Updated Three-Bedroom Duplex with Sun
For Sale
$330,000
3031 W Jackson St, Pensacola, FL 32505
MULTI_FAMILY - Pensacola, FL
Property Size3,300 SF
Price / SF$100
Days on Market18
Property Features for 3031 W Jackson St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Interior features
Sun Room
Fireplace
1
Appliances
Built In Microwave, Dishwasher, Microwave
Lot features
Central Access
Elementary school
Global Learning Academy
Middle school
WARRINGTON
High school
Pensacola
Directions
Use GPS
Standard status
Active
APN
332S304408000000
Size
3,300 SF
Taxes and HOA fees
Tax Description
BEG 262 1/2 FT W OF INTER OF W LI OF X ST AND S LI OF JACKSON ST W 97 1/2 FT S 152 1/2 FT E 97 1/2 FT N 152 1/2 FT TO BEG OR 8654 P 566 CA 140
Legal Description
BEG 262 1/2 FT W OF INTER OF W LI OF X ST AND S LI OF JACKSON ST W 97 1/2 FT S 152 1/2 FT E 97 1/2 FT N 152 1/2 FT TO BEG OR 8654 P 566 CA 140
Utilities
Heating system
Fireplace(s)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick, Frame
Roof type
Shingle, Composition
Listing Agency:
REMAX Preferred
(954) 396-5900
Listed By:
Rachael Barach · License #3095523
(954) 396-5900
Added: Jul 29
Last Checked: Aug 15 at 3:06AM
MLS# 686700
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 updated income-producing duplex includes two move-in ready units, each with three bedrooms and one bathroom. The interior features a sun room, vinyl flooring, and built-in and standard appliances including a built-in microwave, dishwasher, and microwave. Heating is provided by fireplace(s), with cooling via wall/window unit(s) and window unit(s). The home is brick with frame construction, and the roof is composition shingle.
Located at 3031 W Jackson St in Pensacola, FL 32505, the property sits on a spacious lot with a yard for outdoor space. It is conveniently positioned near shopping, dining, schools, downtown Pensacola, NAS Pensacola, and major roadways.
Built in 1950, the duplex totals approximately 3,300 SF, offering a practical setup for an owner-occupant looking to live in one unit and rent the other, or for investors seeking rental income from both units.
Located at 3031 W Jackson St in Pensacola, FL 32505, the property sits on a spacious lot with a yard for outdoor space. It is conveniently positioned near shopping, dining, schools, downtown Pensacola, NAS Pensacola, and major roadways.
Built in 1950, the duplex totals approximately 3,300 SF, offering a practical setup for an owner-occupant looking to live in one unit and rent the other, or for investors seeking rental income from both units.
Key Highlights
- Two move‑in ready units, each with three bedrooms and one bathroom
- Approximately 3,300 SF total living area
- Sun room plus vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,817
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$596,340
$596.3K
Cap Rate 7%
$425,957
$426.0K
Cap Rate 9%
$331,300
$331.3K
Market Conditions
NOI Build-Up for 3,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.0K $19.08/SF
− Vacancy
−$8.8K −$2.65/SF
EGI
$54.2K $16.43/SF
− OpEx
−$24.4K −$7.39/SF
NOI
$29.8K $9.04/SF
Area
Escambia County, FL
Vacancy
13.90%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$596,340
Cap Rate 7%
$425,957
Cap Rate 9%
$331,300
Alternative Uses
Best Use
Multifamily LT 5
$464.0K
$406.0K – $541.3K
NOI $32,479 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$426.0K
$372.7K – $497.0K
NOI $29,817 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$968.5K
$847.4K – $1.13M
NOI $67,795 @ 7.0% cap · market cap 20.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Explore this area
Business Placement
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with two move-in ready three-bedroom, one-bath units and a sun room for flexible living or rental use.
Where is this duplex located?
The property is located at 3031 W Jackson St Pensacola, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two move‑in ready units, each with three bedrooms and one bathroom; Approximately 3,300 SF total living area; Sun room plus vinyl flooring
