Real Estate Investment Properties for Sale in Tallahassee, FL

Looking for investment property in Tallahassee, FL with high ROI ?

Explore a variety of short-term homes & houses in Tallahassee, FL. Invest wisely with VRBO & Tallahassee, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Tallahassee, FL

Search for Townhouse for Sale in Tallahassee, Florida. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 90 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2539 Fred Smith Road Tallahassee, FL Move-in ready 3 bedroom, 2 bathroom townhome that has been exceptionally well maintained w...	3 beds \| 2 baths \| 1,282 sq.ft.	$209,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.97% Airbnb Rental Income: $1608 Traditional Rental Income: $1671 Airbnb ROI: 3.36% Traditional ROI: 5.97%
2573 Chandalar Lane Tallahassee, FL Welcome to 2573 Chandalar Ln., a spacious and beautifully maintained 3-bedroom, 2.5-bathro...	3 beds \| 3 baths \| 1,579 sq.ft.	$250,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 6.36% Airbnb Rental Income: $1734 Traditional Rental Income: $1902 Airbnb ROI: 3.62% Traditional ROI: 6.36%
5015 Mint Hill Court Tallahassee, FL Convenience and charm blend beautifully in this well-maintained brick townhome! Located of...	2 beds \| 3 baths \| 1,358 sq.ft.	$265,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 4.51% Airbnb Rental Income: $2525 Traditional Rental Income: $1674 Airbnb ROI: 5.47% Traditional ROI: 4.51%
1994 NENA HILLS Drive Tallahassee, FL Spacious 3-bedroom, 3-bathroom townhome with no shared bathrooms, ideally located with an ...	3 beds \| 3 baths \| 1,344 sq.ft.	$199,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.17% Airbnb Rental Income: $1475 Traditional Rental Income: $1905 Airbnb ROI: 2.59% Traditional ROI: 7.17%
922 S Lipona Road Tallahassee, FL Your New Home Awaits in Tallahassee! Comfort, location, and style all in one place. Discov...	2 beds \| 2 baths \| 896 sq.ft.	$159,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 7.94% Airbnb Rental Income: $853 Traditional Rental Income: $1568 Airbnb ROI: 1.05% Traditional ROI: 7.94%
3036 Blair Stone Court Tallahassee, FL This beautifully updated 2-story townhome offers the perfect blend of modern living and co...	2 beds \| 2 baths \| 1,441 sq.ft.	$215,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 5.08% Airbnb Rental Income: $1148 Traditional Rental Income: $1748 Airbnb ROI: 0.27% Traditional ROI: 5.08%
2390 Quazar Circle Tallahassee, FL New roof installed prior to close with acceptable offer. Beautifully maintained and update...	3 beds \| 2 baths \| 1,173 sq.ft.	$219,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.04% Airbnb Rental Income: $1565 Traditional Rental Income: $1565 Airbnb ROI: 2.87% Traditional ROI: 5.04%
2851 BOTANY PLACE Tallahassee, FL Currently rented for 1 year.to 7/25/25--LIGHT AND BRIGHT INTERIOR. UNIQUE 3 FULL BATHROOM ...	3 beds \| 3 baths \| 1,224 sq.ft.	$152,900	Airbnb cash on cash: 7.09% Traditional cash on cash: 11.53% Airbnb Rental Income: $1908 Traditional Rental Income: $2050 Airbnb ROI: 7.09% Traditional ROI: 11.53%
2860 N Gulfwind Drive Tallahassee, FL This is the one you've been waiting for. Welcome to a meticulously maintained 2-bedroom, 2...	2 beds \| 2 baths \| 1,002 sq.ft.	$178,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 6.41% Airbnb Rental Income: $1363 Traditional Rental Income: $1522 Airbnb ROI: 3.01% Traditional ROI: 6.41%
1181 Ocala Road Tallahassee, FL Nice townhouse in quiet complex, conveniently located on the Seminole Express bus route ju...	2 beds \| 2 baths \| 928 sq.ft.	$162,500	Airbnb cash on cash: 3.14% Traditional cash on cash: 7.24% Airbnb Rental Income: $1363 Traditional Rental Income: $1583 Airbnb ROI: 3.14% Traditional ROI: 7.24%
2319 Hartsfield Way Tallahassee, FL Great 2 bedroom townhome located at the end of the block. Huge living room that opens to t...	2 beds \| 2 baths \| 960 sq.ft.	$122,000	Airbnb cash on cash: 4.66% Traditional cash on cash: 7.76% Airbnb Rental Income: $1394 Traditional Rental Income: $1337 Airbnb ROI: 4.66% Traditional ROI: 7.76%
1515 Paul Russell Road unit: 12 #12 Tallahassee, FL Seller is offering a $4,000 concession for buyer closing costs. Renovated townhome in a lo...	2 beds \| 2 baths \| 1,254 sq.ft.	$198,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 5.7% Airbnb Rental Income: $1148 Traditional Rental Income: $1609 Airbnb ROI: 1.22% Traditional ROI: 5.7%
