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 237 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
2104 Shangri La #5A Tallahassee, FL ANOTHER PRICE REDUCTION!! Look at those exposed ceiling wood beams in this townhouse- a ra...	3 beds \| 2 baths \| 1,478 sq.ft.	$212,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 7.13% Airbnb Rental Income: $896 Traditional Rental Income: $1917 Airbnb ROI: 0.36% Traditional ROI: 7.13%
1264 Ocala Road #B Tallahassee, FL Welcome to 1264 Ocala Road, Unit B, a spacious townhome offering the perfect combination o...	4 beds \| 3 baths \| 1,560 sq.ft.	$199,000	Airbnb cash on cash: 8.02% Traditional cash on cash: 6.74% Airbnb Rental Income: $2583 Traditional Rental Income: $1722 Airbnb ROI: 8.02% Traditional ROI: 6.74%
779 Timberway Court Tallahassee, FL Great investment opportunity in the sought community of The Timbers. You will love this aw...	3 beds \| 3 baths \| 1,177 sq.ft.	$179,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 6.27% Airbnb Rental Income: $1001 Traditional Rental Income: $1574 Airbnb ROI: 0.84% Traditional ROI: 6.27%
3421 N Carnation Court Tallahassee, FL Turn-key brick townhouse completely renovated for modern living! Featuring a brand-new roo...	2 beds \| 2 baths \| 986 sq.ft.	$195,000	Airbnb cash on cash: 7.92% Traditional cash on cash: 5.16% Airbnb Rental Income: $2517 Traditional Rental Income: $1397 Airbnb ROI: 7.92% Traditional ROI: 5.16%
5613 Hampton Hill Circle Tallahassee, FL Charming 2 bedroom, 2 bathroom home nestled in a quiet Tallahassee neighborhood. Enjoy eas...	2 beds \| 2 baths \| 1,160 sq.ft.	$249,995	Airbnb cash on cash: 4.62% Traditional cash on cash: 3.97% Airbnb Rental Income: $2286 Traditional Rental Income: $1563 Airbnb ROI: 4.62% Traditional ROI: 3.97%
1844 Meriadoc Court Tallahassee, FL One or More Pictures are AI Staged! Spacious floor plan with an open Living/Dining area an...	2 beds \| 1 baths \| 925 sq.ft.	$125,000	Airbnb cash on cash: 9.88% Traditional cash on cash: 6.72% Airbnb Rental Income: $2053 Traditional Rental Income: $1142 Airbnb ROI: 9.88% Traditional ROI: 6.72%
4248 Oak Run Lane Tallahassee, FL Experience luxury resort-style living at its finest in this stunning 3 Bed/2 Bath townhome...	3 beds \| 2 baths \| 1,512 sq.ft.	$399,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.59% Airbnb Rental Income: $2110 Traditional Rental Income: $2539 Airbnb ROI: 1.01% Traditional ROI: 3.59%
1949 Nena Hills Drive Tallahassee, FL Step into this beautifully maintained townhouse featuring 3 bedrooms and 3 full bathrooms,...	3 beds \| 3 baths \| 1,344 sq.ft.	$217,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 5.41% Airbnb Rental Income: $1593 Traditional Rental Income: $1521 Airbnb ROI: 3.55% Traditional ROI: 5.41%
449 Teal Lane Tallahassee, FL Stately 2-story townhouse with garage near Tallahassee Memorial Hospital. Enjoy 3 spacious...	3 beds \| 3 baths \| 1,526 sq.ft.	$289,500	Airbnb cash on cash: 2.98% Traditional cash on cash: 4.51% Airbnb Rental Income: $2110 Traditional Rental Income: $1988 Airbnb ROI: 2.98% Traditional ROI: 4.51%
1208 Cross Creek Way #1 Tallahassee, FL Welcome home to this beautifully maintained 3-bedroom, 2.5-bath end-unit townhouse with a ...	3 beds \| 3 baths \| 1,328 sq.ft.	$194,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 5.36% Airbnb Rental Income: $1491 Traditional Rental Income: $1579 Airbnb ROI: 2.51% Traditional ROI: 5.36%
5430 Hampton Hill Circle Tallahassee, FL No stairs!! Come home to this beautiful and well maintained townhome in the desirable Hamp...	3 beds \| 2 baths \| 1,418 sq.ft.	$270,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 4.55% Airbnb Rental Income: $2625 Traditional Rental Income: $1780 Airbnb ROI: 5.41% Traditional ROI: 4.55%
1327 AIRPORT Drive #E15 Tallahassee, FL *RARE FIND* WATERFRONT/LAKE VIEW 2BR/2.5BA townhome just a 4-minute walk to Florida St...	2 beds \| 3 baths \| 1,643 sq.ft.	$223,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 2.98% Airbnb Rental Income: $2007 Traditional Rental Income: $1344 Airbnb ROI: 3.64% Traditional ROI: 2.98%
1543 San Luis Road Tallahassee, FL Some photos have been digitally enhance Move-in ready and full of charm, this 2-bedroom,...	2 beds \| 2 baths \| 1,122 sq.ft.	$184,900	Airbnb cash on cash: 5.43% Traditional cash on cash: 4.28% Airbnb Rental Income: $2053 Traditional Rental Income: $1319 Airbnb ROI: 5.43% Traditional ROI: 4.28%
2170 Dellwood APT C Drive Tallahassee, FL Spacious and updated townhome conveniently located near Midtown, offering exceptional valu...	3 beds \| 3 baths \| 2,139 sq.ft.	$275,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 5.93% Airbnb Rental Income: $2982 Traditional Rental Income: $2119 Airbnb ROI: 6.61% Traditional ROI: 5.93%
3036 Blair Stone Court Tallahassee, FL SHORT SALE! This beautifully updated 2-story townhome offers the perfect blend of modern l...	2 beds \| 2 baths \| 1,441 sq.ft.	$175,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 6.96% Airbnb Rental Income: $1526 Traditional Rental Income: $1836 Airbnb ROI: 2.44% Traditional ROI: 6.96%
3174 ALLISON MARIE Court Tallahassee, FL Don't miss this 3 bedroom, 3 bathroom townhome tucked away in a quiet, small neighborhood ...	3 beds \| 3 baths \| 1,216 sq.ft.	$185,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.41% Airbnb Rental Income: $1001 Traditional Rental Income: $1509 Airbnb ROI: 0.5% Traditional ROI: 5.41%
