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Active - Quadruplex for sale

3081 & 3061 N 16th Ave, Pensacola FL 32503

Facts & features

Quadruplex Property type
635 days on Beycome
1955 Year built

Why you’ll love it

Investment Opportunity in East Hill! Located on the corner of E Hayes St and N 16th Ave in the desirable East Hill neighborhood, these two (fully renovated down to the stud) duplexes offer incredible rental potential. Effective year built is 2024. Both duplexes contain 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. 1 of the 4 units (unit closest to Hayes St) is staged and ready to tour. Both parcels combine to be 0.378 acres on a corner lot. The sellers put up a new privacy fence as well. With a potential rental income of $1,750 per month per unit, this property has the potential to generate approximately $84,000 in gross annual rental income. With the 2 duplexes essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. Insurance quotes came in around 5k per year in total. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill – perfect for investors looking for a high-quality addition to their portfolio.

Translating description...

Listings courtesy of Kuhn Realty.

Listed by: Cole Jenkins • 850-730-1017 • Kuhn Realty

Co-listed by: Patrick Price • 850-730-1017 • Kuhn Realty

Source: Pensacola MLS, MLS#: 659263 Pensacola MLS logo

Based on info available as of Nov 14, 2026 at 1:48 AM EST.

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Affordability

$585,000$1,215,000
1%20%
0%90%
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Estimated monthly payment

$4,546/mo

  • Mortgage$4,546
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$714,705
Down payment held in escrow$179,800
Closing costs$13,485
beycome credit Est.$17,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Pensacola

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 14, 2026 at 01:48am EST.

$899,000 Listed price

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$17,980 Credit back

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