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 139 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
1016 Kingdom Drive Tallahassee, FL Easy living in this Piney Z Townhome! This charming three bedroom, two bathroom home is mo...	3 beds \| 2 baths \| 1,479 sq.ft.	$319,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 4.24% Airbnb Rental Income: $3768 Traditional Rental Income: $1946 Airbnb ROI: 7.59% Traditional ROI: 4.24%
3125 MULBERRY PARK BLVD Tallahassee, FL MOVE IN READY! Very Nice 3 Bedroom Southwood Townhome ~ All New Paint inside and Out ~ End...	3 beds \| 3 baths \| 1,483 sq.ft.	$310,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 3.4% Airbnb Rental Income: $3017 Traditional Rental Income: $2163 Airbnb ROI: 3.96% Traditional ROI: 3.4%
2386 Ian Drive Tallahassee, FL Welcome to this well-maintained 3-bedroom, 2-bathroom townhome that combines comfort and c...	3 beds \| 2 baths \| 1,222 sq.ft.	$195,000	Airbnb cash on cash: 8.12% Traditional cash on cash: 6.72% Airbnb Rental Income: $2549 Traditional Rental Income: $1675 Airbnb ROI: 8.12% Traditional ROI: 6.72%
2399 Merrigan Place Tallahassee, FL This stunning 2-bedroom, 2.5 bathroom townhome offers a unique blend of comfort, convenien...	2 beds \| 3 baths \| 1,296 sq.ft.	$229,900	Airbnb cash on cash: 8.02% Traditional cash on cash: 6.82% Airbnb Rental Income: $2890 Traditional Rental Income: $1958 Airbnb ROI: 8.02% Traditional ROI: 6.82%
1695 Kay Avenue Tallahassee, FL Cute and cozy townhouse in a central location. Easy to show. Roof replcaed in 2022.	2 beds \| 2 baths \| 976 sq.ft.	$171,000	Airbnb cash on cash: 8.77% Traditional cash on cash: 4.97% Airbnb Rental Income: $2420 Traditional Rental Income: $1209 Airbnb ROI: 8.77% Traditional ROI: 4.97%
1077 Copper Creek Court Tallahassee, FL Adorable 2 Bedroom / 2 Bath / 1993 Town Home in the quaint Copper Creek subdivision just m...	2 beds \| 2 baths \| 1,008 sq.ft.	$213,900	Airbnb cash on cash: 6.92% Traditional cash on cash: 4.91% Airbnb Rental Income: $2420 Traditional Rental Income: $1420 Airbnb ROI: 6.92% Traditional ROI: 4.91%
4194 Four Oaks Boulevard Tallahassee, FL Located in the vibrant Southwood Community, this home offers access to incredible amenitie...	3 beds \| 3 baths \| 1,521 sq.ft.	$320,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 3.46% Airbnb Rental Income: $3017 Traditional Rental Income: $2172 Airbnb ROI: 3.97% Traditional ROI: 3.46%
2314 Continental Avenue #- Tallahassee, FL Great location, near FSU campus, bus station, shopping and restaurants!!! One bedroom and ...	1 beds \| 1 baths \| 640 sq.ft.	$130,000	Airbnb cash on cash: 8.47% Traditional cash on cash: 8.02% Airbnb Rental Income: $1876 Traditional Rental Income: $1318 Airbnb ROI: 8.47% Traditional ROI: 8.02%
1216 HIDDEN Place Tallahassee, FL MOTIVATED SELLER!!!!! LEASE TO OWN OPTION AVAILABLE! Fully Remodeled & Fully Furnished 2...	2 beds \| 2 baths \| 1,188 sq.ft.	$200,000	Airbnb cash on cash: 5.15% Traditional cash on cash: 5.64% Airbnb Rental Income: $1939 Traditional Rental Income: $1521 Airbnb ROI: 5.15% Traditional ROI: 5.64%
1242 Continental Court Tallahassee, FL Priced at recent FHA appraisal. Charming one-bed, one-bath townhome with extra lot located...	1 beds \| 1 baths \| 640 sq.ft.	$133,000	Airbnb cash on cash: 8.12% Traditional cash on cash: 5.88% Airbnb Rental Income: $1876 Traditional Rental Income: $1088 Airbnb ROI: 8.12% Traditional ROI: 5.88%
1520 Pullen Road #16 Tallahassee, FL Welcome to this beautifully renovated 2-bedroom, 1.5-bath townhouse, where modern style me...	2 beds \| 3 baths \| 1,240 sq.ft.	$145,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 9.61% Airbnb Rental Income: $1730 Traditional Rental Income: $1730 Airbnb ROI: 6.18% Traditional ROI: 9.61%
2715 Blair Stone Lane Tallahassee, FL Drastically reduced. Welcome to Washington Square Townhomes. A premier location with "OR -...	2 beds \| 3 baths \| 1,280 sq.ft.	$179,900	Airbnb cash on cash: 7.91% Traditional cash on cash: 7.78% Airbnb Rental Income: $2420 Traditional Rental Income: $1806 Airbnb ROI: 7.91% Traditional ROI: 7.78%
315 E Whetherbine Way Tallahassee, FL Seller is motivated! Attention first time homebuyers or investors! Desirable location! Thi...	2 beds \| 2 baths \| 1,008 sq.ft.	$195,000	Airbnb cash on cash: 8.37% Traditional cash on cash: 5% Airbnb Rental Income: $2629 Traditional Rental Income: $1377 Airbnb ROI: 8.37% Traditional ROI: 5%
