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Tenant-Occupied Duplex
For Sale
$158,000

1915 W Gadsden St, Pensacola, FL 32501

Residential Income, Pensacola, FL

Property Size1,700 SF
Price / SF$92.94
Days on Market123

Property Features for 1915 W Gadsden St

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision West King Tract
Lot features Central Access, Interior Lot
Elementary school Global Learning Academy
Middle school WARRINGTON
High school Pensacola
Directions From Downtown Pensacola, head west on W Garden Street. Turn right onto N Pace Boulevard, then left onto W Gadsden Street. Continue west to 1915 W Gadsden St. The property will be on your left.
Standard status Active
APN 000S009060110124
Size 1,700 SF

Taxes and HOA fees

Tax Description LTS 11 12 BLK 124 WEST KING TRACT OR 8613 P 1022 OR 8667 P 568 OR 9382 P 909 CA 116
Legal Description LTS 11 12 BLK 124 WEST KING TRACT OR 8613 P 1022 OR 8667 P 568 OR 9382 P 909 CA 116

Utilities

Cooling system Ceiling Fan(s), Multi Units

Building Details

Year built 1928
Floors in Building 1
Number of units 2
Flooring type Hardwood
Building materials Frame
Roof type Composition
Listing Agency: LPT Realty
Listed By: Aziza Marzak
Added: Jun 4 Changed: Sep 12 Last Checked: Oct 4 at 8:06PM
MLS# 684723

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex at 1915 W Gadsden St in Pensacola includes 1,700 square feet across two residential units. One unit is occupied by a tenant, while the other is owner-occupied, creating an existing two-unit arrangement with flexibility for continued personal use or additional occupancy. The property was built in 1928 and has frame construction, hardwood flooring, composition roofing, and multi-unit cooling with ceiling fans. The property is offered as-is, with no repairs to be made by the seller. Located in Pensacola, the property is identified by ZIP Code 32501 in Escambia County, Florida.

Key Highlights

  • Two‑unit duplex with 1,700 square feet of property size
  • One unit is tenant‑occupied and one unit is owner‑occupied
  • Frame construction built in 1928

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store HVAC Service Locksmith Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 32501, FL

10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit frame property with hardwood flooring, multi-unit cooling, and one tenant-occupied residence.
Where is this duplex located?
The property is located at 1915 W Gadsden St Pensacola, FL.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,700 square feet of property size; One unit is tenant‑occupied and one unit is owner‑occupied; Frame construction built in 1928
More about this property
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