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
For sale
$529,000
130 E Nine Mile Rd, Pensacola, FL 32534
--beds
--baths
3,700sqft
Quadruplex
Built in 1984
-- sqft lot
$500,900 Zestimate®
$143/sqft
$-- HOA
What's special
- 51 days |
- 424 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Servo 503-989-6885,
LPT Realty
Source: PAR,MLS#: 682241
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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
- Tax assessed value: $242,765
- Annual tax amount: $3,400
- Price range: $529K - $529K
- Date on market: 5/7/2026
- Lease term: Month To Month,7 to 12 Months,12 Months
Estimated market value
$500,900
$476,000 - $526,000
$1,558/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $529,000-70.6%$143/sqft |
Source: | ||
| 11/9/2023 | Sold | $1,800,000-9.8%$486/sqft |
Source: | ||
| 9/1/2023 | Contingent | $1,995,000$539/sqft |
Source: | ||
| 8/29/2023 | Listed for sale | $1,995,000$539/sqft |
Source: | ||
| 7/4/2023 | Contingent | $1,995,000$539/sqft |
Source: | ||
| 5/8/2023 | Listed for sale | $1,995,000+343.3%$539/sqft |
Source: | ||
| 4/28/2022 | Sold | $450,000$122/sqft |
Source: | ||
| 3/2/2022 | Listed for sale | $450,000+260%$122/sqft |
Source: | ||
| 2/22/2017 | Sold | $125,000+128.5%$34/sqft |
Source: Public Record Report a problem | ||
| 10/29/2015 | Sold | $54,700+6.2%$15/sqft |
Source: Public Record Report a problem | ||
| 4/8/2015 | Sold | $51,525+14.5%$14/sqft |
Source: Public Record Report a problem | ||
| 7/21/2014 | Sold | $45,000-10.2%$12/sqft |
Source: Public Record Report a problem | ||
| 3/13/2014 | Sold | $50,100-12.1%$14/sqft |
Source: | ||
| 10/15/2013 | Sold | $57,000-13.6%$15/sqft |
Source: Public Record Report a problem | ||
| 9/26/2013 | Pending sale | $66,000$18/sqft |
Source: CENTURY 21 AmeriSouth Realty #449873 Report a problem | ||
| 9/4/2013 | Listed for sale | $66,000+73.7%$18/sqft |
Source: CENTURY 21 AmeriSouth Realty #449873 Report a problem | ||
| 8/9/2013 | Sold | $38,000-5%$10/sqft |
Source: Public Record Report a problem | ||
| 5/31/2013 | Sold | $40,000+164.9%$11/sqft |
Source: Public Record Report a problem | ||
| 11/7/2012 | Sold | $15,100-74%$4/sqft |
Source: Public Record Report a problem | ||
| 5/7/2012 | Sold | $58,000-75.4%$16/sqft |
Source: Public Record Report a problem | ||
| 2/27/2008 | Sold | $235,300-4%$64/sqft |
Source: Public Record Report a problem | ||
| 5/18/2006 | Sold | $245,000+3.6%$66/sqft |
Source: Public Record Report a problem | ||
| 12/22/2005 | Sold | $236,500+25.8%$64/sqft |
Source: Public Record Report a problem | ||
| 8/24/2004 | Sold | $188,000+50.4%$51/sqft |
Source: Public Record Report a problem | ||
| 8/27/2002 | Sold | $125,000-3.1%$34/sqft |
Source: Public Record Report a problem | ||
| 8/16/2001 | Sold | $129,000+3.2%$35/sqft |
Source: Public Record Report a problem | ||
| 7/14/1998 | Sold | $125,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,400 +6.7% | $242,765 +12% |
| 2023 | $3,188 +7.9% | $216,693 +11.7% |
| 2022 | $2,954 +8.7% | $193,965 +21.2% |
| 2021 | $2,717 +4.1% | $159,992 +3.4% |
| 2020 | $2,609 +6.5% | $154,744 +9.1% |
| 2019 | $2,450 | $141,829 +3% |
| 2018 | $2,450 +0.8% | $137,660 +9.2% |
| 2017 | $2,431 +5.4% | $126,024 +7.6% |
| 2016 | $2,307 +4.5% | $117,113 +2.6% |
| 2015 | $2,208 | $114,165 -13.7% |
| 2014 | $2,208 | $132,269 +25% |
| 2013 | -- | $105,839 -12.8% |
| 2012 | -- | $121,350 -12.5% |
| 2011 | -- | $138,620 +291.6% |
| 2010 | -- | $35,399 -0.4% |
| 2009 | -- | $35,524 |
| 2008 | -- | $35,524 -16.5% |
| 2007 | -- | $42,560 -3.3% |
| 2006 | -- | $44,030 +38.3% |
| 2005 | -- | $31,840 -9.6% |
| 2004 | -- | $35,210 +16.1% |
| 2003 | -- | $30,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32534
Nearby schools
GreatSchools rating
- 5/10L. D. Mcarthur Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Ferry Pass Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10J. M. Tate Senior High SchoolGrades: 9-12Distance: 3.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Escambia County
- Pensacola
- 32534
- 130 E Nine Mile Rd







