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1203 Harlem St
B- Composite 69.82
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +4.3/5.0
  • Rent growth +3.7/5.0
  • Condition / age +2.2/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$65,000

1203 Harlem St · Tallahassee, FL 32304
2 bd · 1.0 ba · 912 sqft · SingleFamily public records · 13 Days on market
Built 1983 Fair condition 5,662 sqft lot $71/sqft · 52% below area

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming 2-Bedroom Bungalow Near Florida State University Welcome to this adorable bungalow, perfectly nestled just minutes from Florida State University! This 2-bedroom, 1-bathroom home features an open floor plan that effortlessly combines functionality with cozy charm. With ample natural light and a layout designed for comfort, this property is perfect for students, professionals, or anyone seeking a vibrant, convenient location. Currently in a blank pallet stage with so much potential. Grass has being digitally created to show potential The spacious backyard is fully fenced, offering privacy and room for outdoor gatherings, gardening, or relaxing in your own retreat. With plenty of parking space, hosting guests is a breeze. Whether you’re searching for a primary residence, a second home, or an investment opportunity, this property delivers. Its proximity to FSU makes it an ideal rental with excellent income potential. Don’t miss your chance to own this hidden gem in the heart of Tallahassee. Explore the possibilities.

Key facts

  • Covered front porch
  • Privacy fencing
  • Fenced backyard

Tags

COVERED FRONT PORCHPRIVACY FENCINGFENCED BACKYARDOFF-STREET PARKINGPROXIMITY TO UNIVERSITIES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $65k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $457 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $65k).
  • Cap rate 14.7% vs local median 4.2% in Tallahassee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 86/100 on livability (#19 in FL, #429 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment D.
  • Leon (urban): math 48% / reading 53% proficiency, ranked #33 of 73 in FL (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: John G Riley Elementary School (math 11% / reading 18%, grade F, #2,137 of 2,144 statewide, top 100%, 528 students, 81% FRL); Griffin Middle School (math 16% / reading 25%, grade F, #556 of 571 statewide, top 98%, 532 students, 77% FRL); Amos P. Godby High School (math 24% / reading 32%, grade F, #464 of 667 statewide, top 70%, 1,444 students, 63% FRL) — zoned schools average 74% FRL vs 45% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 21% at this address vs 50% district-wide (-30 pts) — the specific schools serving this property underperform the Leon average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+4.7%/yr); 192 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,765 units permitted in Leon County in 2024 (975 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($32k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Leon County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 4.7% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $65,000

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.81%
Cap rate
14.72%
Cash-on-cash
30.11%
DSCR
2.34
GRM
4.6

CMA / ARV

ARV (median comp)
$135,209
List price
$65,000
Delta
-51.93%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1013 Clay Dr 0.20mi 2/1.0 990 (+9%) 3mo $65,000 $66 74
1312 Indiana St 0.26mi 3/1.0 (+1) 828 (-9%) 2mo $123,500 $149 66
1233 Volusia St 0.17mi 3/2.0 (+1) 868 (-5%) 18mo $125,000 $144 60
849 W Brevard St 0.59mi 2/1.0 982 (+8%) 1mo $119,000 $121 59
1625 Old Bainbridge Rd 0.58mi 3/1.0 (+1) 884 (-3%) 8mo $85,000 $96 56
1434 Alabama St 0.27mi 3/1.0 (+1) 995 (+9%) 15mo $165,000 $166 55
845 W Brevard St 0.59mi 2/1.0 965 (+6%) 10mo $125,000 $130 54
709 Gladiola Ter 0.69mi 3/1.0 (+1) 864 (-5%) 0mo $97,500 $113 54
1433 Alabama St 0.26mi 3/2.0 (+1) 1,025 (+12%) 9mo $171,000 $167 51
1053 Delaware St 0.28mi 3/2.0 (+1) 1,036 (+14%) 9mo $159,000 $153 48
715 Caliark St 0.53mi 3/2.0 (+1) 970 (+6%) 14mo $275,000 $284 44
1336 Gibbs Dr 0.70mi 3/1.0 (+1) 1,008 (+10%) 13mo $140,000 $139 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.69% rent growth · sell at horizon

5-year hold
IRR
26.7%
Equity multiple
2.13×
Total profit
$20,616
Equity at exit
$9,692
10-year hold
IRR
35.3%
Equity multiple
4.52×
Total profit
$64,154
Equity at exit
$5,620

