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Property view

2881 E Johnson Ave, 
Pensacola, FL 32514

$530,000


Bed


Bath


3,606

Sq Ft


Multi-Family

Sold

Listed by

Zachary Cooper

Zachary Cooper

Bought with Levin Rinke Realty

Grand Realty, Inc.

MLS#

676129

Source:

FL PMLS

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About This Home

2881 E Johnson Ave

This fully occupied, professionally managed 4-unit multi-family property offers a strong investment opportunity with approximately $52,800 in annual gross rental income. The property is well maintained and features a new roof installed in 2022, along with numerous system and interior upgrades completed between 2024 and 2025. Recent improvements include 3 new A/C systems, 3 new water heaters 1 brought up to code, flooring, appliances, and interior updates across multiple units. Two units feature three bedrooms and one bath, while the remaining two units offer two bedrooms and one bath. Each unit includes a private rear storage and laundry area, and fencing between units provides additional tenant privacy. The property is conveniently located less than twenty minutes from Pace, local shopping centers, and the airport, and benefits from quality, long-term tenants. This is a stabilized asset ideal for an investor looking to add a well-updated multi-family property to their portfolio. Please do not disturb residents. Information deemed reliable but not guaranteed; buyers and agents to verify. Garbage, Water and Lawncare is provided.

Home Facts

Multi-Family

Built in 1984

Price Summary

550,000

$152 per Sq. Ft.

MLS #:

676129

Sold:

May 1, 2026


Structure

Structure

Building Area:

3,606 Sq. Ft.

Year Built:

1984


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$152 per Sq. Ft.

Source:FL PMLS
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