For sale Residential

Listed Oct 28, 2026

$299,900 Est. $1,984/mo

816 Putnam Drive Unit 1-2

  • 1,841

    Sq ft

The story

Excellent investment opportunity in Tallahassee! This well-maintained duplex offers two separate rental units, making it an ideal addition to an investment portfolio or an opportunity for an owner-occupant looking to offset living expenses with rental income. Both units feature functional floor plans, spacious living areas, attractive wood-look flooring, fully equipped kitchens with ample cabinet space, and comfortable bedrooms. The property also offers separately metered utilities, a roof approximately four years old, and individual driveways for convenient parking. One unit is currently tenant occupied at $1,225 per month on a month-to-month basis, while the other is vacant and ready for its next occupant. The seller estimates potential rents of $1,300 to $1,350 per unit, offering an opportunity to increase rental income. Conveniently located near downtown Tallahassee, shopping, dining, universities, and major roadways. Whether you're expanding your rental portfolio or exploring the benefits of house hacking, this duplex offers flexibility and income potential!

Facts & features

Home type

Residential

Year built

2005

Floors

1

Price per sq ft

$163

Included features

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Range, Refrigerator, Washer Dryer

Mortgage calculator

Estimated monthly payment

$1,984 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,596
  • Property tax $300
  • Insurance $87

Includes principal, interest, taxes & insurance.

Your Property Journey

Interested in this, or something like it?

Submit an inquiry

Drop your details and we will help you find what you are looking for.

Not quite. Help me find the right one

Talk it through or type it out, whichever feels easiest.

Your contact details

An agent will reach out personally, no automated calls.

Smart Assistant

Hi, how can I help you find your dream home?

Tap the voice button to talk, or just start typing.

Tap anywhere to fix a word or add more

Tap stop when you’re done. You can edit the text before searching.

By submitting, you agree to our Privacy Policy and Terms.

Listing Broker

Superior Realty Group LLC

Broker Name

Superior Realty Group LLC