3081 & 3061 N 16th Ave
Pensacola, FL 32503
- – beds
- – baths
- 2,185 sqft
- $411 per sqft
- 1955 build
- – on site
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. 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.
Last checked:
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Last updated Feb 17, 2025
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MLS# 659263 —
The Building
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Year Built:1955
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Roof:Shingle
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Building Area Total:2185
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:North on 17th Ave, Left on E Hayes St, Left on 16th Ave, 4plex is on the left.
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Latitude:30.446139
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Longitude:-87.201852
The Property
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Parcel Number:TBD (see Agent Notes)
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Horse:false
Listing Agent
- Contact info:
- Agent phone:
- (850) 730-1017
- Office phone:
- (850) 266-7557
Taxes
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Tax Legal Description:3081 N 16th Ave: N 1/2 OF LTS 8 9 & 10 BLK 375 NEW CITY TRACT OR 9072 P 1557 CA 35. 3061 N 16th Ave: S 1/2 OF LOTS 8 9 10 BLK 375 NEW CITY TRACT OR 9072 P 1566 CA 35
Heating & Cooling
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Heating:Central
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Heating:true
Utilities
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Electric:Copper Wiring
Schools
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Elementary School:Oj Semmes
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Middle Or Junior School:Workman
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High School:Washington
The Community
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Subdivision Name:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/17/25
Feb 17, 2025
|
Listed / Active | PAR | $899,000 |
