1516 Tuttle St

โ€”
Baths
2,730 Sq. Ft.
$156 / Sq. Ft.
2,730
Sq. Ft.
$156
per Sq. Ft.

Description

Exceptional Investment Opportunity in Downtown Inverness! This income-producing triplex features three 2-bedroom, 1-bath units , all currently occupied , providing immediate rental income from day one. Ideally located in the heart of downtown Inverness, tenants enjoy convenient access to shopping, dining, parks, medical facilities, and local events. Strong rental history and excellent income potential make this property a valuable addition to any investment portfolio. Don't miss this opportunity...Exceptional Investment Opportunity in Downtown Inverness! This income-producing triplex features three 2-bedroom, 1-bath units , all currently occupied , providing immediate rental income from day one. Ideally located in the heart of downtown Inverness, tenants enjoy convenient access to shopping, dining, parks, medical facilities, and local events. Strong rental history and excellent income potential make this property a valuable addition to any investment portfolio. Don't miss this opportunity to own a fully occupied multi-family property in one of downtown Inverness's most desirable locations.
  1. Listed by Julie Searles โ€ข Brokerage DRE #1026746 โ€ข Great American Rlty & Inv.
    P: (850)-530-5286 C: (850)-530-5286 jsearles@choosegar.com

Property Details for 1516 Tuttle Street

Architectural Style
One Story, Triplex
Subdivision Name
Inverness Heights
Has Waterfront
No
Zoning
LMD
LISTING UPDATED: 06/25/2026 12:50 PM

Property Details for 1516 Tuttle Street

StatusActive
MLS #855621
Days on Market2
Taxes$5,397 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1982
Lot Size0.31 AC / 13,503 SF
CountyCitrus County

Location

Listing Courtesy of Great American Rlty & Inv., Julie Searles
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Building Information for 1516 Tuttle Street

Stories1Residences3Year Built1982Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$2,568 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,118

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1516 Tuttle Street

Summary
Location and General Information
  • Directions: heading west on HWY 44 turn Left on South Blvd then Right on Tuttle St. Property located on right side
  • Latitude: 28.834443
  • Longitude: -82.350002
  • MLS Area Major: 07
  • Has Senior Community: No
Taxes and HOA
  • Has Association: No
  • Parcel Number: 1761085
  • Tax Annual Amount: $5,397.34
  • Tax Year: 2025
Parking
  • Parking Features: Paved
Property
Lot Information
  • Lot Features: Rectangular
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Source: Public Records
  • Building Area Total: 3010.0
  • Documents Available: Disclosures, Sellers Property Disclosure
  • Living Area: 2730.0
  • Living Area Source: Public Records
  • New Construction: No
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Property Type: Residential Income
  • Universal Property Id: US-12017-N-1761085-R-N
  • Year Built: 1982
Building Features
  • Construction Materials: Stucco
  • Foundation Details: Block
  • Levels: One
  • Structure Type: Triplex
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Has Heating: Yes
Exterior Features
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Stories: 1
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Rental
Rent Information
  • Has Lease Considered: No

Property History for 1516 Tuttle Street

DateEvent & SourcePriceAppreciation
Jun 24, 2026

Listed (Active)

REALTORS Association of Citrus County #855621

$425,000โ€”
Apr 26, 2024

Sold (Public Record)

Public Record #1531589848

$367,000โ€”
Apr 26, 2024

Sold

REALTORS Association of Citrus County #832072

$367,000โ€”
DateEvent & SourcePrice
06/24/2026

Listed (Active)

REALTORS Association of Citrus County #855621

$425,000
04/26/2024

Sold (Public Record)

Public Record #1531589848

$367,000
04/26/2024

Sold

REALTORS Association of Citrus County #832072

$367,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1516 Tuttle Street

Taxable ValueLand$42,000Additions$205,450Total$247,450
Tax Record2025$5,397 ($450 / month)
Home Facts
Baths3Total Finished SqFt2,730 SqFtAbove Grade Finished SqFt2,730 SqFtStories1Lot Size13,300 SqFtStyleTriplexYear Built1982Year Renovated1994ZoningLMD LOW MEDIUCountyCITRUSAPN20E-19S-18-0070-000D0-003.0

Schools near 1516 Tuttle Street

This home is within Citrus.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Pleasant Grove Elementary School
PublicPK to 5

Inverness Middle School
Public6 to 8

Citrus High School
Public9 to 12

Withlacoochee Technical Institute
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1516 Tuttle Street is a multi-family home for sale in Inverness, FL 34452. This property was listed for sale on June 24, 2026 by Great American Rlty & Inv., it's currently listed at $425,000. It has been on the market for a total of 2 days and was last sold on April 26, 2024. This listing's school district is Citrus. Nearby schools include Pleasant Grove Elementary School, Inverness Middle School and Citrus High School. 1516 Tuttle Street is a 0-bed, 0-bath, 2,730 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Great American Rlty & Inv., Julie Searles

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