2325 Via Sardinia Street #B Tallahassee, FL Well-maintained town home in a quiet neighborhood. Two-bedrooms, two-baths, fenced yard, d...	2 beds \| 2 baths \| 1,008 sq.ft.	$170,000	Airbnb cash on cash: 5.72% Traditional cash on cash: 4.67% Airbnb Rental Income: $1939 Traditional Rental Income: $1258 Airbnb ROI: 5.72% Traditional ROI: 4.67%
486 Teal Lane Tallahassee, FL Welcome to Brookfield Townhouses, a quiet community in Mid-town within walking distance to...	3 beds \| 3 baths \| 1,734 sq.ft.	$285,000	Airbnb cash on cash: 8.76% Traditional cash on cash: 6.1% Airbnb Rental Income: $3768 Traditional Rental Income: $2235 Airbnb ROI: 8.76% Traditional ROI: 6.1%
1685 Kay Avenue Tallahassee, FL Completely renovated from floor to ceiling with tasteful design, this home features a bran...	2 beds \| 2 baths \| 1,122 sq.ft.	$175,000	Airbnb cash on cash: 8.53% Traditional cash on cash: 6.6% Airbnb Rental Income: $2420 Traditional Rental Income: $1507 Airbnb ROI: 8.53% Traditional ROI: 6.6%
2721 Blair Stone Lane Tallahassee, FL This wonderful townhouse is in the most convenient location to state offices, shopping, re...	2 beds \| 2 baths \| 1,280 sq.ft.	$174,999	Airbnb cash on cash: 7.79% Traditional cash on cash: 6.3% Airbnb Rental Income: $2420 Traditional Rental Income: $1581 Airbnb ROI: 7.79% Traditional ROI: 6.3%
3207 E Shamrock Street #34 Tallahassee, FL Back on market. NEW ROOF installed, NEW WINDOWS being installed. New carpets upstairs and ...	3 beds \| 3 baths \| 2,068 sq.ft.	$280,000	Airbnb cash on cash: 7.55% Traditional cash on cash: 6.82% Airbnb Rental Income: $3458 Traditional Rental Income: $2500 Airbnb ROI: 7.55% Traditional ROI: 6.82%
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.	$240,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 4.46% Airbnb Rental Income: $2420 Traditional Rental Income: $1748 Airbnb ROI: 4.81% Traditional ROI: 4.46%
2390 Quazar Circle Tallahassee, FL Wow! New floors throughout, New paint throughout, New hardware, New shower heads, New door...	3 beds \| 2 baths \| 1,173 sq.ft.	$225,000	Airbnb cash on cash: 8.43% Traditional cash on cash: 4.86% Airbnb Rental Income: $3017 Traditional Rental Income: $1565 Airbnb ROI: 8.43% Traditional ROI: 4.86%
1956 Carp Lane Tallahassee, FL Cozy, end-unit townhome located in Herring Place Subdivision! The desirable location and c...	2 beds \| 2 baths \| 990 sq.ft.	$165,000	Airbnb cash on cash: 6.19% Traditional cash on cash: 6.07% Airbnb Rental Income: $1939 Traditional Rental Income: $1408 Airbnb ROI: 6.19% Traditional ROI: 6.07%
1311 Airport Drive #C01 Tallahassee, FL Brand new 2024 roof & windows! Welcome to the most well-appointed end-unit in sought-after...	1 beds \| 1 baths \| 778 sq.ft.	$158,400	Airbnb cash on cash: 5.3% Traditional cash on cash: 5.16% Airbnb Rental Income: $1918 Traditional Rental Income: $1388 Airbnb ROI: 5.3% Traditional ROI: 5.16%
2318 Merrigan Place Tallahassee, FL Check out this perfect townhouse in the highly desirable Killearn Estates with a spacious ...	2 beds \| 2 baths \| 1,120 sq.ft.	$215,000	Airbnb cash on cash: 9.07% Traditional cash on cash: 5.53% Airbnb Rental Income: $2890 Traditional Rental Income: $1499 Airbnb ROI: 9.07% Traditional ROI: 5.53%
228 W Whetherbine Way #B Tallahassee, FL Welcome to your beautifully renovated Northeast gem! Featuring a brand-new roof and siding...	2 beds \| 2 baths \| 1,008 sq.ft.	$199,950	Airbnb cash on cash: 8.13% Traditional cash on cash: 5.11% Airbnb Rental Income: $2629 Traditional Rental Income: $1429 Airbnb ROI: 8.13% Traditional ROI: 5.11%
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: 9.47% Traditional cash on cash: 11.53% Airbnb Rental Income: $2326 Traditional Rental Income: $2050 Airbnb ROI: 9.47% Traditional ROI: 11.53%
2313 Green Timbers Trail #C Tallahassee, FL NEW ROOF AND HOT WATER HEATER! This wonderful 2 bedroom 1.5 bathroom town is home is exact...	2 beds \| 2 baths \| 987 sq.ft.	$140,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 5.89% Airbnb Rental Income: $1939 Traditional Rental Income: $1366 Airbnb ROI: 6.34% Traditional ROI: 5.89%
2373 Gregory Drive Tallahassee, FL Charming townhouse nestled in a quiet cul-de-sac and conveniently located near I-10/North ...	2 beds \| 2 baths \| 1,344 sq.ft.	$165,000	Airbnb cash on cash: 5.49% Traditional cash on cash: 8.06% Airbnb Rental Income: $1730 Traditional Rental Income: $1657 Airbnb ROI: 5.49% Traditional ROI: 8.06%
