Pensacola, FL Multifamily Homes & Duplexes for Sale

Excellent downtown investment. This property was built in 2023, and it consists of a 3-bedroom, 2.5 bath home, plus a detached apartment over the two-car garage. The detached apartment has a full one-bedroom, one-bath layout complete with a kitchenette and in-unit laundry. The home is rented for $4,000 monthly and the apartment is rented for $1,500 monthly, with the owner paying for utilities and

Jessica Nguyen GUNTHER PROPERTIES, LLC

Brand new construction duplex located just minutes from downtown Pensacola. This modern yellow townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes

Elijah Alexander Dash FMIG

House hack this quadplex with FHA/VA financing - move into the vacant unit and let the remaining three units cash flow your primary residence! Gross Rent Potential: $62,400/year. Prime location with consistent tenant demand; minutes to NAS Pensacola, Corry Station, and the Naval Hospital. New developments nearby on Hwy 98: Casey’s General Store, the Publix Plaza with McAlister’s Deli and

Michael Warinner KELLER WILLIAMS REALTY GULF COAST

SPACIOUS EAST HILL BRICK DUPLEX ON LARGE CORNER LOT. Each unit is approximately 1703 sq ft with total of 3406 for the building. Both units are 3BR/2.5 BA, UPDATED "move-in" top condition. Great opportunity to live in one side and rent the other to help cover costs. Brick and hardi board construction. Superb visibility in the heart of popular East Hill. Walk to schools, restaurants, entertainment

Bobbi Godwin Connell & Company Realty Inc.

Turnkey quaplex- fully leased and professionally managed. Gross Rent Potential: $57,600/year. Prime location with consistent tenant demand- minutes to NAS Pensacola, Corry Station, and the Naval Hospital. New developments nearby on Hwy 98: Casey’s General Store, the Publix Plaza with McAlister’s Deli and Whataburger, Wawa, and Aldi. Each unit contains one bedroom, one bath, laundry facilities,

Michael Warinner KELLER WILLIAMS REALTY GULF COAST

Duplex opportunity featuring two units on one property. The main/front unit offers 2 bedrooms and 1 bathroom with charming character throughout. The second unit is 1/1 with kitchen attached to the two-car garage, providing 420 sq ft of additional living space—ideal for rental income, guests, or multi-generational living. Schedule your showing today to explore the potential this property offers.

Shelby Tudor TEAM SANDY BLANTON REALTY, INC

Unique Duplex investment opportunity in Pensacola! This home is split into two separate units, providing excellent rental potential. Right side: 1 bedroom, 1 bathroom, kitchen, and living room. Left side: 2 bedrooms, 1 bathroom, kitchen, and living room. Conveniently located near schools, shopping, and major roads, this property offers flexibility and income potential. Don't miss out on this

Scott Fader Joseph Walter Realty, LLC

Investor’s Dream on Bayou Grande! Don’t miss this rare opportunity to own a waterfront quad-plex featuring four 1-bed/1-bath units Perfectly positioned for long-term or short-term rental income, this well-maintained property offers direct water access, a tranquil setting, and strong rental potential. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand

James O'Donovan Octavius Real Estate

Three One Bedroom rental units just outside Navy Point with quick and easy access to NAS Pensacola! Just two blocks from Navy Point park and boat launch! Property features 2 residential buildings. The first building (1328 SQ ft) is a duplex unit with TWO one bedroom units. Newer roof and recently replaced energy efficient windows as well as a new septic system. The second building (316 Chattman

DON WELKER First City Real Estate Solutions

Residential and Commercial Tri-plex located in the Downtown Pensacola Historical District. This unique property consists of 1 residential duplex and another separate structure with 860 square feet that can be used for commercial office converted into another residential unit as well.

