Downtown Pensacola Real Estate | Downtown Pensacola Multi-Family Homes for Sale

Fully occupied and already generating income, this exceptional investment opportunity sits on over half an acre and includes 2 duplex buildings for a total of 4 income-producing units. With reliable tenants already in place, this turnkey property offers immediate cash flow in a prime location near local hospitals and the University of West Florida. Built with modern appeal, each unit features a neutral color palette, durable LVP flooring throughout, an open-concept living area, two generously-sized bedrooms with ample closet space, and two full bathrooms. The well-appointed kitchens include all appliances, and each unit comes complete with a stackable washer and dryer, ceiling fans, and two dedicated parking spaces. Residents also enjoy a covered front porch and open back patio that extends the living space outdoors, overlooking a large backyard. Conveniently located near major employers, healthcare facilities, shopping, dining, and the University of West Florida, this low-maintenance property is an outstanding addition to any investment portfolio.

9241 Mabel St, Pensacola

$690,000

3 Baths ⋅ 685359 MLS

*Seller Financing available with $350k down* Located less than one mile from Downtown Pensacola, 608 N 9th Ave offers two fully furnished rental units on one property with established mid-term rental income already in place. Check the documents for proven cap rate info! The front unit is a 2 bedroom, 1 bath cottage with a covered front porch, bright exterior, and a layout that works well for furnished rental use. The back unit is a 2 bedroom, 2 bath residence, with off street parking, giving the property two separate rental options on one downtown-adjacent parcel. Both units are currently leased through the remainder of 2026, giving an investor immediate income without the initial vacancy period, furnishing expense, or setup work typically required when launching a furnished rental. The sale includes furnishings, and the property is currently self-managed with no property management fee built into the current operation. Projected 2026 gross revenue is approximately $66,506 based on seller-provided income history and existing lease agreements. The location supports multiple rental strategies, with quick access to Downtown Pensacola, Pensacola Bay Center, McGuire’s, the Sanctuary Event Venue, Publix, restaurants, festivals, and Pensacola Beach. The two-unit setup gives a buyer flexibility for mid-term rentals, furnished rentals, corporate housing, travel professionals, or a future owner-occupant scenario with personal residence in one unit and rental for the other. Financial information, income history, projected expenses, and lease details are available for review. Buyers should verify all figures, lease terms, taxes, and rental projections during due diligence.

608 9th Ave, Pensacola

$125,000

2 Baths ⋅ 685261 MLS

Duplex Investment Opportunity – Solid Block Construction with New Roof Great opportunity to own a duplex with strong bones and plenty of upside. This concrete block, slab foundation property features two separate 1 bedroom / 1 bathroom units, offering an ideal layout for rental income, house hacking, or an investor looking for a value-add project. Both units need interior updates and repairs, providing the opportunity to customize finishes and increase value. The property has already received a major improvement with a new roof, helping provide peace of mind for the next owner.

3409 Scott St, Pensacola

$290,000

2 Beds ⋅ 2 Baths ⋅ 684843 MLS

Investor Alert! Turn key tenant occupied investment in one of the quickest growing areas of Pensacola just off Nine Mile Road. Convenient to Navy Federal Campus Scenic Hwy Uwf and everything Nine Mile Road has to offer. This brick duplex features two 2 bed 1 and a half bath units with an immaculate rental history and a 2025 roof. These units rent extremely quickly and upkeep is minimal. 303a features a 2023 hvac and tile floors throughout with easy upkeep fully electric with no gas bill to worry about. The unit has a spacious living room that opens to a kitchen with real wood cabinets and laminate counters. 303b is also fully tiled throughout and has a 2023 water heater, nice eat-in kitchen with stove, fridge, and dishwasher included and a back door that leads to an open patio in the unfenced backyard. Spacious bedrooms with nice-sized closets. The primary bedroom also has a private half bathroom attached and a large walk-in closet. The full bathroom is located off the hallway and has tub/shower combo. Inside laundry with washer and dryer hookups available. The property itself sits on a huge .33 acre lot with a private backyard feel.