Cash invested: $18,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
13 active · 10 under contract
Months of supply
8.7 mo (12%/mo absorbed)
Median asking
$172,000 ($181/sqft)
Median days on market
35 d
This list price
8% of active listings are priced below it
ARV vs active asking
-17.9% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32304

Home prices YoY
-21.2%
Rents YoY
4.7%
Active inventory
192
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,174 high interval (Pro) →
Mortgage (P&I)
$341
Tax from tax record
$103 /mo · $1,230/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$246
Net cashflow
$457

Break-even live

Break-even rent $596
Max offer price $65,000
Occupancy floor 56%

Sensitivity live

Price -10% $494 -5% $475 +0% $457 +5% $438 +10% $420
Rent -10% $364 -5% $410 +0% $457 +5% $503 +10% $549
Rate -1.0pp $489 -0.5pp $473 base $457 +0.5pp $440 +1.0pp $423

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$16,250
Closing costs
$1,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1323 Volusia St Unit C Tallahassee, FL 2.0 1.0 576 $895 $1.55 4d 1 0.14mi
1505 Joe Louis St Tallahassee, FL 1.0 1.0 624 $800 $1.28 5d 1 0.18mi
1419 Connecticut St Tallahassee, FL 3.0 1.0 902 $1,250 $1.39 0d 1 0.21mi
1327 Charlotte St Unit 1329 Tallahassee, FL 2.0 1.0 628 $1,295 $2.06 6d 1 0.28mi
910 Wadsworth St Unit 1 Tallahassee, FL 2.0 1.0 810 $1,195 $1.48 6d 1 0.29mi
1410 Nylic St Unit B Tallahassee, FL 2.0 1.0 550 $895 $1.63 4d 1 0.32mi
836 Richmond St Unit 10 Tallahassee, FL 1.0 1.0 540 $875 $1.62 117d 1 0.34mi
836 Richmond St Unit 10 Tallahassee, FL 1.0 1.0 540 $875 $1.62 109d 1 0.34mi
810 Wadsworth St Tallahassee, FL 1.0 1.0 600 $1,123 $1.87 6d 8 0.38mi
916 N Woodward Ave #1 Tallahassee, FL 2.0 1.0 794 $1,000 $1.26 109d 1 0.41mi
1325 W Tharpe St Tallahassee, FL 1.0–3.0 1.0–4.0 937 $1,511 $1.61 6d 29 0.45mi
1505 W Tharpe St Tallahassee, FL 2.0–4.0 2.0–4.0 1054 $499 $0.47 3d 14 0.47mi
1108 Greentree Ct Unit I Tallahassee, FL 2.0 2.0 888 $1,125 $1.27 6d 1 0.47mi
1108 Greentree Ct Tallahassee, FL 2.0 2.0 888 $1,275 $1.44 117d 1 0.48mi
1104 Greentree Ct Tallahassee, FL 2.0 2.0 898 $1,200 $1.34 5d 1 0.48mi
1111 High Rd Tallahassee, FL 2.0–3.0 2.0 1000 $1,306 $1.31 0d 19 0.53mi
754 Gold Nugget Trl Tallahassee, FL 1.0 1.0 1050 $900 $0.86 6d 1 0.55mi
2020 Continental Ave Tallahassee, FL 1.0–2.0 1.0–1.5 850 $1,300 $1.53 117d 3 0.62mi
2020 Continental Ave Tallahassee, FL 1.0–2.0 1.0–2.0 815 $1,150 $1.41 4d 2 0.62mi
820 W Georgia St Tallahassee, FL 3.0 3.0 971 $1,100 $1.13 1d 1 0.68mi
2001 Continental Ave Tallahassee, FL 2.0 1.5 864 $1,100 $1.27 6d 1 0.70mi
1001 Ocala Rd Tallahassee, FL 4.0 1.0–4.0 1099 $684 $0.62 2d 5 0.75mi
322 Conradi St Tallahassee, FL 3.0 2.0 1100 $1,950 $1.77 117d 4 0.76mi
322 Conradi St Unit 6A Tallahassee, FL 3.0 2.0 1100 $1,950 $1.77 6d 1 0.76mi
2060 Continental Ave Tallahassee, FL 1.0–3.0 1.0–2.5 1121 $1,022 $0.91 0d 38 0.77mi
618 Dover St Tallahassee, FL 2.0 1.0 751 $500 $0.67 6d 1 0.78mi
1181 Ocala Rd Tallahassee, FL 2.0 2.0 928 $1,150 $1.24 6d 1 0.79mi
1303 Ocala Rd Tallahassee, FL 1.0–4.0 1.0–2.0 1121 $1,320 $1.18 0d 79 0.81mi
1210 Ford St Tallahassee, FL 2.0 1.0 790 $1,025 $1.30 6d 1 0.83mi
1360 Ocala Rd Tallahassee, FL 2.0 1.0 800 $1,000 $1.25 117d 1 0.89mi
1360 Ocala Rd Tallahassee, FL 2.0–3.0 2.0 1150 $1,250 $1.09 1d 4 0.89mi
1260 Continental Ct Unit 1 Tallahassee, FL 1.0 1.0 640 $975 $1.52 6d 1 0.90mi
1812 W Tharpe St Unit D Tallahassee, FL 1.0 1.0 650 $950 $1.46 117d 1 0.94mi
1209 Chee Ln Tallahassee, FL 1.0 1.0 848 $995 $1.17 4d 1 0.96mi
1209 Chee Ln Tallahassee, FL 1.0 1.0 848 $995 $1.17 2d 1 0.96mi
1380 Ocala Rd Tallahassee, FL 1.0 1.0 700 $975 $1.39 117d 1 0.99mi
1801 Fairlane Rd Unit I Tallahassee, FL 1.0 1.0 704 $850 $1.21 6d 1 1.00mi
1912 Nannette Dr Unit 1912 Tallahassee, FL 2.0 1.0 850 $1,100 $1.29 6d 1 1.02mi
1916 Nannette Dr Unit 1916 Tallahassee, FL 2.0 1.0 1000 $1,100 $1.10 109d 1 1.04mi
400 W 6th Ave Tallahassee, FL 3.0 1.0 1100 $1,450 $1.32 5d 1 1.08mi

