Two-Unit Duplex with Fenced
For Sale
$252,000
3701 W Brainerd St, Pensacola, FL 32505
Residential Income, Pensacola, FL
Property Size1,356 SF
Price / SF$185.84
Days on Market47
Property Features for 3701 W Brainerd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Appliances
Electric Water Heater
Subdivision
West Highlands
Lot features
Corner Lot
Elementary school
Oakcrest
Middle school
WARRINGTON
High school
Pensacola
Directions
Directions: From downtown Pensacola, travel west toward Mobile Hwy/US-90. Continue west on Mobile Hwy, turn right onto N Kirk St, then turn left onto W Brainerd St. 3701 W Brainerd St will be on the left.
Standard status
Active
APN
332S301300125001
Size
1,356 SF
Taxes and HOA fees
Tax Description
Beg At Ne Cor Of Lt 12 Blk 1 West Highlands S/D Pb 1 P 74 S 0 Deg E Alg W R/W Li Of North Kirk St (50 Ft R/W) 78 Ft N 90 Deg W 75 Ft N 0 Deg W 78 Ft To S R/W Of W Brainard St (50 Ft R/W ) S 90 Deg E 75 Ft To Pob Part Of Lt 12 & 13 Blk 1 West Highlands S/D Pb 1 P 74 Or 9137 P 44 Ca 147
Legal Description
Beg At Ne Cor Of Lt 12 Blk 1 West Highlands S/D Pb 1 P 74 S 0 Deg E Alg W R/W Li Of North Kirk St (50 Ft R/W) 78 Ft N 90 Deg W 75 Ft N 0 Deg W 78 Ft To S R/W Of W Brainard St (50 Ft R/W ) S 90 Deg E 75 Ft To Pob Part Of Lt 12 & 13 Blk 1 West Highlands S/D Pb 1 P 74 Or 9137 P 44 Ca 147
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer
fenced backyard
Building Details
Year built
1938
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Frame
Roof type
Shingle
Listing Agency:
Better Homes And Gardens Real Estate Main Street Properties
(850) 912-4123
Listed By:
Victoria Miller
(850) 255-0135
Added: Aug 28
Changed: Sep 12
Last Checked: Oct 13 at 6:06PM
MLS# 688183
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 1,356-square-foot duplex contains two separate two-bedroom, one-bath residences, each with a dedicated laundry area equipped with a washer and dryer. The interiors include updated bathrooms, tile flooring, central heating and central air, while the frame construction dates to 1938. A fenced backyard provides private outdoor space for occupants, and the property occupies a corner lot at 3701 W Brainerd St in Pensacola.
Both units are currently producing rental income, with separate resident arrangements already in place. The property has public water and public sewer service, an electric water heater, and a shingle roof. Its two-unit configuration offers an established residential income asset with existing occupancy and practical features for ongoing rental use.
Both units are currently producing rental income, with separate resident arrangements already in place. The property has public water and public sewer service, an electric water heater, and a shingle roof. Its two-unit configuration offers an established residential income asset with existing occupancy and practical features for ongoing rental use.
Key Highlights
- Two separate 2‑bedroom, 1‑bath units
- 1,356 square feet with two residences
- Current rental income from both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,346
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,920
$266.9K
Cap Rate 7%
$190,657
$190.7K
Cap Rate 9%
$148,289
$148.3K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$22.0K $16.20/SF
− Vacancy
−$2.9K −$2.14/SF
EGI
$19.1K $14.06/SF
− OpEx
−$5.7K −$4.22/SF
NOI
$13.3K $9.84/SF
Area
Escambia County, FL
Vacancy
13.21%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,920
Cap Rate 7%
$190,657
Cap Rate 9%
$148,289
Alternative Uses
Best Use
Multifamily LT 5
$190.7K
$166.8K – $222.4K
NOI $13,346 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$175.0K
$153.2K – $204.2K
NOI $12,252 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$398.0K
$348.2K – $464.3K
NOI $27,858 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
333
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately leased units include private laundry areas, updated bathrooms, and fenced outdoor space.
Where is this duplex located?
The property is located at 3701 W Brainerd St Pensacola, FL.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath units; 1,356 square feet with two residences; Current rental income from both units
