Homes for sale - 2881 E Johnson Ave, Pensacola, FL 32514

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Andrew Vose

andrewvose@rocketmail.com +1(315) 651-1597

Listed by Zachary Cooper • GRAND REALTY, INC.

$ 550,000

Est. payment | -/mo

3,606 SqFt

Save

$ 550,000

Est. payment | -/mo

Save

3,606 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,606 sqft

Price per Sqft $152

MLS Listing ID 676129

HOA Y/N No

Year Built 1984

Property Sub-Type Quadruplex

Source Pensacola MLS

Property Description

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.

Location

State FL

County Escambia - Fl

Interior

Heating Central

Cooling Central Air

Exterior

View Y/N No

Roof Type Composition

Building

Lot Description Central Access

Faces Head southwest on US-90 W toward Border Ave Continue onto US-90 ALT W Use the left 2 lanes to turn slightly left onto FL-291 S Turn left onto E Johnson Ave Destination will be on the right

Story 1

Structure Type Brick,Frame

New Construction No

Others

Tax ID 171S302100001001

Schools and Properties Nearby

SCHOOLSPROPERTIES

Elementary Schools 8

9

Brown Barge Middle School

Public | 3 - 8
6

Scenic Heights Elementary School

Public | KG - 5
5

Ferry Pass Elementary School

Public | PK - 5
1

Reinherdt Holm Elementary School

Public | PK - 5
0

Pensacola Jr Academy

Private | KG - 8
0

Blessed Star Montessori Christian School

Private | PK - 8
0

Trinitas Christian School

Private | KG - 12
0

Aletheia Christian Academy

Private | PK - 12

Middle Schools 3

4

Ferry Pass Middle School

Public | 6 - 8
2

Woodham Middle School

Public | 6 - 8
2

J. H. Workman Middle School

Public | 6 - 8

High Schools 1

4

Washington Senior High School

Public | 9 - 12

School and business data provided by Attom Data.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(315) 651-1597

andrewvose@rocketmail.com

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