Skip main navigation
Sold for $530,000
  • $530,000

    2881 E Johnson Ave, Pensacola, FL 32514

    --beds
    --baths
    3,606sqft
    Quadruplex
    Built in 1984
    -- sqft lot
    $532,400 Zestimate®
    $147/sqft
    $1,760 Estimated rent

    Home value

    $532,400

    $474,000 - $596,000

    $1,760/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,760/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,760/mo

    Rent Zestimate®

    Refinance and save

    $3,442/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,442/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This fully occupied, professionally managed 4-unit multi-family property offers a strong investment opportunity with approximately $52,800 in annual gross rental income. The property is well maintained and features a new roof installed in 2022, along with numerous system and interior upgrades completed between 2024 and 2025. Recent improvements include 3 new A/C systems, 3 new water heaters 1 brought up to code, flooring, appliances, and interior updates across multiple units. Two units feature three bedrooms and one bath, while the remaining two units offer two bedrooms and one bath. Each unit includes a private rear storage and laundry area, and fencing between units provides additional tenant privacy. The property is conveniently located less than twenty minutes from Pace, local shopping centers, and the airport, and benefits from quality, long-term tenants. This is a stabilized asset ideal for an investor looking to add a well-updated multi-family property to their portfolio. Please do not disturb residents. Information deemed reliable but not guaranteed; buyers and agents to verify. Garbage, Water and Lawncare is provided.

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Cooper 850-512-1185,

    GRAND REALTY, INC.,

    Zachary Cooper 850-512-1185,

    GRAND REALTY, INC.

    Bought with:

    Ashley Divin

    Levin Rinke Realty

    Source: PAR,MLS#: 676129MLS Logo

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Has basement: No
    Interior area
    • Total structure area: 3,606
    • Total interior livable area: 3,606 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Features: Central Access
    Details
    • Parcel number: 171s302100001001

    Construction

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

    Utilities & green energy

    • Electric: Copper Wiring

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Pensacola

    Financial & listing details

    • Price per square foot: $147/sqft
    • Price range: $530K - $530K
    • Date on market: 1/15/2026
    • Cumulative days on market: 68 days

    Price history

    DateEventPrice
    5/1/2026Sold$530,000-3.6%$147/sqft
    Source: PAR #676129 Report a problem
    5/1/2026Pending sale$550,000$153/sqft
    Source: PAR #676129 Report a problem
    3/24/2026Contingent$550,000$153/sqft
    Source: PAR #676129 Report a problem
    1/15/2026Listed for sale$550,000+0.1%$153/sqft
    Source: PAR #676129 Report a problem
    6/10/2025Listing removed$1,150
    Source: Zillow Rentals Report a problem
    5/30/2025Price change$1,150-4.2%
    Source: Zillow Rentals Report a problem
    5/21/2025Price change$1,200-4%
    Source: Zillow Rentals Report a problem
    5/12/2025Price change$1,250-3.8%
    Source: Zillow Rentals Report a problem
    5/2/2025Listed for rent$1,300+73.3%
    Source: Zillow Rentals Report a problem
    12/28/2023Listing removed--
    Source: PAR #626846 Report a problem
    5/12/2023Listed for sale$549,500+24.9%$152/sqft
    Source: PAR #626846 Report a problem
    12/1/2021Sold$440,000-2.2%$122/sqft
    Source: PAR #598009 Report a problem
    10/8/2021Listed for sale$450,000+80.7%$125/sqft
    Source: PAR #598009 Report a problem
    4/21/2018Listing removed$249,000$69/sqft
    Source: JOHNSON & JOHNSON PROPERTIES, INC #534518 Report a problem
    4/19/2018Listed for sale$249,000+107.5%$69/sqft
    Source: JOHNSON & JOHNSON PROPERTIES, INC #534518 Report a problem
    10/20/2015Listing removed$750
    Source: JOHNSON & JOHNSON PROPERTIES, INC #489385 Report a problem
    10/11/2015Listed for rent$750
    Source: JOHNSON & JOHNSON PROPERTIES, INC #489385 Report a problem
    8/14/2015Sold$120,000+2.1%$33/sqft
    Source: PAR #483526 Report a problem
    6/18/2015Listed for sale$117,500$33/sqft
    Source: RE/MAX HORIZONS REALTY #483526 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Atwood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ferry Pass
    • Middle: FERRY PASS
    • High: Pine Forest

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    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 .
    $532,400
    2% more
    +$10,648
    With Zillow Showcase(estimated)
    $543,048