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    2881 E Johnson Ave Pensacola, FL 32514

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    Claim this Listing
    Pending
    $550,000

    MULTI_FAMILY - Pensacola, FL

    Added:
    Jan 15, 2026
    Days on Market:
    107
    Last Refresh:
    May 2 at 6:06 pm

    Property Features for 2881 E Johnson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    171S302100001001

    Taxes and HOA fees

    Tax Description
    BEG AT NE COR OF NW 1/4 S ALG E LI 25 FT TO S R/W LI OF JOHNSON AVE W PARL WITH N LI 127 57/100 FT FOR POB CONT W ALG R/W 82 43/100 FT S WITH INTERIOR ANG 90 DEG 49 MIN 30 SEC 185 FT E WITH INTERIOR ANG 89 DEG 10 MIN 30 SEC 82 43/100 FT N WITH INTERIOR ANG 90 DEG 49 MIN 30 SEC 185 FT TO POB OR 8675 P 1924

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick, Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Zachary Cooper

    Listing agent Zachary Cooper

    Listing office GRAND REALTY, INC. 4011 Pace Rd, PACE, FL

    Listing date Jan 15, 2026

    MLS# 676129 Listing URL

    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.


    Overview

    Pensacola Multifamily Investment Opportunity

    This fully occupied, professionally managed 4-unit multi-family property in Pensacola, Florida, presents a strong investment opportunity, generating approximately $52,800 in annual gross rental income. The property is well-maintained, featuring a new roof installed in 2022, along with numerous system and interior upgrades completed between 2024 and 2025. Recent improvements include three new A/C systems, three new water heaters (one 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. It benefits from quality, long-term tenants. This stabilized asset is ideal for an investor looking to add a well-updated multi-family property to their portfolio. Garbage, water, and lawn care are provided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.204703
    Latitude
    30.51702

    FAQs

    What type of property is this?
    Quadplex - Fully occupied 4-unit property with recent upgrades and strong income.
    Where is this quadplex located?
    The property is located at 2881 E Johnson Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Strong investment opportunity with approximately $52,800 in annual gross rental income; Fully occupied and professionally managed; New roof installed in 2022 and numerous system/interior upgrades completed between 2024 and 2025, including **3 new A/C systems and 3 new water heaters**
    More about this property
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