10040 Guidy Ln Unit #303A&B, Pensacola

$290,000

4 Baths ⋅ 684844 MLS

Investor Alert! Fully Occupied turn key brick duplex just north of Nine mile and the fast growing area of Pensacola. Convenient to Navy Federal, Shopping, Scenic Hills Golf Course, UWF and everything nine mile has to offer. The duplex features 2 Adorable 2 bedroom 1.5 bath units off Guidy Lane with a 2025 roof. 305A has been recently updated No carpet in the entire home- tile floors throughout! 2025 Hvac! Central electric with no gas bill. Large living room with ceiling fan and tiled floors. Nice updated kitchen with newer cabinets, stove, fridge, and dishwasher included and updated countertops and cabinets. Large bedrooms. The primary bedroom has a walk-in closet and half a bathroom that includes the washer and dryer hookups. Full bathroom with a tub/shower combo in the hall. 305B is also fully tiled with a spacious living room and connected kitchen featuring real wood cabinets refrigerator, dishwasher, and stove. Spacious primary bedroom with a connected half bath. Full bathroom off hallway with tub/ shower combo. Washer and dryer hookups in the unit as well. Open patio off the back door leading out of the kitchen to spacious backyard. The duplex even sits on a huge .33 acre lot and the septic system and drain fields were replaced in 2024

10120 Guidy Ln Unit #305 A&B, Pensacola

$424,000

4 Beds ⋅ 4 Baths ⋅ 684825 MLS

Investment opportunity or house hack in a convenient Pensacola location! This well-maintained duplex at 2337 Wyatt Street features two bedrooms and two and a half baths on each side, with the added convenience of a downstairs half bath for guests and everyday living. Both units are in great shape and ready for immediate occupancy, making this an excellent option for investors looking for a turnkey rental property or buyers wanting to live in one side while generating income from the other. Nice backyard complete with shed for storage for each side. Previously rented for $1700 per month per side with tenants responsible for utilities, and the market could support a higher monthly rent. Located just minutes from the University of West Florida, shopping, restaurants, medical facilities, and everyday conveniences, you'll also enjoy easy access to downtown Pensacola and Pensacola Beach. Not many duplexes this clean, this well-maintained, and this rental-ready come on the market in town. Whether you're looking to house hack, generate rental income, or add a solid property to your investment portfolio, this is one worth seeing in person. Schedule your private showing today before it's gone!

2337 Wyatt St, Pensacola

$158,000

684723 MLS

Investor Opportunity – Income-Producing Duplex at 1915 W Gadsden St Don't miss this excellent opportunity to own a duplex with immediate income potential. This property features two units, with one unit currently tenant-occupied providing rental income and one unit owner-occupied, offering flexibility for investors and owner-occupants alike. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while collecting rent from the other, this property offers multiple possibilities. The tenant-occupied unit provides an existing income stream, while the second unit presents an opportunity for owner occupancy or additional rental income. Conveniently located near local amenities, schools, shopping, and major roadways, this property is well-positioned for long-term investment success. With room to add value and increase returns, this duplex is an attractive option for investors seeking cash flow and future appreciation. Property is being sold AS-IS. Seller will make no repairs. Buyers to verify all information deemed important. Schedule your showing today and explore the potential this income-producing duplex has to offer!

1915 Gadsden St, Pensacola

$765,000

684210 MLS

This unique investment property features four income-producing units plus a versatile flex space with a full bathroom that could function as a private office, additional guest suite, or be incorporated as a third bedroom for Unit A. Whether you're an investor seeking multiple income streams or an owner-occupant looking to offset your housing costs, this property offers exceptional flexibility. An added bonus is the existing low-rate FHA assumable mortgage (subject to lender and FHA qualification requirements), presenting a unique opportunity for a buyer to live in one unit while renting the other three and potentially benefit from a significantly below-market interest rate. Just minutes from Downtown Pensacola, Blue Wahoo's Stadium, restaurants, shopping, and the waterfront, the property is surrounded by exciting revitalization, with new construction and luxury developments rising throughout the neighborhood. The location offers the perfect blend of historic charm and long-term growth potential. Unit A is a 2 bed, 1 bath unit with a full kitchen and private screened in porch. Unit B is a 1 bed, 1 bath with kitchenette and private screened in porch. Unit C is a studio apartment with a kitchenette. Unit D is a 2 bed, 1 bath unit with a private balcony, and is the only unit located on the second floor. With multiple income streams, flexible living options, and a prime location in the path of growth, 600 E. Jackson Street is a truly exceptional opportunity for both investors and owner-occupants alike.

