2881 E Johnson Ave, Pensacola, FL 32514

Local realty services provided by:ERA Old South Properties, Inc.
2881 E Johnson Ave,Pensacola, FL 32514
$550,000
  • - Beds
  • - Baths
  • 3,606 sq. ft.
  • Multi-family
  • Active
Listed by: zachary cooper, zachary cooper
Office: grand realty, inc.
MLS#:676129
Source:FL_PMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$152.52

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1984
  • Listing ID #:676129
  • Added:1 day(s) ago
  • Updated:January 15, 2026 at 08:49 PM

Rooms and interior

  • Living area:3,606 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Building area:3,606 sq. ft.

Schools

  • High school:Pine Forest
  • Middle school:FERRY PASS
  • Elementary school:Ferry Pass

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$152.52
The information being provided by Pensacola Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pensacola Association Of REALTORS®. ERA Old South Properties, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Old South Properties, Inc., a broker participant of Pensacola Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pensacola Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Pensacola Association Of REALTORS®. All rights reserved.

New listings near 2881 E Johnson Ave