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Sold for $486,500
  • $486,500

    2501 Kelso Rd #A-d, Pensacola, FL 32514

    4beds
    750sqft
    Quadruplex
    Built in 2016
    -- sqft lot
    $477,200 Zestimate®
    $649/sqft
    $1,371 Estimated rent

    Home value

    $477,200

    $425,000 - $534,000

    $1,371/mo

    Zestimate® history
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    $1,371/mo

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    $1,371/mo

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    What's special

    4 NEWER UNITS built in 2016 and in excellent condition! *** Plus, there are 2 other duplexes (4 more units for a total of 8 units - *** RENT POTENTIAL $52,800 of annual income for these 4 units (and the potential to raise the rent higher perhaps) and a total of around $100k annual for all 8 units * This offering is two (2) duplexes on the same parcel for a total of 4 units, being sold together * One unit has just been updated with new flooring, fixtures, paint, appliances, and more! 2 other units are in exceptional condition, with one unit requiring some updates (paint and flooring - very inexpensive to update), but all are rented so you can just leave it like it is and collect a nice paycheck monthly, or update one unit, and get even more rent! **NOTE** the last unit mentioned is month-to-month and the tenant can easily be removed allowing for an owner-occupant to purchase and only 3% or if VA, ZERO down! **** Situated in perhaps the BEST location in Pensacola for investment property, RIGHT next to UWF, West Florida Hospital, 10 mins to Downtown Pensacola and more! ** Again, these 2 duplexes were built in 2016, so all major components are newer and there should be no major repairs for quite awhile! ***** The seller may offer owner financing with $150k down and a 3 yr balloon - amortized over 25 years at 8%. ****** Please verify all features, dimensions, measurements, etc that may be important to you - unsure of the exact square footage ******* Seller is also the Broker of record for the listing and a licensed Real Estate Broker in FL and AL. ********** VIDEOS are posted and available to view for each unit

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 07:44pm

    Listed by:

    Mark Downey 850-456-6616,

    MARK DOWNEY & ASSOCIATES, INC.,

    Troy Alsaker 850-382-4681,

    MARK DOWNEY & ASSOCIATES, INC.

    Bought with:

    Jess Townley

    Engel & Volkers Pensacola

    Source: PAR,MLS#: 634914MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Water Heater, Refrigerator
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s)
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 750 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Waterfront features: None
    Lot
    • Dimensions: 50x170
    • Features: Interior Lot
    Details
    • Parcel number: 041s300101001017
    • Zoning description: Commercial
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Electric: Copper Wiring
    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: Pensacola
    • Subdivision: Ferry Pass Heights

    Other

    Other facts
    • Price range: $486.5K - $486.5K

    Price history

    DateEventPrice
    9/2/2024Sold$486,500-0.6%$649/sqft
    Source: PAR #634914 Report a problem
    7/31/2024Contingent$489,500$653/sqft
    Source: PAR #634914 Report a problem
    7/15/2024Price change$489,500-2.1%$653/sqft
    Source: PAR #634914 Report a problem
    6/11/2024Price change$500,000-4.8%$667/sqft
    Source: PAR #634914 Report a problem
    4/23/2024Price change$525,000-4.5%$700/sqft
    Source: PAR #634914 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32514

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ferry Pass
    • Middle: FERRY PASS
    • High: Pine Forest

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $477,200
    2% more
    +$9,544
    With Zillow Showcase(estimated)
    $486,744