600 Jackson St, Pensacola

$1,500,000

1 Beds ⋅ 1 Baths ⋅ 684058 MLS ⋅ Broadmoor BLDG.

This recently renovated 12-unit apartment building is located just west of Downtown Pensacola and offers investors a turnkey asset with strong in-place income and recent capital improvements. Each unit features a spacious 1-bedroom, 1-bathroom layout with approximately 610 sq. ft. of living space. Interior updates include new flooring, refreshed kitchens with updated cabinets and appliances, and renovated bathrooms, offering a clean and modern rental product for residents. Major exterior improvements include a new roof, new porch railings, and updated stairs, enhancing both curb appeal and long-term durability. The property is conveniently located just 4.4 miles from the NAS Pensacola Main Gate, 2.8 miles from Downtown Pensacola, and approximately 25 minutes from Pensacola Beach. Current effective rents average $1,160 per unit, including a $75 monthly utility fee that covers water, sewer, and trash. Electricity and internet are paid directly by residents. With strong in-place income, recent capital improvements, and a convenient location near major employment and lifestyle drivers, this 12-unit asset is a compelling addition to an investor’s portfolio.

216 Broadmoor Ln, Pensacola

$275,000

683871 MLS

Advertising the Future use of this property existing mobile home is in disrepair and the highest and best use is as a quadplex.

198 St John, Pensacola

$1,200,000

683634 MLS

East Hill living and a luxury House-hack opportunity like no other! Four unit conversion in East Hill. Downstairs consists of a 2/1 with large completed updated kitchen and living area. Along with this unit, you have another efficiency 1/1 with an updated tile shower, wet bar, hot plate and convection oven. Upstairs, through a separate entrance, you have two more units. The unit on the backside of the house is a 2/1 with a fully remodeled bath and kitchenette with similar appliances as the downstairs. The second unit has a similar kitchen and fully remodeled bathroom with stand alone tub, tile shower and upgraded vanity. A shared laundry room with separate entrance available on the first floor as well. This home is full of upgrades and would act as the perfect house-hack for someone who wants to live in East Hill but not pay the price for what it commands. Down the road from the old hospital, this property is walking distance to the brewery, pizza shop, gelato, and the adjacent park. Perfect downtown living. Reach out to your realtor!

1306 Gonzalez St, Pensacola

$349,000

4 Beds ⋅ 2 Baths ⋅ 683432 MLS

RARE MULTI-UNIT INVESTMENT OPPORTUNITY ON OVERSIZED LOT Don’t miss this unique opportunity to own a versatile dual-home property situated on a sprawling 0.79-acre lot in the heart of Pensacola. The property features a 4-bedroom, 1-bathroom main residence with a 2-car garage, along with a separate 1-bedroom, 1-bathroom guest house—ideal for longterm rental income, short-term rental/Airbnb, or multi-generational living. Both homes are equipped with durable metal roofs installed in 2020, offering peace of mind for years to come. The layout provides flexibility and potential for strong cash flow, with the ability to live in one unit while renting the other or lease both for maximum income. Conveniently located near Pensacola Christian College and Academy, the property benefits from consistent rental demand. With no HOA restrictions, ample land, and multiple income strategies, this is a rare find for investors and homeowners alike. Schedule your showing today to explore the full potential of this one-of-a-kind property.

20 Saint Johns St, Pensacola

$336,000

6 Beds ⋅ 6 Baths ⋅ 682782 MLS ⋅ Golf Club Condo The BLDG.

Great investment!!! This price is for 3 units at the Golf Club in Pensacola, units E7, A6, and B1. They are two bedroom, two bath units. Two are rented out. One is rented out at $1500 and the other at $1400. The third is in the process of obtaining a lease as well. All leases will be transferred to new owner. Two units are completely renovated and available to see, the third is clean and move in ready but more original.