3234 Albert Drive Tallahassee, FL Everything is completed. See this renovated and hard to find 3 BR, 2 full bath townhome in...	3 beds \| 2 baths \| 1,035 sq.ft.	$245,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 4.3% Airbnb Rental Income: $1765 Traditional Rental Income: $1544 Airbnb ROI: 3.17% Traditional ROI: 4.3%
1728 N Beechwood Circle Tallahassee, FL Welcome to this beautifully renovated 2-bedroom, 2-bathroom one-story townhome, perfectly ...	2 beds \| 2 baths \| 1,172 sq.ft.	$195,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.8% Airbnb Rental Income: $1148 Traditional Rental Income: $1588 Airbnb ROI: 1.37% Traditional ROI: 5.8%
1616 KAY Avenue Tallahassee, FL Located on a quiet street just minutes from the heart of Tallahassee, 1616 Kay Avenue offe...	2 beds \| 2 baths \| 1,200 sq.ft.	$175,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 6.32% Airbnb Rental Income: $1148 Traditional Rental Income: $1534 Airbnb ROI: 1.72% Traditional ROI: 6.32%
2752 Tess Circle Tallahassee, FL Modern Townhouse with Bathrooms in Every Bedroom. Step into style and comfort with this to...	3 beds \| 3 baths \| 1,178 sq.ft.	$159,999	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.93% Airbnb Rental Income: $1434 Traditional Rental Income: $1553 Airbnb ROI: 3.35% Traditional ROI: 6.93%
1257 E Orange Avenue Tallahassee, FL Great investment opportunity or future home! This 2-bedroom, 2-bath townhome is convenient...	2 beds \| 2 baths \| 874 sq.ft.	$110,000	Airbnb cash on cash: 6.93% Traditional cash on cash: 9.46% Airbnb Rental Income: $1464 Traditional Rental Income: $1301 Airbnb ROI: 6.93% Traditional ROI: 9.46%
1234 Hidden Place Tallahassee, FL Great location!! Fully Remodeled 3 Bedroom, 2.5 Bath Townhouse minutes from FSU Campus!! G...	3 beds \| 3 baths \| 1,440 sq.ft.	$235,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.38% Airbnb Rental Income: $1434 Traditional Rental Income: $1926 Airbnb ROI: 2.24% Traditional ROI: 6.38%
2398 Continental Avenue Tallahassee, FL Wonderful move-in ready Townhouse near Florida State University & Tallahassee State Colleg...	2 beds \| 3 baths \| 1,280 sq.ft.	$169,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 7.24% Airbnb Rental Income: $1363 Traditional Rental Income: $1697 Airbnb ROI: 2.58% Traditional ROI: 7.24%
215 W Whetherbine Way Tallahassee, FL Motivated Sellers!! Don't miss this 2BR/2BA townhome in a quiet Tallahassee subdivision. H...	2 beds \| 2 baths \| 1,008 sq.ft.	$182,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 5.95% Airbnb Rental Income: $1536 Traditional Rental Income: $1447 Airbnb ROI: 3.89% Traditional ROI: 5.95%
1846 Sylvan Court Tallahassee, FL Fantastic NW Tallahassee opportunity! Check out this recently renovated townhome with 2 be...	2 beds \| 2 baths \| 896 sq.ft.	$139,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 7.23% Airbnb Rental Income: $1394 Traditional Rental Income: $1361 Airbnb ROI: 4.34% Traditional ROI: 7.23%
3036 Ironwood Drive Tallahassee, FL Beautifully Renovated Townhome in Killearn Estates - Under $300K! Don't miss this opportun...	2 beds \| 2 baths \| 1,480 sq.ft.	$276,500	Airbnb cash on cash: 5.04% Traditional cash on cash: 6.37% Airbnb Rental Income: $2525 Traditional Rental Income: $2262 Airbnb ROI: 5.04% Traditional ROI: 6.37%
1861 Larette Drive unit: B #B Tallahassee, FL Price Improvement!! Wonderful townhouse setting close to Hilaman Golf course. Great for 1s...	2 beds \| 3 baths \| 1,215 sq.ft.	$157,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 8.48% Airbnb Rental Income: $1148 Traditional Rental Income: $1646 Airbnb ROI: 2.62% Traditional ROI: 8.48%
226 Whetherbine Drive W Tallahassee, FL 2bd/2ba Townhome gently lived in by single retiree. Clean and Move in ready! New roof and ...	2 beds \| 2 baths \| 1,008 sq.ft.	$184,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 5.84% Airbnb Rental Income: $1536 Traditional Rental Income: $1450 Airbnb ROI: 3.8% Traditional ROI: 5.84%
1671 Corey Wood Circle Tallahassee, FL Well-maintained 3 bedroom, 3 full bathroom townhouse in a prime Tallahassee location-ideal...	3 beds \| 3 baths \| 1,406 sq.ft.	$190,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 7.76% Airbnb Rental Income: $1475 Traditional Rental Income: $1748 Airbnb ROI: 3.84% Traditional ROI: 7.76%
2459 Nugget Lane Tallahassee, FL Look no further for an ideally located 3 bed, 2 bath Townhome, just minutes from downtown ...	3 beds \| 2 baths \| 1,212 sq.ft.	$167,500	Airbnb cash on cash: 4.22% Traditional cash on cash: 6.79% Airbnb Rental Income: $1608 Traditional Rental Income: $1562 Airbnb ROI: 4.22% Traditional ROI: 6.79%
