$289,989

5138 Back 40 Rd #0

Tallahassee, FL 32303

🛏 4 Beds 🚿 2 Baths 📐 1,808 sqft 💲 $160/sqft multi-family
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About This Home

5138 Back 40 Rd #0, Tallahassee, FL 32303

PROFESSIONAL PHOTOS COMING SOON Built in 1993, this move-in ready duplex sits on a private 1.18-acre wooded lot in a prime NW Tallahassee location just off Capital Circle NW with quick access to I-10. Conveniently located near the future Buc-ee’s projected for mid-2027, this property offers outstanding long-term potential. Each unit features 908 sq ft with one upstairs and one downstairs, making it ideal for investors or owner-occupants. The property has undergone major interior renovations in recent years including updated finishes and newer appliances, along with important exterior improvements such as a metal roof (2020) and septic drain field (2020). Currently vacant, the duplex has an estimated gross rental potential of approximately $2,800 per month. Live in one unit while the rental income from the second unit helps cover a major portion of your payment, or lease both for strong income potential. Peaceful wooded setting, major updates already completed, and a rapidly growing location make this a rare opportunity.

Home Highlights

ParkingNo Info
OutdoorDeck
ViewNo Info
HOANone
Price/Sqft$160
ListedNo Info

Property Details

Beds & Baths
  • Number of Bedrooms: 4
  • Number of Bathrooms: 2
Appliances & Utilities
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
Heating & Cooling
  • Heating: Central,Electric
  • Has Cooling
  • Air Conditioning: Central Air,Ceiling Fan(s),Electric
  • Has Heating
  • Heating Fuel: Central
Fireplace & Spa
  • No Fireplace
Windows, Doors, Floors & Walls
  • Flooring: Laminate
Levels, Entrance, & Accessibility
  • Floors: Laminate
Exterior Home Features
  • Patio / Porch: Deck
  • Exterior: Deck
  • No Private Pool
Parking & Garage
  • No Attached Garage
  • Parking: Assigned,Parking Space(s)
Frontage
  • Not on Waterfront
Year Built
  • Year Built: 1993
Property Type / Style
  • Property Type: Residential
  • Property Subtype: Multi Family
  • Architecture: Two Story
Building
  • Construction Materials: Frame, Vinyl Siding
  • Does Not Include Home Warranty
Property Information
  • Parcel Number: 120732107204130000
Price
  • List Price: $289,989
  • Price Per Sqft: $160
Status Change & Dates
  • Possession Timing: Close Of Escrow, Immediately
Direction & Address
  • City: Tallahassee
  • Community: Unplatted Land
School Information
  • Elementary School: SPRINGWOOD
  • Jr High / Middle School: GRIFFIN
  • High School: GODBY
Listing Agent
  • Listing ID: 399726
Building Area
  • Building Area: 1808 Square Feet

Price History

DateEventPriceSource
May 10, 2026Listed For Sale$289,989TBR #399726