2303 Michigan, Pensacola

$425,000

682610 MLS

Excellent opportunity to own a well-maintained duplex in Pensacola offering strong income potential and long-term investment value. Whether you are looking to expand your portfolio, house hack by living in one unit while offsetting your mortgage with rental income from the other, or secure a turnkey multi-family property, this duplex offers flexibility and proven performance. Both units are 2 bedrooms with 1 bath & have been thoughtfully updated and carefully maintained. Unit B features commercial-grade luxury vinyl plank flooring, updated cabinetry, fresh paint, new appliances, and a fully renovated bathroom completed in 2023. Unit A includes updated appliances, refreshed cabinetry, and bathroom updates. Exterior improvements include fresh paint and updated lighting fixtures, completed in 2022. Major systems have been consistently maintained, including newer HVAC systems and water heaters. Tenants pay all utilities, helping keep operating expenses low and maximizing investment efficiency. The property has demonstrated strong rental stability with minimal vacancy history and excellent income-producing potential. Conveniently located near NAS Pensacola, shopping, dining, schools, and Gulf Coast beaches, this property offers an attractive combination of cash flow opportunity and lifestyle convenience.

9818 Vonna Jo Dr, Pensacola

$900,000

4 Beds ⋅ 2 Baths ⋅ 681122 MLS

Rarely does a property combine the character of Historic North Hill with the flexibility, privacy, and income potential offered here. Built circa 1919 as a purpose-built fourplex, this property was designed as a multi-family residence rather than a single-family home converted into apartments. The two downstairs units have been combined into an approximately 2,800 square foot owner's residence with 4 bedrooms and 2 bathrooms, while preserving two separate upstairs apartments of approximately 1,500 square feet each. Each upstairs unit offers 2 bedrooms and 1 bathroom. The current configuration offers flexibility and potential to restore the original four-unit layout, subject to buyer verification and approvals. Each residence enjoys a private entrance, separate utility metering, central HVAC, and functional floor plan. Each upstairs apartment includes a flex room overlooking W Strong Street, ideal for a home office. Architectural details include hardwood floors, extensive millwork, abundant built-ins, interior columns, high ceilings, and classic clawfoot tubs. The owner's residence features a covered front porch and partially covered rear patio, while each upstairs apartment enjoys an oversized private balcony. Situated on an unusually deep lot, the property features a New Orleans-inspired courtyard. Surrounded by mature landscaping and greenery, the courtyard provides a peaceful setting for entertaining or outdoor dining. The outdoor space is exceptional today, yet still leaves room for a future owner to explore possibilities such as a pool, garage, or other outdoor enhancements, subject to buyer verification of zoning, historic district requirements, and other applicable regulations. Located minutes from Downtown Pensacola, Pensacola Beach, shopping, dining, and entertainment, this is a rare opportunity to own one of North Hill's most distinctive income-producing properties. Floor plans, lease information, and additional photos available upon request.

208 Strong St Unit #1-4, Pensacola

$529,000

682241 MLS

Income-producing 4-plex located in a highly desirable area off 9 Mile Road near Highway 29! Each unit features 2 bedrooms and 1 bathrooms, offering strong rental appeal and consistent cash flow from day one. All four units are currently occupied with established leases in place: Current gross monthly income is $4,780, providing immediate returns with built-in upside potential. With lease expirations staggered throughout 2026, an investor has the opportunity to gradually increase rents to market rates while maintaining occupancy. Unit offers added flexibility, as it is converting to a month-to-month lease creating a prime opportunity for an owner-occupant to move in using a VA loan or for an investor to quickly adjust rents to market value. This property is ideally positioned less than one mile from the new Costco currently under construction which will bring significant growth, increased traffic, and long-term appreciation potential to the area. Conveniently located near shopping, dining, schools, and major commuting routes. Perfect opportunity for investors looking to expand their portfolio or for owner-occupants seeking to “house hack” and offset their mortgage with rental income. Don’t miss your chance to own a performing asset in one of Pensacola’s fastest-growing corridors! PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description