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.	$170,900	Airbnb cash on cash: 5.89% Traditional cash on cash: 6.84% Airbnb Rental Income: $1939 Traditional Rental Income: $1583 Airbnb ROI: 5.89% Traditional ROI: 6.84%
2035 Canewood Court Tallahassee, FL Spacious 2 bedroom 2 bathroom with large eat-in kitchen! Townhome on NW side of town locat...	2 beds \| 2 baths \| 1,092 sq.ft.	$179,900	Airbnb cash on cash: 5.32% Traditional cash on cash: 6.52% Airbnb Rental Income: $1730 Traditional Rental Income: $1457 Airbnb ROI: 5.32% Traditional ROI: 6.52%
4390 Benchmark Trace Tallahassee, FL Welcome to the charming Buckwood community, where a unique opportunity awaits you. This we...	2 beds \| 3 baths \| 1,290 sq.ft.	$225,000	Airbnb cash on cash: 6.7% Traditional cash on cash: 5.9% Airbnb Rental Income: $2629 Traditional Rental Income: $1832 Airbnb ROI: 6.7% Traditional ROI: 5.9%
1057 Landings Loop Tallahassee, FL Vacant, move in ready townhouse in the desirable Piney Z Neighborhood. This home has 3 be...	3 beds \| 2 baths \| 1,374 sq.ft.	$319,000	Airbnb cash on cash: 7.3% Traditional cash on cash: 4.15% Airbnb Rental Income: $3768 Traditional Rental Income: $2005 Airbnb ROI: 7.3% Traditional ROI: 4.15%
1573 JACKS Drive #B Tallahassee, FL Motivated seller has reduced the price to an unreasonably low level over realtorâs objec...	2 beds \| 3 baths \| 1,024 sq.ft.	$177,000	Airbnb cash on cash: 8.48% Traditional cash on cash: 8.81% Airbnb Rental Income: $2420 Traditional Rental Income: $1884 Airbnb ROI: 8.48% Traditional ROI: 8.81%
2134 Delta Boulevard Tallahassee, FL Beautiful move-in-ready townhome with garage close to Midtown! This home is perfect for an...	3 beds \| 2 baths \| 1,502 sq.ft.	$214,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 6.14% Airbnb Rental Income: $2789 Traditional Rental Income: $1923 Airbnb ROI: 7.18% Traditional ROI: 6.14%
1828 Jackson Bluff Road #D Tallahassee, FL Walk to FSUâs Doak Campbell Stadium and main campus from this freshly renovated townhous...	2 beds \| 2 baths \| 992 sq.ft.	$164,500	Airbnb cash on cash: 6.08% Traditional cash on cash: 6.86% Airbnb Rental Income: $2001 Traditional Rental Income: $1600 Airbnb ROI: 6.08% Traditional ROI: 6.86%
1461 Nena Hills Court Tallahassee, FL Wait! - Welcome to a spacious 3 Bed/3 Bath 2-Story Townhome in Wolf Creek. This well-maint...	3 beds \| 3 baths \| 1,178 sq.ft.	$194,900	Airbnb cash on cash: 7.46% Traditional cash on cash: 6.95% Airbnb Rental Income: $2473 Traditional Rental Income: $1778 Airbnb ROI: 7.46% Traditional ROI: 6.95%
3189 Sawtooth Drive Tallahassee, FL 3 BR and 3 BA townhouse in a great community of Woodbriar. New roof as of 10/2024, New shu...	3 beds \| 3 baths \| 1,338 sq.ft.	$177,000	Airbnb cash on cash: 8.58% Traditional cash on cash: 9.23% Airbnb Rental Income: $2570 Traditional Rental Income: $2062 Airbnb ROI: 8.58% Traditional ROI: 9.23%
3608 Cagney Drive Tallahassee, FL Welcome to this impeccably maintained 3-bedroom townhouse, where charm meets modern conven...	3 beds \| 2 baths \| 1,455 sq.ft.	$249,500	Airbnb cash on cash: 9.36% Traditional cash on cash: 5.68% Airbnb Rental Income: $3458 Traditional Rental Income: $1827 Airbnb ROI: 9.36% Traditional ROI: 5.68%
2029 Hanover Court Tallahassee, FL Pleasant cottage townhome with a popular 2/2 floor plan located in convenient commute to I...	2 beds \| 2 baths \| 1,008 sq.ft.	$183,500	Airbnb cash on cash: 5.28% Traditional cash on cash: 7.48% Airbnb Rental Income: $1730 Traditional Rental Income: $1636 Airbnb ROI: 5.28% Traditional ROI: 7.48%
2208 Delta Lane Tallahassee, FL Taken off the market for a complete REFRESH! Fresh paint, handrail, mirrors, light fixture...	3 beds \| 3 baths \| 1,705 sq.ft.	$289,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 4.9% Airbnb Rental Income: $2789 Traditional Rental Income: $1996 Airbnb ROI: 5.41% Traditional ROI: 4.9%
2887 Royal Palm Way Tallahassee, FL Full home inspection available --- BRING AN OFFER! Live in low-maintenance luxury so close...	3 beds \| 2 baths \| 1,400 sq.ft.	$229,900	Airbnb cash on cash: 9.97% Traditional cash on cash: 6.66% Airbnb Rental Income: $3458 Traditional Rental Income: $1972 Airbnb ROI: 9.97% Traditional ROI: 6.66%

