Active Under Contract

1511 Melvin Street

Tallahassee, FL 32301

$140,000 $590/Mo

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Overview

Bed

Bath

1,568

Sqft

0.12

Acre(Lot)

Description

Calling all investors, just one block to campus! This five bedroom, two bathroom home is an ideal investment property in prime location right next to FAMU's campus, a perfect investment to rent to students and non-students. The home features hardwood floors, a large front porch and a washer/dryer in an interior laundry room. Currently rented for $1450 through July 2026, but there is room for rent growth! Photos taken prior to current tenant moving in. 24 Notice required to show.

Property Details

Property Type : Residential

Price : $140,000

AD Id : 78318642

MLS Id : 399755

Beds : 5

Lot Size : 0.12 Acre

Living Area Size : 1,568

Year Built : 1960

County : Leon

Subdivision: Morrill Heights

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2 Full Baths: 2

Flooring Information

Hardwood, Plank, Tile, Vinyl
Interior Features

PrimaryDownstairs

Appliances: Dryer, Oven, Range, Refrigerator, Washer
Heating & Cooling

Has Heating: Yes Heating: Central, NaturalGas Has Cooling: Yes Cooling: WallWindowUnits

Building Information

Year Built: 1960

Building Area Total: 1568

Construction Materials: WoodSiding

Patio And Porch Features: Covered, Porch

Private Pool: No

View: None

Lot Information

Lot Dimensions: 45x123x45x123 Lot Size Acres: 0.12

Property Information

Subdivision: MORRILL HEIGHTS Source Property Type: Residential Property SubType: Detached Property Age: 66

Listing Price Information

Listing Price: $140000

Cash, Conventional

Tax Information

Parcel Number: 12073-41-01-54-000-019-0 Tax Lot: 19 Tax Block: 0 Annual Tax: $2431

Virtual Tour

Virtual Tour (External Link)

Parking Information

Carport, OneSpace

Homeowners Association Information

Included Fees: None

Community Features: StreetLights

School Information

Elementary School: BOND Junior High School: NIMS Senior High School: LEON
Location Information

Direction: From Monroe and Gadsden go South on Monroe. R on Jennings St/Jakes and Patterson St. L on Melvin St.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3085 Manison Lane, Tallahassee, FL, 32301	$210,000	3	2	1,232	1,232 SqFt
3073 Reed Lane, Tallahassee, FL, 32301	$190,000	3	2	1,040	1,040 SqFt
1112 Morningside Court, Tallahassee, FL, 32301	$359,000	3	3	1,646	1,646 SqFt
158 Dawn Lauren Lane, Tallahassee, FL, 32301	$249,900	3	2	1,092	1,092 SqFt
254 E Whetherbine Way, Tallahassee, FL, 32301	$203,500	2	2	960	960 SqFt
247 Whetherbine Way, Tallahassee, FL, 32301	$179,999	2	2	1,008	1,008 SqFt
159 Whetherbine Way, Tallahassee, FL, 32301	$199,900	2	2	1,008	1,008 SqFt
447 Grail Drive, Tallahassee, FL, 32301	$300,000	3	2	1,279	1,279 SqFt
427 Stone House Road, Tallahassee, FL, 32301	$75,000	--	--	--
481 Stone House Road, Tallahassee, FL, 32301	$310,000	3	2	1,560	1,560 SqFt

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ByOwner last updated this listing 06/18/2026 @ 03:51

MLS: 399755 LISTED BY: Ethan Conrad, Destination Real Estate Corp 850-445-5129 SOURCE: TBRMLS