130 9 Mile Rd Unit #9, Pensacola

$700,000

4 Beds ⋅ 4 Baths ⋅ 681554 MLS

Exceptional new construction investment opportunity featuring two duplexes on one parcel! The duplex at the front of the lot offers two 2-bedroom, 2-bathroom units, each spanning approximately 933 square feet 1,866 total under roof), while the rear duplex features two larger 3-bedroom, 2-bathroom units at approximately 1,128 square feet each (2,256 total under roof). Each unit will include dedicated parking directly in front, complete with striped spaces and parking bumpers. Estimated for completion by the end of August 2026, the property will showcase durable, modern finishes throughout. Interiors will feature quartz countertops in both kitchens and bathrooms, complemented by stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware adds a cohesive, upscale touch across doors, cabinetry, and bath fixtures, while luxury vinyl plank flooring runs seamlessly throughout each unit. Built with longevity in mind, the exterior will feature concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. Ideally located near local schools and just minutes from Mobile Highway, the property provides easy access for commuting, shopping, and dining. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property presents a rare opportunity to secure new construction with built-in cash flow potential.

6321 Denver Ave, Pensacola

$725,000

681066 MLS

PRIME BRICK DUPLEX ON CORNER LOT IN CENTRAL PART OF HIGHLY SOUGHT AFTER EAST HILL. Walkable tree lined quaint streets, friendly , well known neighborhood where people want to live. Invest and Profit--- Terrific and perfect Investment opportunity-live in one side and rent the other to boost your cash flow. Past revenue figures for furnished short term rental grossed an impressive $85,094.33 (2024 Air B & B) Both units updated and in TOP MOVE-IN CONDITION. Each unit is approximately 1703 sq ft with total of 3406 for the building. Both units are 3BR/2.5 BA. Last 4 yrs: new HVAC, Roof, Water heater, kitchen appliances, countertops, flooring. some plumbing fixtures, paint, irrigation system. Each unit has a well appointed kitchen with lots of light pouring in, laundry room and outside storage room/workshop. 2 covered parking spots plus extra open parking area. This prime property located on Lakeview, one of Pensacola's most beautiful streets, EZ walk or bike to Bayview Park with water access, Restaurants like East Hill Wine Bar, The Burrow, Ozone Pizza, Alga Beer, LaMonte Gelato, A Mano Panino, Publix, Wild Lemon Pilates, J's Bakery, A Curious Wine Shop, Cactus Flower, and so many more. Galleries, coffee shops, live music galore. Popular bars where friends gather, hair salons, family friendly parks, schools, churches and the ever popular and upscale downtown Palafox entertainment scene. St Christopher's weekly summer concerts right down the street. White sand beaches are 15 minutes away. Min Walk to schools, restaurants, entertainment spots, bakeries, hair salons, parks, churches, etc. . East Hill is an historic area boasting pride of Pensacola's great story--a beloved neighborhood. This is a sensible buy for being your own landlord in your own home with built in short term or long term income potential.

1119 & 1121 Lakeview Ave, Pensacola

$675,000

680916 MLS

Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in the highly sought-after East Hill neighborhood. The property generates approximately $10,000+ per month in gross rental income, with annual revenue exceeding $120,000. Ideally located just 4 blocks from Publix, 5 minutes to downtown Pensacola, and 15 minutes to the white sands of Pensacola Beach, this meticulously updated property consistently attracts both short-term and extended-stay guests. The property is currently operated as a 4-unit income-producing STR asset or rented as a whole for larger groups. It may also qualify for FHA financing, which allows an owner-occupant buyer to live in one unit while using the remaining units as income-producing rentals. The property features four thoughtfully designed units (A–D) with a versatile mix of layouts: Unit A offers a spacious king bedroom, full kitchen, and private laundry room. Unit B features a king suite with updated bath and a standout outdoor entertaining area complete with fire pit, grill, and dining space. Unit C is a fully renovated second-floor 2BR with dual king suites, smart TVs, and comfortable living space suited for families or groups. Units B & C have shared laundry utilities. Unit D is a stylish studio with a king bed, walk-in rain shower, in-unit laundry, and private deck with outdoor seating and grill. Recent improvements include full roof replacement in 2021, updated plumbing in B/C laundry area and installation of tankless water heater, all completed by a licensed plumber, enhancing efficiency and long-term reliability. The property demonstrates consistent rental performance with established income history and immediate cash flow potential for its new owner. Contact for showings of available units. Financial documents furnished upon request. The property is currently fully furnished, with furnishings available for purchase or negotiation with an acceptable offer.

