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$195,000
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Property Description
***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.
Full Property Details
Full Property Details for 106 and 108 Cherokee Trail
General
- Sold For: $195,000
- Status: Closed
- Type: Duplex
- Source: Pensacola
- MLS ID: 659179
- Added to Site: 338 day(s) ago
Location
- County: Escambia - Fl
- Subdivision: Osceola Country Club
- Driving Directions: Turn Right from Fairfield Drive to Mobile Highway First light turn left on Cherokee Trail house is on the right side second block
School Information
- Elementary School: Sherwood
- Middle School: BELLVIEW
- High School: Escambia
Heating & Cooling
- Heating Type: Central
Structural Information
- Roof: Shingle
- Year Built: 1953
Lot Features
- Lot Features: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $144.23
Disclosures and Reports
- Property ID: 142S308001040002
Listed and Sold by Levin Rinke Realty
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Schools
Schools serving 106 and 108 Cherokee Trail
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
Sherwood Elementary School, Pensacola, FL 501 Cherokee Trail, Pensacola, FL 32506 | PK-5 | 0.5 mi |
Bellview Middle School 6201 Mobile Highway, Pensacola, FL 32526 | 6-8 | 2.4 mi |
Escambia High School 1310 North 65th Avenue, Pensacola, FL 32506 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 and 108 Cherokee Trail
Date
Details
Price
Change
Source
8/11/2025
Sold
$195,000
-9.3%
MLS
4/10/2025
Price Reduced
$214,990
-4.45%
MLS
2/14/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
106 and 108 Cherokee Trl, Pensacola, FL 32506 (MLS# 659179) is a Duplex property that was sold at $195,000 on August 11, 2025. Want to learn more about 106 and 108 Cherokee Trl? Do you have questions about finding other Duplex real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