Property features AI

Finance

Financial info
Property is for sale

Exterior

Parking
Driveway
Home design
Single-story home
Construction
Block and concrete construction
Exterior features
Partial fencingPaved road access

Interior

Kitchen
Standard kitchen
Bedrooms
Bedroom (one additional bedroom listed as Bedroom 2)
Bathrooms
1 full bathroom
Interior features
Living roomFamily roomDining roomKitchen

Listing history 45 events

  1. 2026-09-24
    days on market $65,000 Active 13 DOM
  2. 2026-09-23
    days on market $65,000 Active 12 DOM
  3. 2026-09-22
    days on market $65,000 Active 11 DOM
  4. 2026-09-21
    days on market $65,000 Active 10 DOM
  5. 2026-09-20
    days on market $65,000 Active 9 DOM
  6. 2026-09-18
    days on market $65,000 Active 7 DOM
  7. 2026-09-17
    days on market $65,000 Active 6 DOM
  8. 2026-09-16
    days on market $65,000 Active 5 DOM
  9. 2026-09-15
    days on market $65,000 Active 4 DOM
  10. 2026-09-14
    days on market $65,000 Active 3 DOM
  11. 2026-09-13
    days on market $65,000 Active 2 DOM
  12. 2026-09-12
    remarks 693-char remark
  13. 2026-09-12
    pricestatusdays on marketlisting id $65,000 Active 1 DOM
  14. 2026-07-27
    days on market $78,000 Active Under Contract 150 DOM
  15. 2026-07-25
    days on market $78,000 Active Under Contract 148 DOM
  16. 2026-07-24
    days on market $78,000 Active Under Contract 147 DOM
  17. 2026-07-23
    days on market $78,000 Active Under Contract 146 DOM
  18. 2026-07-22
    days on market $78,000 Active Under Contract 145 DOM
  19. 2026-07-21
    days on market $78,000 Active Under Contract 144 DOM
  20. 2026-07-18
    days on market $78,000 Active Under Contract 141 DOM
  21. 2026-07-16
    days on market $78,000 Active Under Contract 139 DOM
  22. 2026-07-16
    days on market $78,000 Active Under Contract 138 DOM
  23. 2026-07-14
    days on market $78,000 Active Under Contract 137 DOM
  24. 2026-07-13
    days on market $78,000 Active Under Contract 136 DOM
  25. 2026-07-12
    days on market $78,000 Active Under Contract 135 DOM
  26. 2026-07-11
    days on market $78,000 Active Under Contract 134 DOM
  27. 2026-07-10
    days on market $78,000 Active Under Contract 133 DOM
  28. 2026-06-08
    days on market $78,000 Active Under Contract 132 DOM
  29. 2026-06-07
    days on market $78,000 Active Under Contract 131 DOM
  30. 2026-06-05
    days on market $78,000 Active Under Contract 128 DOM
  31. 2026-06-03
    days on market $78,000 Active Under Contract 127 DOM
  32. 2026-06-02
    days on market $78,000 Active Under Contract 126 DOM
  33. 2026-06-01
    days on market $78,000 Active Under Contract 125 DOM
  34. 2026-05-31
    days on market $78,000 Active Under Contract 124 DOM
  35. 2026-05-30
    days on market $78,000 Active Under Contract 123 DOM
  36. 2026-05-14
    historical Active Under Contract
  37. 2026-05-14
    status Active
  38. 2026-05-14
    price $78,000
  39. 2026-04-10
    historical Active Under Contract
  40. 2026-02-05
    price $87,000
  41. 2026-01-27
    listed $96,000 Active
  42. 2024-12-20
    soldstatus $72,500 Closed 1049-char remark
    Show marketing remark (1049 chars)