1601 Cervantes, Pensacola

$599,000

6 Beds ⋅ 4 Baths ⋅ 680033 MLS

Brand new construction duplex located just minutes from downtown Pensacola. This modern yellow townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area.

315 Pace Blvd Unit #A+B, Pensacola

$599,000

6 Beds ⋅ 4 Baths ⋅ 680032 MLS

Brand new construction duplex located just minutes from downtown Pensacola. This modern Red townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area.

309 Pace Blvd Unit #A+B, Pensacola

$599,000

6 Beds ⋅ 4 Baths ⋅ 680031 MLS

Brand new construction duplex located just minutes from downtown Pensacola. This modern blue townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes throughout. One unit is already leased at $1,850/month, offering immediate income, while the second unit provides flexibility for additional rental income or owner occupancy. Built in 2025, this property delivers the benefits of new construction with minimal maintenance and strong long-term rental potential. Conveniently located near downtown, shopping, dining, and major roadways, this is a prime opportunity to own a cash-flowing asset in a growing area. 5 Mins From Downtown Pensacola. No HoA

305 Pace Blvd Unit #A+B, Pensacola

$325,000

677685 MLS

Located in the heart of Pensacola, 4200 W Jackson St. presents a rare opportunity to acquire a commercially zoned, income-producing property with immediate cash flow and future upside. Currently configured as two updated apartments, this property offers strong rental appeal with modernized interiors that attract and retain tenants. Even more compelling, the basement level provides the opportunity to convert into a third unit, creating additional income potential and increased long-term value. The commercial zoning adds flexibility and enhances the investment appeal, making this an excellent option for investors looking to strengthen their portfolio in a growing corridor of Pensacola. With both stabilized income and value-add potential, this property offers versatility that is increasingly hard to find at this price point. For those seeking to expand their footprint, this property can be purchased individually or bundled with 4143 W Gadsden St., an MDR-zoned vacant lot with development potential, or with 4202 W Jackson St., a larger commercial offering that includes a 4-plex and three duplexes. Acquiring multiple parcels together creates a unique opportunity to control a concentrated portfolio with strong income and future development upside. Whether you’re building your portfolio or positioning for long-term growth, 4200 W Jackson St. delivers flexibility, expansion opportunity, and solid investment fundamentals.

4200 Jackson St, Pensacola

$425,000

677377 MLS

Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. Would be a great location for short-term rentals. This property had a 1000sqft addition on built-up slab in 2000, and a major update in 2018, including new roof.

304 Cervantes St, Pensacola

$265,000

671550 MLS

Three One Bedroom rental units just outside Navy Point with quick and easy access to NAS Pensacola! Just two blocks from Navy Point park and boat launch! Property features 2 residential buildings. The first building (1328 SQ ft) is a duplex unit with TWO one bedroom units. Newer roof and recently replaced energy efficient windows as well as a new septic system. The second building (316 Chattman St--498 SqFt) is a cozy 1 bedroom cottage with a screened in patio area. Recently replaced energy efficient windows on this building as well.

315 Valencia St, Pensacola

$219,000

670407 MLS

Take a look at this great investment opportunity! These two homes in the cozy community of Myrtle Grove in Pensacola have nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive choice. Great neighborhood. Both homes have back yards for kids and pets to play. There are two houses on one parcel and they share one water meter. They do have separate electric service, and 907 has gas service for the central HVAC and water heater. 909 has window AC units. 907 N 57th Ave has 3 bedrooms and 2 baths. 909 N 57th Ave has 1 bedroom and 1 bathroom. The roof on 907 was replaced in 2019 for the house and 2018 for the shed. The roof on 909 was replaced in 2016. The lease on 907 is $1,195.00/month and expires on November 30th, 2026. The lease on 909 is $895.00/month and expires on February 28, 2027.

