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    3920 N 10Th Ave Pensacola, FL 32503

    For Sale
    $474,900

    Duplex - Pensacola, FL

    Type:Duplex
    Days on Market:
    105
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 3920 N 10Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    042S302007000045

    Building Details

    Year built
    1965
    Number of units
    4
    Architectural style
    Other

    Levin Rinke Resort Realty (850) 916-5050 [email protected]

    Listing agent Stuart West (850) 916-5050

    Listing date Aug 26, 2025

    MLS# 640074 Listing URL

    Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pensacola Duplex Investment Opportunity

    This property features two all-brick duplexes situated on a single parcel, offering a combined annual gross income of $50,400 with the potential to reach $52,800. Each unit is configured as a 2-bedroom, 1-bathroom layout. Cosmetic improvements could further increase rental income. The units share similar features. Centrally located in Pensacola, the property is near the mall, airport, Publix, and hospitals, within the high-demand North East Hill area. Each apartment has a carport and laundry room. The property is individually metered for water and power. The roof was replaced in November 2014, and each unit received a new electrical panel in 2020. The water heaters were replaced at various times: one in approximately 2022, one in 2009, and two in 2018. This property is suitable as an investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.212721
    Latitude
    30.457481

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    FAQs

    What type of property is this?
    Quadplex - Two duplexes on one parcel with high rental income potential.
    Where is this quadplex located?
    The property is located at 3920 N 10Th Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: - Two duplexes on one parcel providing $50,400 annual gross rental income with potential to reach $52,800.; - Located in the high-demand North East Hill area of Pensacola, close to the mall, airport, Publix, and hospitals.; - Each unit is a 2/1 with individual carport and laundry room.
    (850) 916-5050
    Request Owner's contact information
    3920 N 10Th Ave Pensacola, FL 32503
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    Pensacola, FL 32503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3920 N 10Th Ave Pensacola, FL 32503
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