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
107 days
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83
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13
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Zillow last checked:
Listing updated:
Listed by:
Joshua Servo503-989-6885,
LPT Realty
Source: PAR,MLS#: 682241
Facts & features
Interior
Heating
Central
Features
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: Porch
Fencing: Partial
Lot
Features: Cul-De-Sac
Details
Parcel number: 081s301003031031
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: 5/7/2026
Cumulative days on market: 108 days
Lease term: 12 Months,7 to 12 Months,Month To Month