rating
- 5/10John G Riley Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 1/10Griffin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Amos P. Godby High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: RILEY
- Middle: GRIFFIN
- High: GODBY
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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