| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Best |
| Demographics | 62nd | Good |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1707 W Call St, Tallahassee, FL, 32304, US |
| Region / Metro | Tallahassee |
| Year of Construction | 1991 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1707 W Call St Tallahassee Multifamily Investment
Neighborhood data points to sustained renter demand supported by dense amenities and a high renter-occupied housing share, according to WDSuite’s CRE market data. Investors should underwrite for occupancy management while leveraging location fundamentals to drive leasing stability.
The property sits in an Inner Suburb of Tallahassee that is competitive among Tallahassee neighborhoods (ranked 14 of 143, A-rated), with daily needs and dining options clustered nearby. Café and grocery density rank near the top of the metro (each within the top 2 of 143), and restaurants are also plentiful (top 7 of 143), a mix that typically supports renter convenience and retention.
Construction year for the asset is 1991, newer than the neighborhood’s average vintage of 1985. That positioning can be advantageous against older stock while still warranting targeted capital planning for aging systems or light renovations to maintain competitive standing.
Renter concentration is notably high at the neighborhood level (renter-occupied share among the top percentiles metro-wide), signaling a deep tenant base for multifamily. At the same time, neighborhood occupancy trends trail the metro median (ranked 104 of 143), so proactive leasing, renewals, and marketing are important to sustain performance through seasonal swings.
Within a 3-mile radius, demographics skew toward adults aged 18–34 and show recent increases in population and households, with forecasts indicating further growth over the next five years. This points to a larger tenant base and ongoing renter pool expansion that can support absorption. Median asking rents in the area align near mid-market levels, while rent-to-income ratios suggest some affordability pressure, implying a need for disciplined rent setting and renewal strategies rather than outsized increases.
Relative to neighborhoods nationwide, this area performs below national safety benchmarks, and within the Tallahassee metro its crime rank sits in the lower half (82 of 143 neighborhoods). In national terms, property and violent offense percentiles are on the lower side, so investors commonly emphasize lighting, access control, and partnership with experienced management to support resident comfort and retention.
Recent year-over-year trends indicate increases in both property and violent offense measures. While these are neighborhood-level dynamics and not property-specific, underwriting should account for enhanced on-site measures and community engagement, and compare performance to peer assets across the submarket for a balanced view.
1707 W Call St offers exposure to a renter-heavy Tallahassee neighborhood with strong amenity access and a demographic profile that supports multifamily demand. The 1991 vintage is competitive versus the area’s older average, creating room for targeted value-add or system modernization to sharpen positioning. Based on CRE market data from WDSuite, neighborhood occupancy runs below the metro median, which places a premium on hands-on leasing and renewal execution; however, the deep renter base and nearby conveniences can underpin stable absorption.
Within a 3-mile radius, recent population and household growth—and forecasts for further expansion—point to a larger tenant base in coming years. Rent levels are near mid-market locally while rent-to-income ratios indicate affordability pressure, suggesting investors should prioritize resident retention and pragmatic rent strategies to balance pricing power with lease stability.
- Renter-heavy neighborhood supports demand depth and leasing velocity
- 1991 vintage offers value-add and modernization pathways versus older nearby stock
- Dense dining and grocery options enhance livability and retention
- Demographic growth within 3 miles expands the tenant pool over the medium term
- Risk: Neighborhood occupancy below metro median and affordability pressure require disciplined leasing and renewal management