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2881 E Johnson Ave

Pensacola, FL 32514
  • $550,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 676129
UPDATED: 26 min ago
$550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2026-02-07T23:54:22.37.
www.evpensacola.com/homes/172155734
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2881 E Johnson Ave Pensacola, FL 32514

  • Price: $550,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 26 min ago
  • MLS #: 676129
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
None
County:
Escambia - Fl
Area:
Pensacola
Elementary School:
Ferry Pass
Middle School:
Ferry Pass
High School:
Pine Forest
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.
Exterior Features

Construction Materials BrickFrame Levels One Lot Features Central Access Roof Composition

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Building Area Total 3606 Building Name None Electric Copper Wiring Horse YN No Listing Agreement Exclusive Brokerage Listing New Construction YN No Property Condition Resale Property Sub Type Quadruplex Sale Rent For Sale

Listing provided by GRAND REALTY, INC.: 850-512-1185.


© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2026-02-07T23:54:22.37.
 
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Engel & Völkers Pensacola
190 South Jefferson Street
Pensacola FL, 32502