1408 W Tharpe Street
Tallahassee, FL 32303
5
Bed
4
Bath
2,027Sqft
0.23Acre(Lot)
Solid investment opportunity in a great central location. Currently cash flowing with a multi-year lease in place through June 2027 at $3,025 per month. CAP rate of 9.7%. Built in 2007, this spacious 5-bedroom / 4-bathroom house makes a great rental being just 1.3 miles to FSU, 2.9 miles to the capital, and 3.5 miles to FAMU. Sold “as is” with right to inspect.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 3 Half Baths: 1Flooring Information
Carpet, Tile -
Interior Features
UpperLevelPrimaryAppliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central, HeatPump Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric
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Building Information
Year Built: 2007Building Area Total: 2027Construction Materials: FiberCementStories: 2Patio And Porch Features: PatioPrivate Pool: NoView: None
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Lot Information
Lot Size Acres: 0.23Property Information
Subdivision: FOREST HEIGHTS Source Property Type: Residential Property SubType: Detached Property Age: 19
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Listing Price Information
Listing Price: $279000Cash, Other, RehabFinancing
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Tax Information
Parcel Number: 12073-21-22-30- B-004-0 Tax Lot: 4 Tax Block: B Annual Tax: $5209
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Virtual Tour
Parking Information
DrivewayHomeowners Association Information
Included Fees: NoneCommunity Features: Curbs, Gutters, StreetLights, Sidewalks
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School Information
Elementary School: ASTORIA PARK Junior High School: GRIFFIN Senior High School: GODBY -
Location Information
Direction: Corner of Tharpe and Rosedale.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1561 Spruce, Tallahassee, FL, 32303 | $350,000 | 3 | 1 | 1,217 | 1,217 SqFt |
| 2504 Jim Lee Road, Tallahassee, FL, 32303 | $5,000 | 3 | 1 | 2,024 | 2,024 SqFt |
| 1485 Spruce Avenue, Tallahassee, FL, 32303 | $425,000 | 3 | 2 | 1,773 | 1,773 SqFt |
| 1481 Spruce Avenue, Tallahassee, FL, 32303 | $600,000 | 3 | 2 | 1,685 | 1,685 SqFt |
| 1481 Spruce Avenue, Tallahassee, FL, 32303 | $560,000 | 3 | 2 | 1,685 | 1,685 SqFt |
| 1445 Spruce Avenue, Tallahassee, FL, 32303 | $640,000 | 3 | 2 | 2,354 | 2,354 SqFt |
| 1445 Spruce Avenue, Tallahassee, FL, 32303 | $640,000 | 3 | 2 | 2,354 | 2,354 SqFt |
| 1310 E 7th Avenue, Tallahassee, FL, 32303 | $365,000 | 2 | 2 | 1,227 | 1,227 SqFt |
| 1545 Lee Avenue, Tallahassee, FL, 32303 | $1,095,000 | 5 | 4 | 4,154 | 4,154 SqFt |
| 1538 Lee Avenue, Tallahassee, FL, 32303 | $399,000 | 3 | 2 | 1,807 | 1,807 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 10:36
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