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$285,000
5 Beds 3 Baths 688785 MLS
MULTI-INVESTMENT OPPORTUNITY! TWO 2-bedroom, 1-bathroom mobile homes, ONE 1 bedroom 1 bathroom mobile home, and ONE VACANT LOT offers an excellent opportunity for investors, first-time buyers, or anyone looking for an affordable property with potential. Situated on a spacious lot with mature trees and plenty of outdoor space, these properties offers room to make it your own. The properties provides a great starting point for rental income, or future investment plans. Conveniently located near shopping, dining, schools, and major roadways. Bring your vision and take advantage of this unique investment opportunity! (Please refer to interior photos of 6804 Rolling Hills Rd for 6808 Rolling Hills Road this home as it has the same layout.)

6800 Blk Rolling Hills Rd, Pensacola

Listing courtesy of Better Homes And Gardens Real Estate Main Street Properties.

$314,700
4 Beds 2 Baths 687796 MLS
TURNKEY DUPLEX | STRONG RENTAL HISTORY | FURNISHED UNIT B! Welcome to 200 Holmes Dr, an income-producing duplex with extensive updates to both units and excellent rental potential. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers flexibility, updates, and established tenants. Unit A features central HVAC, new front and back doors, a new toilet, plumbing installed for a washer and dryer, and a new electrical panel. The unit is currently occupied by long-term tenants with a lease extending through December 2027 at $900/month. Washer and dryer are tenant-owned. Unit B has been completely renovated down to the studs and features new plumbing, a new kitchen, renovated bathroom, central HVAC, new back door, most windows replaced, new electrical panel, and plumbing for both laundry and a dishwasher. A stackable washer and dryer are included, and a new dishwasher. Additional improvements include a tankless gas water heater. Unit B is being sold fully furnished, with everything inside conveying with the sale. The unit has been successfully rented to military tenants for $1,575/month. The exterior has been thoughtfully improved with fresh paint, new sod, a complete irrigation system with a separate irrigation meter, and fencing for both units. With significant renovations already completed, established rental income, and a turnkey furnished second unit, 200 Holmes Dr is a great opportunity for an investor seeking a property with immediate income and future potential. Buyer to verify all lease terms, rental information, measurements, and features.

200 Holmes Ave, Pensacola

Listing courtesy of Levin Rinke Realty.

$299,900
687494 MLS
Great opportunity to own a well-located duplex in a quiet Pensacola neighborhood, offering two separate units and strong versatility for an investor or owner-occupant. The property features 1,805 square feet of total living space, with 1451 E Johnson offering 2 bedrooms and 1 bathroom and 1453 E Johnson offering 3 bedrooms and 1 bathroom. Nestled among mature, shady trees, the property offers a peaceful residential setting while remaining conveniently close to everyday shopping, dining, major roadways, and the University of West Florida (UWF). The desirable location provides easy access to amenities and makes this property an attractive option for rental income, multigenerational living, or living in one unit while renting the other. 3 sets of duplexes can be sold as a package deal. Please contact agent.

1451 E Johnson Ave Unit #1453, Pensacola

Listing courtesy of Serhant Florida LLC.

$775,000
4 Beds 4 Baths 686805 MLS
Two luxury residences. One architecturally distinctive property. A rare new-construction opportunity in Downtown Pensacola. Currently under construction, this high-end duplex offers approximately 2,180 square feet total, each unit comprising 2 bedrooms and 2 bathrooms, plus dedicated rear parking for both. Designed to stand apart from conventional multifamily construction, this property pairs distinctive contemporary architecture with premium finishes inside and out. The two-residence configuration offers exceptional flexibility: occupy one residence and rent the other, or operate both as an income-producing asset. With no HOA, the owner has the freedom to choose. A single building also delivers meaningful efficiencies over owning and maintaining two separate properties: one envelope, one roof, and consolidated maintenance and rental-management logistics. Both residences feature thoughtfully selected high-end materials, contemporary kitchens with sleek cabinetry and quartz countertops, luxury flooring, modern bathrooms, dedicated laundry, and refined architectural details throughout. The exterior makes an equally strong statement. A signature arched façade, expansive second-floor terraces with glass railings, stucco exterior, and modern flat-roof profile give the property an architectural identity rarely found in traditional duplex construction. Developable land in Downtown Pensacola is limited, making new construction capable of accommodating two residences especially compelling for both owner-occupants and investors. Anticipated completion November 2026.

1203 W Zarragossa St, Pensacola

Listing courtesy of Voyage Real Estate LLC.

$349,000
2 Baths 686664 MLS
Pensacola Duplex for Sale - Two-Unit Multifamily Investment Property! Discover a versatile Pensacola duplex and multifamily investment opportunity featuring two separate residences, each offering 2 bedrooms, 1.5 bathrooms, comfortable living areas, a functional floor plan, and private front and rear entrances. This two-unit Pensacola property offers multiple ownership possibilities. Investors can explore its potential as a long-term rental property, while owner-occupants may choose to live in one unit and rent the other—an increasingly popular strategy known as house hacking. The separate living spaces also provide an excellent option for extended family, multigenerational living, guests, or buyers who need additional privacy and flexibility. Conveniently located near shopping, restaurants, healthcare facilities, colleges, employment centers, parks, and outdoor recreation, the property provides easy access to everyday necessities and popular Pensacola destinations. Whether you are searching for a Pensacola duplex for sale, multifamily home, owner-occupied investment property, rental income opportunity, or two-unit residence, this property combines practical layouts, separate entrances, and a convenient location. Explore the possibilities this flexible Pensacola property offers and schedule your private showing today.

10140 Guidy Ln, Pensacola

Listing courtesy of ERA American Real Estate.

$349,000
4 Beds 2 Baths 683432 MLS
RARE MULTI-UNIT INVESTMENT OPPORTUNITY ON OVERSIZED LOT Don’t miss this unique opportunity to own a versatile dual-home property situated on a sprawling 0.79-acre lot in the heart of Pensacola. The property features a 4-bedroom, 1-bathroom main residence with a 2-car garage, along with a separate 1-bedroom, 1-bathroom guest house—ideal for longterm rental income, short-term rental/Airbnb, or multi-generational living. Both homes are equipped with durable metal roofs installed in 2020, offering peace of mind for years to come. The layout provides flexibility and potential for strong cash flow, with the ability to live in one unit while renting the other or lease both for maximum income. Conveniently located near Pensacola Christian College and Academy, the property benefits from consistent rental demand. With no HOA restrictions, ample land, and multiple income strategies, this is a rare find for investors and homeowners alike. Schedule your showing today to explore the full potential of this one-of-a-kind property.

20 Saint Johns St, Pensacola

Listing courtesy of Better Homes And Gardens Real Estate Main Street Properties.

$217,000
670407 MLS
Take a look at this great investment opportunity! These two homes in the cozy community of Myrtle Grove in Pensacola have nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive choice. Great neighborhood. Both homes have back yards for kids and pets to play. There are two houses on one parcel and they share one water meter. They do have separate electric service, and 907 has gas service for the central HVAC and water heater. 909 has window AC units. 907 N 57th Ave has 3 bedrooms and 2 baths. 909 N 57th Ave has 1 bedroom and 1 bathroom. The roof on 907 was replaced in 2019 for the house and 2018 for the shed. The roof on 909 was replaced in 2016. The lease on 907 is $1,195.00/month and expires on November 30th, 2026. The lease on 909 is $895.00/month and expires on February 28, 2027.

907 N 57th Ave Unit #907 and 909 N 5, Pensacola

Listing courtesy of Bay City Realty LLC.

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