    Charming 2-Bedroom Bungalow Near Florida State University Welcome to this adorable bungalow, perfectly nestled just minutes from Florida State University! This 2-bedroom, 1-bathroom home features an open floor plan that effortlessly combines functionality with cozy charm. With ample natural light and a layout designed for comfort, this property is perfect for students, professionals, or anyone seeking a vibrant, convenient location. Currently in a blank pallet stage with so much potential. Grass has being digitally created to show potential The spacious backyard is fully fenced, offering privacy and room for outdoor gatherings, gardening, or relaxing in your own retreat. With plenty of parking space, hosting guests is a breeze. Whether you’re searching for a primary residence, a second home, or an investment opportunity, this property delivers. Its proximity to FSU makes it an ideal rental with excellent income potential. Don’t miss your chance to own this hidden gem in the heart of Tallahassee. Explore the possibilities.

  43. 2024-12-05
    historical Contingent 1049-char remark
    Show marketing remark (1049 chars)

    Charming 2-Bedroom Bungalow Near Florida State University Welcome to this adorable bungalow, perfectly nestled just minutes from Florida State University! This 2-bedroom, 1-bathroom home features an open floor plan that effortlessly combines functionality with cozy charm. With ample natural light and a layout designed for comfort, this property is perfect for students, professionals, or anyone seeking a vibrant, convenient location. Currently in a blank pallet stage with so much potential. Grass has being digitally created to show potential The spacious backyard is fully fenced, offering privacy and room for outdoor gatherings, gardening, or relaxing in your own retreat. With plenty of parking space, hosting guests is a breeze. Whether you’re searching for a primary residence, a second home, or an investment opportunity, this property delivers. Its proximity to FSU makes it an ideal rental with excellent income potential. Don’t miss your chance to own this hidden gem in the heart of Tallahassee. Explore the possibilities.

  44. 2024-11-19
    listed $72,500 Active 1049-char remark
    Show marketing remark (1049 chars)

    Charming 2-Bedroom Bungalow Near Florida State University Welcome to this adorable bungalow, perfectly nestled just minutes from Florida State University! This 2-bedroom, 1-bathroom home features an open floor plan that effortlessly combines functionality with cozy charm. With ample natural light and a layout designed for comfort, this property is perfect for students, professionals, or anyone seeking a vibrant, convenient location. Currently in a blank pallet stage with so much potential. Grass has being digitally created to show potential The spacious backyard is fully fenced, offering privacy and room for outdoor gatherings, gardening, or relaxing in your own retreat. With plenty of parking space, hosting guests is a breeze. Whether you’re searching for a primary residence, a second home, or an investment opportunity, this property delivers. Its proximity to FSU makes it an ideal rental with excellent income potential. Don’t miss your chance to own this hidden gem in the heart of Tallahassee. Explore the possibilities.

