Updated Multifamily Near FAMU – 542 Osceola St Fully renovated and ready for lease-up, 542 Osceola St is a plug-and-play multifamily opportunity just steps from FAMU and the FAMU Softball Field. All units have been completely updated, offering modern finishes and move-in-ready condition for new tenants. The property is currently 57% occupied and bringing in $6,695 in monthly revenue, with strong potential for increased income as remaining units are leased. Showings can be scheduled via ShowingTime, with access to the model unit (Unit 9) for easy viewing. Whether you're an investor looking to finish the lease-up or expand your portfolio near a major university, this is a rare chance to acquire a turnkey asset in a high-demand rental market.
For sale
$1,250,000
542 Osceola St #NA, Tallahassee, FL 32310
--beds
--baths
6,400sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 37 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 01:37pm
Listed by:
Thomas Holland 850-509-1641,
Pentwell
Source: TBR,MLS#: 389374

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 6,400
- Total interior livable area: 6,400 sqft
Property
Parking
- Parking features: Unassigned
Features
- Stories: 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Block, Concrete
Condition
- Year built: 1960
Community & HOA
Community
- Security: Dead Bolt(s), Smoke Detector(s)
- Subdivision: NORMAL SCHOOL SUBDIVISION
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $195/sqft
- Date on market: 8/1/2025
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
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