$195,000
SOLD AUG 11, 2025

106 and 108 Cherokee Trail Pensacola, FL 32506

Myrtle Grove Neighborhood
-- Bed
-- Bath
1,352 Sq Ft
1953 Built

Recently Sold

$144 Per Sq Ft

13% Below List Price

162 Days on Market

About This Home

As of August 2025

***Income-Producing Triplex – Duplex with Detached Efficiency Unit*** This three-unit investment property offers immediate cash flow and strong long-term potential. The property includes a duplex and a detached efficiency unit on the same lot, providing multiple income streams. The duplex is currently rented for $1,620 per month on annual leases, with room to increase rents. The efficiency unit offers additional income potential, with market rents estimated at over $500 per month. Recent updates include a newer roof, just three years old, reducing capital expenditures for the foreseeable future. The duplex has also been rewired, adding to the property's reliability and value. Professionally managed with quality tenants already in place, this is a true turnkey investment with minimal hands-on involvement. The strong rental history and the ability to optimize rental rates make this an excellent opportunity for investors looking to maximize cash flow. Schedule a showing today.

Last Agent to Sell the Property

Caleb Drake

Levin Rinke Realty Brokerage Email: calebdrake@levinrinkerealty.com Listed on: 02/14/2025

Levin Rinke Realty

Last Buyer's Agent

Caleb Drake

Levin Rinke Realty Brokerage Email: calebdrake@levinrinkerealty.com Listed on: 02/14/2025

Levin Rinke Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Home Design

  • 1,352 Sq Ft Home
  • Duplex
  • Shingle Roof

Schools

  • Sherwood Elementary School
  • Bellview Middle School
  • Escambia High School

Additional Features

  • Corner Lot
  • Central Heating

Community Details

  • 3 Units
  • Osceola Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142S308001040002

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Parcel Number: 142S308001040002
  • Property Type: Residential Income
  • Year Built: 1953
  • Electric: Circuit Breakers
  • Property Sub Type: Duplex
  • Horses: No
  • Subdivision Name: Osceola Country Club
  • Directions: Turn Right from Fairfield Drive to Mobile Highway First light turn left on Cherokee Trail house is on the right side second block
  • Building Name: None
  • Attribution Contact: calebdrake@levinrinkerealty.com
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • Elementary School: Sherwood
  • High School: Escambia
  • Middle Or Junior School: BELLVIEW

Multi Family

  • Number Of Units Total: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $195,000 -9.3% $144 / Sq Ft
07/26/2025 07/26/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $214,990 -4.4% $159 / Sq Ft
02/14/2025 02/14/25 For Sale $225,000 -- $166 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Caleb Drake

    Seller's Agent in 2025

    Caleb Drake

    Levin Rinke Realty

    (812) 243-2419

    2 in this area

    129 Total Sales

    Caleb Drake
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 659179

Pensacola Association of REALTORS®
Florida Escambia County Pensacola 32506 Myrtle Grove

106 and 108 Cherokee Trail, Pensacola, FL

This home is located at 106 and 108 Cherokee Trail, Pensacola, FL 32506 and is currently priced at $195,000, approximately $144 per square foot. This property was built in 1953. 106 and 108 Cherokee Trail is a home located in Escambia County with nearby schools including Sherwood Elementary School, Bellview Middle School, and Escambia High School.

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