2924 Cross Creek Court Tallahassee, FL Welcome to 2924 Cross Creek Ct, a beautifully renovated 3-bedroom, 2-bathroom home nestled...	3 beds \| 2 baths \| 1,270 sq.ft.	$233,999	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.41% Airbnb Rental Income: $1565 Traditional Rental Income: $1679 Airbnb ROI: 2.87% Traditional ROI: 5.41%
4025 Colleton Court Tallahassee, FL ~ Welcome to this beautifully maintained townhome in the heart of the highly-desirable Sou...	3 beds \| 3 baths \| 1,744 sq.ft.	$335,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 5.01% Airbnb Rental Income: $1565 Traditional Rental Income: $2503 Airbnb ROI: 0.61% Traditional ROI: 5.01%
2564 Panther Creek Road unit: A #A Tallahassee, FL Grass is enhanced in image. Tucked away in a peaceful, wooded neighborhood with charming w...	2 beds \| 1 baths \| 1,089 sq.ft.	$170,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 6.39% Airbnb Rental Income: $1536 Traditional Rental Income: $1515 Airbnb ROI: 3.77% Traditional ROI: 6.39%
1208 Cross Creek Way unit: 1 #1 Tallahassee, FL Discover this awesome 3 Bed/2.5 Bath end-unit townhouse with a garage on Tallahassee's Eas...	3 beds \| 3 baths \| 1,328 sq.ft.	$215,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.84% Airbnb Rental Income: $1565 Traditional Rental Income: $1755 Airbnb ROI: 2.7% Traditional ROI: 5.84%
2894 Lakeshore Dr Tallahassee, FL Vaulted Ceilings and very open corner Townhouse. New Roof, paint, flooring, deck within th...	3 beds \| 2 baths \| 1,232 sq.ft.	$219,900	Airbnb cash on cash: -1.38% Traditional cash on cash: 4.95% Airbnb Rental Income: $593 Traditional Rental Income: $1624 Airbnb ROI: -1.38% Traditional ROI: 4.95%
796 E Timberwood Circle Tallahassee, FL NEW ROOF WITH REASONABLE OFFER! Calling All Investors or Students! Spacious 3BR/3BA townho...	3 beds \| 3 baths \| 1,268 sq.ft.	$183,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 7.72% Airbnb Rental Income: $1434 Traditional Rental Income: $1706 Airbnb ROI: 3.69% Traditional ROI: 7.72%
1956 Rain Valley Court Tallahassee, FL Cozy townhome located in the NE. This is a low maintenance townhome that feels like a deta...	2 beds \| 2 baths \| 1,264 sq.ft.	$225,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.3% Airbnb Rental Income: $1536 Traditional Rental Income: $1790 Airbnb ROI: 3.02% Traditional ROI: 6.3%
418 E Carolina Street Tallahassee, FL Welcome to 418 E. Carolina St - the epitome of Quiet Sophistication. Located between Downt...	3 beds \| 3 baths \| 1,529 sq.ft.	$430,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 3.93% Airbnb Rental Income: $2158 Traditional Rental Income: $2320 Airbnb ROI: 2.17% Traditional ROI: 3.93%
1055 Ocala Road Tallahassee, FL Perfectly located just minutes from FSU, this spacious two-story townhome with a brand new...	2 beds \| 2 baths \| 928 sq.ft.	$159,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 6.65% Airbnb Rental Income: $1051 Traditional Rental Income: $1354 Airbnb ROI: 2.26% Traditional ROI: 6.65%
4059 Four Oaks Boulevard Tallahassee, FL Welcome to Southwood's newest development - The Collection at Four Oaks! Nestled in the he...	4 beds \| 3 baths \| 1,695 sq.ft.	$419,500	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.5% Airbnb Rental Income: $1400 Traditional Rental Income: $2363 Airbnb ROI: 0.98% Traditional ROI: 4.5%
2516 Mar Court Tallahassee, FL Intown Spacious One Bedroom, One Full Bath townhome located close to shopping, universitie...	1 beds \| 1 baths \| 640 sq.ft.	$132,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 6.19% Airbnb Rental Income: $744 Traditional Rental Income: $1164 Airbnb ROI: 0.41% Traditional ROI: 6.19%
7140 Towner Trace Tallahassee, FL Welcome home to this beautifully maintained property located in the highly coveted Scotswo...	3 beds \| 2 baths \| 1,472 sq.ft.	$285,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.78% Airbnb Rental Income: $1013 Traditional Rental Income: $1901 Airbnb ROI: 0.14% Traditional ROI: 4.78%
409 Dartez Court Tallahassee, FL Photos are of model home. Actual home under construction. Options, upgrades, and features ...	3 beds \| 2 baths \| 1,670 sq.ft.	$399,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.51% Airbnb Rental Income: $1694 Traditional Rental Income: $2110 Airbnb ROI: 1.14% Traditional ROI: 3.51%