1242 Chee Lane #D Tallahassee, FL Move-in ready and well-maintained, this charming 2-bedroom, 2.5-bath townhome offers a spa...	2 beds \| 3 baths \| 1,262 sq.ft.	$189,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 5.17% Airbnb Rental Income: $2053 Traditional Rental Income: $1410 Airbnb ROI: 5.79% Traditional ROI: 5.17%
4009 Colleton Court Tallahassee, FL Super Southwood Location! Just steps away from Restaurants, Shopping, the Gym, and Bus Sto...	2 beds \| 3 baths \| 1,324 sq.ft.	$274,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.25% Airbnb Rental Income: $1526 Traditional Rental Income: $1829 Airbnb ROI: -0.63% Traditional ROI: 2.25%
2429 Merrigan Place Tallahassee, FL RARE END-UNIT TOWNHOME IN KILLEARN ESTATES WITH A BEAUTIFULLY REMODELED KITCHEN! Tucked aw...	2 beds \| 3 baths \| 1,296 sq.ft.	$249,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 4.93% Airbnb Rental Income: $1704 Traditional Rental Income: $1759 Airbnb ROI: 2.68% Traditional ROI: 4.93%
4300 FOUR OAKS Boulevard Tallahassee, FL $1,500 buyer bonus with acceptable contract by September 15. Lovely 3 bed, 2.5 bath townho...	3 beds \| 3 baths \| 1,521 sq.ft.	$299,900	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.49% Airbnb Rental Income: $1491 Traditional Rental Income: $2101 Airbnb ROI: -1.22% Traditional ROI: 2.49%
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: 3.07% Traditional cash on cash: 6.42% Airbnb Rental Income: $1526 Traditional Rental Income: $1703 Airbnb ROI: 3.07% Traditional ROI: 6.42%
5379 Dawn Court Tallahassee, FL Thoughtfully Updated Single-Story Townhouse - NO HOA! Beautifully updated and move-in read...	2 beds \| 1 baths \| 784 sq.ft.	$157,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 5.97% Airbnb Rental Income: $1662 Traditional Rental Income: $1298 Airbnb ROI: 5.29% Traditional ROI: 5.97%
1575-B JACKS Drive #B Tallahassee, FL Move in ready. Recent AC, Water Heater & Roof. Waiting for you personal touches to make it...	2 beds \| 3 baths \| 1,024 sq.ft.	$165,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 7.51% Airbnb Rental Income: $1526 Traditional Rental Income: $1647 Airbnb ROI: 3.92% Traditional ROI: 7.51%
1616 KAY Avenue Tallahassee, FL New Roof (2023)! Move-in ready 2-bedroom, 1.5-bath townhome just minutes from downtown Tal...	2 beds \| 2 baths \| 1,200 sq.ft.	$164,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 7.85% Airbnb Rental Income: $1526 Traditional Rental Income: $1707 Airbnb ROI: 3.88% Traditional ROI: 7.85%
1515 Paul Russell Road #16 Tallahassee, FL Excellent turnkey opportunity for investors or owner-occupants. This fully furnished, upda...	3 beds \| 3 baths \| 1,618 sq.ft.	$169,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 9.3% Airbnb Rental Income: $1491 Traditional Rental Income: $1904 Airbnb ROI: 4.02% Traditional ROI: 9.3%
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: 0.62% Traditional cash on cash: 7.1% Airbnb Rental Income: $1001 Traditional Rental Income: $2085 Airbnb ROI: 0.62% Traditional ROI: 7.1%
2011 Gardenbrook Lane Tallahassee, FL This charming 2-bedroom, 2-bath townhome offers stylish upgrades, low maintenance living, ...	2 beds \| 2 baths \| 960 sq.ft.	$189,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 3.57% Airbnb Rental Income: $1526 Traditional Rental Income: $1195 Airbnb ROI: 2.94% Traditional ROI: 3.57%
3165 Allison Marie Court Tallahassee, FL Owner Occupant? No problem! Live downstairs and rent the two rooms upstairs to your colleg...	3 beds \| 3 baths \| 1,216 sq.ft.	$179,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 6.16% Airbnb Rental Income: $1001 Traditional Rental Income: $1608 Airbnb ROI: 0.51% Traditional ROI: 6.16%
1055 Ocala Road Tallahassee, FL NEW ROOF AND WINDOWS! Perfectly located just minutes from FSU, this spacious two-story tow...	2 beds \| 2 baths \| 928 sq.ft.	$155,000	Airbnb cash on cash: 8.96% Traditional cash on cash: 8.47% Airbnb Rental Income: $2229 Traditional Rental Income: $1596 Airbnb ROI: 8.96% Traditional ROI: 8.47%
120 E 3rd Avenue Tallahassee, FL Stylishly blended MCM townhome in the heart of Midtown! You'll love the impeccably well-ke...	2 beds \| 2 baths \| 1,208 sq.ft.	$199,000	Airbnb cash on cash: 5.31% Traditional cash on cash: 5.96% Airbnb Rental Income: $2082 Traditional Rental Income: $1670 Airbnb ROI: 5.31% Traditional ROI: 5.96%
417 Dartez Court Tallahassee, FL Welcome to the NEW Bluebelle Model by Tallahassee Homes, where thoughtful design, exceptio...	3 beds \| 2 baths \| 1,670 sq.ft.	$399,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 5.09% Airbnb Rental Income: $2625 Traditional Rental Income: $2704 Airbnb ROI: 3.21% Traditional ROI: 5.09%
2365 Merrigan Place Tallahassee, FL HOME SWEET HOME ON THE LAKE! Come See this Fantastic 2 Bedroom/2.5 Bathroom Townhome on be...	2 beds \| 3 baths \| 1,224 sq.ft.	$249,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 6.9% Airbnb Rental Income: $1704 Traditional Rental Income: $2039 Airbnb ROI: 3.47% Traditional ROI: 6.9%
1995 Fannie Drive #0 Tallahassee, FL Two units side by side for sale MLS#394208. Beautiful move-in ready two-story townhome. Th...	3 beds \| 3 baths \| 1,327 sq.ft.	$190,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.92% Airbnb Rental Income: $1001 Traditional Rental Income: $1920 Airbnb ROI: 0.86% Traditional ROI: 7.92%

