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2243 S Meridian St #1 & 2, Tallahassee, FL, 32301

4beds
4baths
2,030sqft
$375,000
$185price/sqft
$2,648/moest. monthly cost
$105,920/yrincome needed

About This Home

Low-maintenance, income-producing duplex conveniently located near downtown, the universities, and state offices. The property features a 2024 metal roof with a 40-year lifespan, providing long-term durability and peace of mind. Both Units have been recently renovated, including newer appliances, newer washer and dryer, quality LifeProof luxury vinyl plank flooring in both units, and resurfaced shower stalls. Both units are leased for $1300 offering immediate rental income for investors. As is condition.

Getting Around

58
WalkingSomewhat Walkable
33
TransitSome Transit
60
BikeBikeable

Schools

5/10
Bond Elementary SchoolGrades PK-51.0 mi
6/10
2/10

Construction

Condition

  • Year built: 2008

Materials

  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: One Story
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,030
  • Total interior livable area: 2,030 sqft

Property

Details

  • Parcel number: 12073310745 B0010

Features

  • Stories: 1
  • Patio & porch: Patio

Parking

  • Parking features: Unassigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hurricane
Strong Wind

FEMA Declared Disasters in Leon County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$308$3,696
Property Taxes $240$2,880
Electricity $204$2,451
Total$2,648$31,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,788/yr
40% on housing$79,440/yr
45% on housing$70,613/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 32301$126
Leon County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 32301$183
Leon County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-20Listed for sale$375,000
2025-07-08Listing removed$1,250
2025-07-01Listed for rent$1,250
2025-05-23Sold$290,000
2024-09-30Listing removed$300,000
2024-08-10Listed for sale$300,000
2024-07-31Listing removed--
2024-03-19Listed for sale$300,000
2024-02-22Contingent$300,000
2024-02-06Listed for sale$300,000
2023-12-15Sold$175,000
2023-09-08Listing removed--
2023-07-21Listed for sale$575,000

For Sale by Agent

AgentKarina Robinson
BrokerageKeller Williams Town & Country

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