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Sold for $510,000
  • $510,000

    130 E Nine Mile Rd APT 7, Pensacola, FL 32534

    --beds
    --baths
    3,700sqft
    Quadruplex
    Built in 1984
    -- sqft lot
    $510,300 Zestimate®
    $138/sqft
    $1,275 Estimated rent

    Home value

    $510,300

    $485,000 - $541,000

    $1,275/mo

    Zestimate® history
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    What's special

    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: • Unit 25: $1,050/month (Lease through 07/31/2026) • Unit 26: $1,050/month (Lease through 10/31/2026) • Unit 27: $1,195/month (Lease through 05/31/2026) • Unit 28:$1,245/month (transitioning to month-to-month) Current gross monthly income is $4,540, 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 28 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 Potential for sale of 16 units (4 quadplex's)

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Servo 503-989-6885,

    LPT Realty

    Bought with:

    Joshua Servo

    LPT Realty

    Source: PAR,MLS#: 680831MLS Logo

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 3,700
    • Total interior livable area: 3,700 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Partial
    Lot
    • Features: Cul-De-Sac
    Details
    • Parcel number: 081s301003028031

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Electric: Copper Wiring
    Green energy
    • Energy efficient items: Insulated Walls

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $138/sqft
    • Price range: $510K - $510K
    • Date on market: 4/13/2026
    • Cumulative days on market: 25 days
    • Lease term: Renewal Option

    Price history

    DateEventPrice
    7/31/2026Sold$510,000-10.1%$138/sqft
    Source: PAR #680831 Report a problem
    5/5/2026Pending sale$567,000$153/sqft
    Source: PAR #680831 Report a problem
    4/20/2026Price change$567,000-4.7%$153/sqft
    Source: PAR #680831 Report a problem
    4/10/2026Listed for sale$595,000$161/sqft
    Source: PAR #680692 Report a problem
    8/29/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/16/2022Price change$1,150-4.2%
    Source: Zillow Rental Network_1 Report a problem
    8/8/2022Listed for rent$1,200
    Source: Zillow Rental Network_1 Report a problem
    10/2/2014Listing removed--
    Source: Auction.com Report a problem
    9/12/2014Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32534

    Nearby schools

    GreatSchools rating
    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.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $510,300
    2% more
    +$10,206
    With Zillow Showcase(estimated)
    $520,506