  45. 1999-08-31
    soldstatus $36,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,230 · $103/mo
Projected year-2 tax
$1,230 · $103/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,084
− Mortgage interest
−$3,641
− Property taxes
−$1,230
− Insurance
−$325
− Repairs & maintenance
−$1,127
− Management
−$1,127
− Depreciation
−$1,891
Taxable income
$4,743
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,138
After-tax cash flow
$4,342/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $22,800–$41,040 screening

This home requires moderate renovations, including roof replacement, exterior painting, and flooring replacement, to improve its condition and increase its value.

Repairs flagged

  • Major roof — The roof appears to be in poor condition, with visible wear and tear.
  • Moderate exterior siding — The exterior siding is in fair condition, with some discoloration and wear.
  • Major flooring — The flooring in the interior appears to be in poor condition, with visible wear and tear.
  • Moderate interior walls/paint — The interior walls and paint appear to be in fair condition, with some discoloration.
  • Major landscaping — The landscaping and curb appeal are fair, with some overgrown areas and a lack of maintenance.

Value-add opportunities

  • Both roof replacement — Re-roofing would significantly improve the home's appearance and increase its value.
  • Both exterior painting — Painting the exterior siding would improve the home's curb appeal and increase its value.
  • Both flooring replacement — Replacing the flooring would improve the home's appearance and increase its value.
  • Both interior painting — Painting the interior walls and trim would improve the home's appearance and increase its value.
  • Both landscaping and curb appeal — Landscaping and improving the curb appeal would increase the home's value and attract more potential buyers/tenants.

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 21/100

Zoned Schools

Elementary John G Riley Elementary School F FL #2,137/2,144 Nat'l #36,758/41,679 Middle Griffin Middle School F FL #556/571 Nat'l #11,564/14,009 High Amos P. Godby High School F FL #464/667 Nat'l #11,740/17,239

Schools (NCES district)

District
Leon
NCES district ID
1201110
Math proficiency
48% ▼ -13.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$46,339
Composite
42.84/100
National rank
#3131
State rank
#33 of 73 in FL
A Composite livability gradescore 86/100

Livability — Tallahassee

Score
86/100
State rank
#19
US rank
#429

Category grades

Amenities A+ Commute A+ Cost of living A Crime C+ Employment D Housing A- Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tallahassee, FL
County
Leon County · 315,507 people
City population
294,472
Metro
Tallahassee, FL
Population (ZIP)
51,673
Household income
$32,348
Rent vs Own
86.5% rent · 13.5% own
Severe rent burden
18% of renters

Population outlook (Leon County) Hauer SSP2

Today (2025)
315,507 people
By 2030
330,677 · +4.8%
By 2040
358,465 · +13.6%
By 2050
386,804 · +22.6%
By 2075
465,480 · +47.5%
By 2100
519,959 · +64.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
White 45% Black 36% Hispanic / Latino 10% Two or more races 7% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2% Cuban 2%
Common ancestry
Romanian 2% Lithuanian 1% Italian 1%
Foreign-born
8% · Canada, China
Languages at home
86% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Leon

2024 margin
Strong D (+21.8) · D 60.3% · R 38.5% · Other 1.2%
2008→2024 swing
-2.5pp toward R · 2008: 24.3pp · 2024: 21.8pp
All cycles
2024: D+21.8 2020: D+28.3 2016: D+25.1 2012: D+23.6 2008: D+24.3

Not yet ingested

Civics

Price history

+80.6% since first listed
15 events — show timeline
  • 2026-09-11 Listed $65,000 CATRS
  • 2026-07-27 Listing Removed CATRS
  • 2026-07-09 Relisted CATRS
  • 2026-06-08 Relisted CATRS
  • 2026-06-08 Listing Removed CATRS
  • 2026-05-14 Contingent CATRS
  • 2026-05-14 Relisted CATRS
  • 2026-05-14 Price Changed $78,000 CATRS
  • 2026-04-10 Contingent CATRS
  • 2026-02-05 Price Changed $87,000 CATRS
  • 2026-01-27 Listed $96,000 CATRS
  • 2024-12-20 Sold (MLS) $72,500 CATRS
  • 2024-12-05 Contingent CATRS
  • 2024-11-19 Listed $72,500 CATRS
  • 1999-08-31 Sold (Public Records) $36,000 Public Records

Property tax history

+416.5%/yr

Latest (2025): $1,230 · +3058.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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