Daniel Hua Alliance Real Estate

Exceptional Multi-Unit Investment Opportunity Near Downtown Pensacola! Rarely does a property like this come to market. Offered as one parcel, this unique income-producing property features four separate living units (107A, 107B, 109, and 111) - all updated, and proven performers in the rental market. Located just minutes from the heart of Downtown Pensacola, this property is within easy reach of

STEPHANIE OBERHAUSEN OBERHAUSEN REALTY

Discover an exceptional investment opportunity with this fully-rented four-plex in Pensacola, generating a robust monthly income of $4,435. This eight-bedroom, four-bathroom property spans 3,700 square feet and is perfectly situated in a prime location, making it an attractive prospect for savvy investors. With a durable brick exterior and a sturdy metal roof, this property is designed for

Whitney Cooley Scenic Sotheby's International Realty

Brand new construction duplex located just minutes from downtown Pensacola. This modern blue townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes

Elijah Alexander Dash FMIG

Townhome Centrally located in Pensacola just off Michigan Ave. unit needs work . easy to show on combo box

Lee Hall Lee Hall Realty

New construction near downtown Pensacola! Both units are mirror images of each other. They both have their own address, and are "single family townhomes", but we are offering the chance to buy them together. Both units offer thoughtfully designed living, and both units contain 4-bedrooms, 3.5-baths and span 2,139 square feet. With oversized rooms and a flexible layout, this home is designed to

Cole Jenkins Kuhn Realty

Property Type: Duplex (Residential Income) Location: Pensacola, FL Units: 2 (Each 3 Beds / 2 Baths) Total Sq Ft: 2,352 (Approx. 1,176 sqft per unit) Year Built: 2025 Parking: 8–10 off-street spaces Appraised Value: $635,000 (Official appraisal dated 07/18/2025) Status: One Unit Vacant / One Unit Tenant-Occupied New Construction Duplex – One Unit Vacant Newly constructed duplex built in 2025. One

Steven Koleno Beycome of Florida, LLC

CALLING ALL MULTI_FAMILY INVESTORS! This duplex is conveniently located to all Pensacola has to offer. Each unit of this charming duplex offers 2 beds and 1 bath with a generous 702 square feet of living space, ensuring ample comfort for tenants. The property already has occupants in place eliminating the need for you to invest time and energy in a tenant search. Let's add this amazing buy and

Dederek Teate, Jr. KELLER WILLIAMS REALTY GULF COAST

Discover a rare investment opportunity with this spacious duplex at 10140/10150 Guidy LN in Pensacola. With no rental restrictions, this property offers maximum flexibility —ideal for long-term tenants, short-term rentals, or owner-occupancy with income potential.Each side of the duplex features comfortable living spaces with 2 bedrooms and 1.5 bath, functional layouts, and private entrances

Rik Poloski ERA American Real Estate

Great investment opportunity. All are HUD Section 8 eligible (607 reinspected by HUD in July 2025).Three tenant occupied townhomes. Each unit consists of 2 bedrooms, three baths and 1100 square feet, covered rear balcony. New A/C for 611 in June 2023. Upstairs of 609 repainted with new flooring installed. Downstairs being repainted. Seller has roofer ready to install new roof on entire building

JOHN WAAS John Waas Realty LLC

Brand new construction duplex located just minutes from downtown Pensacola. This modern Red townhome features two spacious units, making it an ideal opportunity for both investors and owner-occupants. Unit A offers 1,324 sqft and Unit B features 1,242 sqft—both thoughtfully designed with 3 bedrooms and 2 bathrooms, providing functional layouts, open living spaces, and contemporary finishes

Elijah Alexander Dash FMIG

INVESTOR ALERT! This is a turn key income producing investment with an attractive cap rate. Each side was previously rented for 825 a month totaling 19800 in income yearly. This duplex produces a 11.6 cap rate without factoring in any repairs or additional expenses aside from taxes. Both units have been freshly updated with new paint, year old tile flooring through out for easy upkeep, and an

David Keen REALTY MASTERS

Experience true beachfront living from your private balcony, where you can relax while overlooking the white sandy beaches and emerald waters of the Gulf. This beautifully furnished 2-bedroom, 2-bath Gulf-front condo offers the ideal setting for coastal living or the perfect beach getaway.Inside, the open floor plan creates a bright and welcoming space designed for both comfort and functionality.