Your search for investment property begins and ends here

Townhouses for Sale in Tallahassee, FL

2539 Fred Smith Road

Tallahassee, FL

3 beds | 2 baths | 1,282 sq.ft.

$209,900

Airbnb cash on cash: 3.36%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $1608

Traditional Rental Income: $1671

Airbnb ROI: 3.36%

Traditional ROI: 5.97%

2573 Chandalar Lane

Tallahassee, FL

3 beds | 3 baths | 1,579 sq.ft.

$250,000

Airbnb cash on cash: 3.62%

Traditional cash on cash: 6.36%

Airbnb Rental Income: $1734

Traditional Rental Income: $1902

Airbnb ROI: 3.62%

Traditional ROI: 6.36%

5015 Mint Hill Court

Tallahassee, FL

2 beds | 3 baths | 1,358 sq.ft.

$265,000

Airbnb cash on cash: 5.47%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $2525

Traditional Rental Income: $1674

Airbnb ROI: 5.47%

Traditional ROI: 4.51%

1994 NENA HILLS Drive

Tallahassee, FL

3 beds | 3 baths | 1,344 sq.ft.

$199,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 7.17%

Airbnb Rental Income: $1475

Traditional Rental Income: $1905

Airbnb ROI: 2.59%

Traditional ROI: 7.17%

922 S Lipona Road

Tallahassee, FL

2 beds | 2 baths | 896 sq.ft.

$159,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $853

Traditional Rental Income: $1568

Airbnb ROI: 1.05%

Traditional ROI: 7.94%

3036 Blair Stone Court

Tallahassee, FL

2 beds | 2 baths | 1,441 sq.ft.

$215,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $1148

Traditional Rental Income: $1748

Airbnb ROI: 0.27%

Traditional ROI: 5.08%

2390 Quazar Circle

Tallahassee, FL

3 beds | 2 baths | 1,173 sq.ft.

$219,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1565

Traditional Rental Income: $1565

Airbnb ROI: 2.87%

Traditional ROI: 5.04%

2851 BOTANY PLACE

Tallahassee, FL

3 beds | 3 baths | 1,224 sq.ft.

$152,900

Airbnb cash on cash: 7.09%

Traditional cash on cash: 11.53%

Airbnb Rental Income: $1908

Traditional Rental Income: $2050

Airbnb ROI: 7.09%