Two-Duplex Residential Income
6321 Denver Ave Pensacola, FL 32526
For Sale
$700,000
MULTI_FAMILY - Pensacola, FL
Property Size4,122 SF
Lot Size0.64 Acres
Price / SF$169.82
Days on Market95
Property Features for 6321 Denver Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1
- Parking features
- Parking Lot
- Window features
- Double Pane Windows
- Interior features
- Ceiling Fan(s)
- Appliances
- Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 421S302201010001
- Size
- 4,122 SF
- Lot size
- 0.64 Acres
Taxes and HOA fees
- Tax Description
- N 90 FT OF S1/2 OF BLK AA WEST PENSACOLA HTS PB 2 P 34A LESS W 110 FT OR 9378 P 1641 OR 9458 P 1604
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Simulated wood
- Building materials
- Frame
- Roof type
- Shingle
Listing Agency:
KELLER WILLIAMS REALTY GULF COAST
(850) 471-5000
Listed By:
Travis Talley · License #3292694
(850) 916-5800
Added: Apr 24
Changed: Jul 26
Last Checked: Jul 27 at 5:06AM
MLS# 681554
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.
New construction residential income property consisting of two duplexes on one parcel. The front duplex includes two 2-bedroom, 2-bath units, each about 933 square feet. The rear duplex includes two 3-bedroom, 2-bath units, each about 1,128 square feet. Each unit is planned to include dedicated parking directly in front with striped spaces and parking bumpers.
Planned completion is estimated for the end of August 2026. Interiors are set to feature quartz countertops in both kitchens and bathrooms, along with stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware is planned throughout, and luxury vinyl plank flooring is intended to run throughout each unit.
Exterior materials include concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. The property is listed as located near local schools and just minutes from Mobile Highway.
Planned completion is estimated for the end of August 2026. Interiors are set to feature quartz countertops in both kitchens and bathrooms, along with stainless steel GE or Samsung appliances, including a French door refrigerator, slide-in range, built-in microwave, and dishwasher. Antique bronze hardware is planned throughout, and luxury vinyl plank flooring is intended to run throughout each unit.
Exterior materials include concrete Hardie board siding and a 30-year GAF Timberline architectural shingle roof. The property is listed as located near local schools and just minutes from Mobile Highway.
Key Highlights
- Two duplexes on one parcel under construction, with 4 units total (front duplex: 2 units; rear duplex: 2 units).
- Front duplex units: two 2‑bedroom, 2‑bath units at approx. 933 SF each (approx. 1,866 SF total under roof).
- Rear duplex units: two 3‑bedroom, 2‑bath units at approx. 1,128 SF each (approx. 2,256 SF total under roof).
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.8k | $16.20 |
| − Vacancy | −$8.8k | −$2.14 |
| EGI | $58.0k | $14.06 |
| − OpEx | −$17.4k | −$4.22 |
| NOI | $40.6k | $9.84 |
4,122 SF · lease $16.20/SF/yr · vacancy 13.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.6K
$507.1K – $676.2K
NOI $40,569 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$532.1K
$465.6K – $620.7K
NOI $37,244 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,683 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - New construction duplexes on one parcel with dedicated front parking and modern interior finishes.
Where is this quadplex located?
The property is located at 6321 Denver Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two duplexes on one parcel under construction, with 4 units total (front duplex: 2 units; rear duplex: 2 units).; Front duplex units: two 2‑bedroom, 2‑bath units at approx. 933 SF each (approx. 1,866 SF total under roof).; Rear duplex units: two 3‑bedroom, 2‑bath units at approx. 1,128 SF each (approx. 2,256 SF total under roof).