Your search for investment property begins and ends here

Townhouses for Sale in Tallahassee, FL

2104 Shangri La #5A

Tallahassee, FL

3 beds | 2 baths | 1,478 sq.ft.

$212,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $896

Traditional Rental Income: $1917

Airbnb ROI: 0.36%

Traditional ROI: 7.13%

1264 Ocala Road #B

Tallahassee, FL

4 beds | 3 baths | 1,560 sq.ft.

$199,000

Airbnb cash on cash: 8.02%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $2583

Traditional Rental Income: $1722

Airbnb ROI: 8.02%

Traditional ROI: 6.74%

779 Timberway Court

Tallahassee, FL

3 beds | 3 baths | 1,177 sq.ft.

$179,900

Airbnb cash on cash: 0.84%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $1001

Traditional Rental Income: $1574

Airbnb ROI: 0.84%

Traditional ROI: 6.27%

3421 N Carnation Court

Tallahassee, FL

2 beds | 2 baths | 986 sq.ft.

$195,000

Airbnb cash on cash: 7.92%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $2517

Traditional Rental Income: $1397

Airbnb ROI: 7.92%

Traditional ROI: 5.16%

5613 Hampton Hill Circle

Tallahassee, FL

2 beds | 2 baths | 1,160 sq.ft.

$249,995

Airbnb cash on cash: 4.62%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $2286

Traditional Rental Income: $1563

Airbnb ROI: 4.62%

Traditional ROI: 3.97%

1844 Meriadoc Court

Tallahassee, FL

2 beds | 1 baths | 925 sq.ft.

$125,000

Airbnb cash on cash: 9.88%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $2053

Traditional Rental Income: $1142

Airbnb ROI: 9.88%

Traditional ROI: 6.72%

4248 Oak Run Lane

Tallahassee, FL

3 beds | 2 baths | 1,512 sq.ft.

$399,900

Airbnb cash on cash: 1.01%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $2110

Traditional Rental Income: $2539

Airbnb ROI: 1.01%

Traditional ROI: 3.59%

1949 Nena Hills Drive

Tallahassee, FL

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

$217,000

Airbnb cash on cash: 3.55%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1593

Traditional Rental Income: $1521

Airbnb ROI: 3.55%