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 $3,345 with ONE VACANT FOR IMMEDIATE MOVE IN, 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! Roof age 2021 Verify other 4point ages during inspections. PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description
For sale
$529,000
130 E Nine Mile Rd #5, Pensacola, FL 32534
--beds
--baths
3,700sqft
Quadruplex
Built in 1984
-- sqft lot
$493,900 Zestimate®
$143/sqft
$-- HOA
What's special
- 67 days
- 156
- 16
Zillow last checked:
Listing updated:
Listed by:
Joshua Servo 503-989-6885,
LPT Realty
Source: PAR,MLS#: 686976
Facts & features
Interior
Heating
- Central
Cooling
- Ceiling Fan(s)
Features
- Has basement: No
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Lot
- Features: Interior Lot
Details
- Parcel number: 081s301003010031
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Shingle
Condition
- Year built: 1984
Utilities & green energy
- Electric: Copper Wiring
Community & HOA
Community
- Subdivision: None
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $143/sqft
- Price range: $529K - $529K
- Date on market: 8/4/2026
- Cumulative days on market: 68 days
- Lease term: 7 to 12 Months,12 Months
Estimated market value
$493,900
$469,000 - $519,000
$1,707/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $529,000$143/sqft |
Source: | ||
| 5/27/2026 | Listing removed | $1,095 |
Source: Zillow Rentals Report a problem | ||
| 5/12/2026 | Listed for rent | $1,095 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32534
Nearby schools
Schools provided by the listing agent
- Elementary: Mcarthur
- Middle: FERRY PASS
- High: Tate
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