Your search for investment property begins and ends here

Townhouses for Sale in Tallahassee, FL

1016 Kingdom Drive

Tallahassee, FL

3 beds | 2 baths | 1,479 sq.ft.

$319,000

Airbnb cash on cash: 7.59%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $3768

Traditional Rental Income: $1946

Airbnb ROI: 7.59%

Traditional ROI: 4.24%

3125 MULBERRY PARK BLVD

Tallahassee, FL

3 beds | 3 baths | 1,483 sq.ft.

$310,000

Airbnb cash on cash: 3.96%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $3017

Traditional Rental Income: $2163

Airbnb ROI: 3.96%

Traditional ROI: 3.4%

2386 Ian Drive

Tallahassee, FL

3 beds | 2 baths | 1,222 sq.ft.

$195,000

Airbnb cash on cash: 8.12%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $2549

Traditional Rental Income: $1675

Airbnb ROI: 8.12%

Traditional ROI: 6.72%

2399 Merrigan Place

Tallahassee, FL

2 beds | 3 baths | 1,296 sq.ft.

$229,900

Airbnb cash on cash: 8.02%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $2890

Traditional Rental Income: $1958

Airbnb ROI: 8.02%

Traditional ROI: 6.82%

1695 Kay Avenue

Tallahassee, FL

2 beds | 2 baths | 976 sq.ft.

$171,000

Airbnb cash on cash: 8.77%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $2420

Traditional Rental Income: $1209

Airbnb ROI: 8.77%

Traditional ROI: 4.97%

1077 Copper Creek Court

Tallahassee, FL

2 beds | 2 baths | 1,008 sq.ft.

$213,900

Airbnb cash on cash: 6.92%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2420

Traditional Rental Income: $1420

Airbnb ROI: 6.92%

Traditional ROI: 4.91%

4194 Four Oaks Boulevard

Tallahassee, FL

3 beds | 3 baths | 1,521 sq.ft.

$320,000

Airbnb cash on cash: 3.97%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $3017

Traditional Rental Income: $2172

Airbnb ROI: 3.97%

Traditional ROI: 3.46%

2314 Continental Avenue #-

Tallahassee, FL

1 beds | 1 baths | 640 sq.ft.

$130,000

Airbnb cash on cash: 8.47%

Traditional cash on cash: 8.02%

Airbnb Rental Income: $1876

Traditional Rental Income: $1318

Airbnb ROI: 8.47%