Susan Carleton Pointe South

Eclectic, updated, and full of personality, this move-in-ready home offers a rare blend of character, comfort, and creative space located just a short 2 minute drive to the public boat launch by Hub Stacey's and 5 minute drive to Johnson's Beach. Inside, you’ll find refreshed finishes in this 4 bedroom/2 bath layout designed for both everyday living and entertaining. Out back is the cutest little

Lisa Oubre Keller Williams AGC Realty - Orange Beach

Assumable 3.25% FHA loan! Great investment opportunity with this beautifully restored multi-unit property in Old East Hill with a strong rental history and potential to bring in over $80,000 a year. Officially dated to 1908 but likely built in the late 1800s, this corner-lot property combines timeless architecture with updated amenities. Renovated in 2022, it now functions as a versatile

Abigail Barnett Lokation

Updated duplex and converted garage in Historic North Hill area on the corner of N Palafox and W De Soto! This complex is close enough to enjoy shopping, dining, and entertainment in downtown Pensacola. Each unit is finished with modern appliances, luxury vinyl plank flooring throughout, and white quartz countertops. Property makes for a Great Buy and hold investment bring in a steady income, or

AMITY NOWLING Crystal Shores 2 Inc.

Great property with great rental income located in the East Hill neighborhood on Cervantes St, between 13th Ave and 14th Ave. Currently, the property consists of 3 separate units and is zoned R2. It is conveniently located one block away from Publix and has 74 feet of street frontage on Cervantes St. The property offers ample off-street parking and has over 2500 sqft of space with newer upgrades.

Nicole Spognardi Kuhn Realty

Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. Would be a great

Frasier Phelps Berkshire Hathaway Home Services PenFed Realty

Income-producing 4-plex located in a highly desirable area off 9 Mile Road near Highway 29! Each unit features 2 bedrooms and 1 bathrooms, offering strong rental appeal and consistent cash flow from day one. All four units are currently occupied with established leases in place: • Unit 25: $1,050/month (Lease through 07/31/2026) • Unit 26: $1,050/month (Lease through 10/31/2026) • Unit 27:

Joshua Servo LPT Realty

Welcome to Perdido Key Life in the Ohana Beach House! This beautiful 4 bedroom, 4 bathroom Villa is located in the highly soughtafter community of Lost Key Golf & Beach Club, situated on 413 acres in the heart of Perdido Key. Once you enter this spaciousVilla, you'll fall in love with the custom wall treatments in the entry hallway and dining areas. The home has newly installed luxuryvinyl plank

Susan Carleton Pointe South

TWO HOMES ON ONE LOT. Duplex investment featuring two spacious units: one with 3 bedrooms and 3 baths, the other with 3 bedrooms and 2 baths. Investor friendly or any buyer wanting to have a long term rental, short term rental, or extra property to house family and friends. Unit A has a cool set up where the entrance and kitchen are on the second floor. The downstairs is great for a spare room,

Shelby Tudor TEAM SANDY BLANTON REALTY, INC

Located in the heart of Pensacola, 4200 W Jackson St. presents a rare opportunity to acquire a commercially zoned, income-producing property with immediate cash flow and future upside. Currently configured as two updated apartments, this property offers strong rental appeal with modernized interiors that attract and retain tenants. Even more compelling, the basement level provides the opportunity

Brittany Smith Bastion Realty LLC

Take a look at this great investment opportunity! These two homes in the cozy community of Myrtle Grove in Pensacola have nearby attractions such as the Naval Aviation Museum and the stunning beaches of Perdido Key. For prospective Multifamily / Single Family Rental Portfolio investors, the diverse range of amenities and the appeal of this growing coastal city make the location an attractive

Mehdi Moeini Bay City Realty LLC