Tracey Nicolai

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Listed by Joshua Servo • LPT Realty
Bought with Joshua Servo • LPT Realty

$ 535,000

$ 529,000 1.1%

Est. payment -/mo

Sold on 08/28/2026

130 E 9 Mile Rd Pensacola, FL 32534

3,700 SqFt

UPDATED:

Key Details

Sold Price $535,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $144

MLS Listing ID 682241

Sold Date 08/28/26

HOA Y/N No

Year Built 1984

Property Sub-Type Quadruplex

Source Pensacola MLS

Property Description

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

Location

State FL

County Escambia - Fl

Interior

Heating Central

Exterior

Fence Partial

View Y/N No

Roof Type Shingle

Building

Lot Description Cul-De-Sac

Faces West on 9 Mile Rd. Take right at unmarked street before Vannoy's Tires on north side of street. Unit are behind Vannoy's Tires on right side of unmarked street.

Story 1

Structure Type Frame

New Construction No