907 57th Ave Unit #907 and 909 N 57th Ave, Pensacola

$499,000

665618 MLS

Property Type: Duplex (Residential Income) Location: Pensacola, FL Units: 2 (Each 3 Beds / 2 Baths) Total Sq Ft: 2,352 (Approx. 1,176 sqft per unit) Year Built: 2025 Parking: 8–10 off-street spaces Appraised Value: $635,000 (Official appraisal dated 07/18/2025) Status: One Unit Vacant / One Unit Tenant-Occupied New Construction Duplex – One Unit Vacant Newly constructed duplex built in 2025. One unit is currently vacant and move-in ready, while the second unit is tenant-occupied with an active lease, providing rental income at closing. Each mirrored unit includes three bedrooms and two full bathrooms with open-concept layouts and modern finishes. Interior features include quartz countertops, stainless steel appliances, luxury vinyl plank flooring, washer/dryer hookups, and a primary suite with walk-in closet and dual vanity. The property allows for owner occupancy in the vacant unit while maintaining rental income from the occupied unit, or continued use as a full investment property. Situated on a corner lot with approximately 8–10 off-street parking spaces. Energy-efficient features include a heat pump HVAC system, insulated walls, and a tankless water heater. The existing lease transfers with the property. At lease end, the landlord may renew or terminate with proper notice. An official appraisal dated 07/18/2025 indicates a valuation of $635,000. Convenient Pensacola location with access to downtown, schools, shopping, and major transportation routes. Tenant-occupied unit—do not disturb.

2805 V St, Pensacola

$995,000

1 Beds ⋅ 1 Baths ⋅ 663810 MLS

Investor’s Dream on Bayou Grande! Don’t miss this rare opportunity to own a waterfront quad-plex featuring four 1-bed/1-bath units Perfectly positioned for long-term or short-term rental income, this well-maintained property offers direct water access, a tranquil setting, and strong rental potential. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this is a must-see!

122 Celeste Pl, Pensacola

$409,000

3 Baths ⋅ 662857 MLS

Great investment opportunity. All are HUD Section 8 eligible (607 reinspected by HUD in July 2025).Three tenant occupied townhomes. Each unit consists of 2 bedrooms, three baths (two half baths & one full bath) and 1100 square feet, covered rear balcony. New A/C for 611 in June 2023. Unit 609 repainted with new flooring installed. Seller has roofer ready to install new roof on entire building with acceptable offer.

607, 609, 611 63rd Ave, Pensacola

$315,000

658709 MLS

Residential and Commercial Tri-plex located in the Downtown Pensacola Historical District. This unique property consists of 1 residential duplex and another separate structure with 860 square feet that can be used for commercial office converted into another residential unit as well.

127 Belmont, Pensacola

$130,000

656963 MLS

CALLING ALL MULTI_FAMILY INVESTORS! This duplex is conveniently located to all Pensacola has to offer. Each unit of this charming duplex offers 2 beds and 1 bath with a generous 702 square feet of living space, ensuring ample comfort for tenants. The property already has occupants in place eliminating the need for you to invest time and energy in a tenant search. Let's add this amazing buy and hold to your portfolio!

3804 Ward Blvd, Pensacola

$795,000

643152 MLS

Updated duplex and converted garage in Historic North Hill area on the corner of N Palafox and W De Soto! This complex is close enough to enjoy shopping, dining, and entertainment in downtown Pensacola. Each unit is finished with modern appliances, luxury vinyl plank flooring throughout, and white quartz countertops. Property makes for a Great Buy and hold investment bring in a steady income, or for any Savy buyers looking to live in one unit and have renters help with the mortgage. Main building is a duplex with two 3 bed/2 bath units at 1452 sqft each and the third unit is a detached converted 1 bed/1bath unit at approx. 600 sqft.

4 Desoto St, Pensacola

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