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$529,000
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Property Description
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: Current gross monthly income is $4,780, providing immediate returns with built-in upside potential. With lease expirations staggered throughout 2026, an investor has the opportunity to gradually increase rents to market rates while maintaining occupancy. Unit offers added flexibility, as it is converting to a month-to-month lease creating a prime opportunity for an owner-occupant to move in using a VA loan or for an investor to quickly adjust rents to market value. This property is ideally positioned less than one mile from the new Costco currently under construction which will bring significant growth, increased traffic, and long-term appreciation potential to the area. Conveniently located near shopping, dining, schools, and major commuting routes. Perfect opportunity for investors looking to expand their portfolio or for owner-occupants seeking to "house hack" and offset their mortgage with rental income. Don't miss your chance to own a performing asset in one of Pensacola's fastest-growing corridors! PLEASE DO NOT DISTURB TENANTS Buyer to verify all measurements and listing description
Full Property Details
Full Property Details for 130 E 9 Mile Rd
General
- Price: $529,000
- Status: Active
- Type: Multi-Family
- Source: Pensacola
- MLS ID: 682241
- Updated: 5/7/2026
- Added to Site: 19 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month, 7 to 12 Months, 12 Months
Exterior
- Deck/Patio: Porch
Location
- County: Escambia - Fl
- Driving Directions: West on 9 Mile Rd. Take right at unmarked street before Vannoy's Tires on north side of street. Unit are behind Vannoy's Tires on right side of unmarked street.
School Information
- Elementary School: Mcarthur
- Middle School: FERRY PASS
- High School: Tate
Heating & Cooling
- Heating Type: Central
Structural Information
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Year Built: 1984
Lot Features
- Lot Features: Cul-De-Sac
- Fencing (Description): Partial
Financial Considerations
- Price Per Sq. Ft.: $142.97
Disclosures and Reports
- Property ID: 081S301003031031
Listed by LPT Realty
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Schools
Schools serving 130 E 9 Mile Rd
School District:Escambia County School District, Cantonment, FL
| Name | Grades | Distance |
|---|---|---|
L. D. Mcarthur Elementary School 330 East 10 Mile Road, Pensacola, FL 32534 | PK-5 | 1 mi |
Ferry Pass Middle School 8355 Yancey Lane, Pensacola, FL 32514 | 6-8 | 4.4 mi |
J. M. Tate Senior High School 1771 Tate Road, Cantonment, FL 32533 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130 E 9 Mile Rd
Date
Details
Price
Change
Source
5/07/2026
Listed
$529,000
501.14%
MLS
6/07/2017
Sold
$88,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 130 E 9 Mile Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,563
-2%
$351,600
—
2023
$4,679
-1%
$351,600
—
2022
$4,726
-3%
$351,600
—
2021
$4,884
-1%
$351,600
—
2018
$4,944
-2%
$351,600
—
2017
$5,052
-2%
$351,600
—
2016
$5,139
-2%
$351,600
—
2015
$5,220
8%
$351,600
—
2019
$4,845
-5%
$351,600
—
2014
$5,081
-5%
$351,600
—
2013
$5,376
—
$351,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 130 E 9 Mile Rd
130 E 9 Mile Rd, Pensacola, FL 32534 (MLS# 682241) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 130 E 9 Mile Rd is currently listed for $529,000 and was received on May 07, 2026. Want to learn more about 130 E 9 Mile Rd? Do you have questions about finding other Multi-Family real estate for sale in Pensacola? You can browse all Pensacola real estate or contact a Coldwell Banker agent to request more information.

