3081 & 3061 N 16th Ave Pensacola, FL 32503

Multi-Family (2-4 Units) MLS #: 659263 Courtesy Of Kuhn Realty

$899,000

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Estimated monthly payments: $3,930/mo.* (recalculate)

Property InformationDescription

Investment Opportunity in East Hill! Located on the corner of E Hayes St and N 16th Ave in the desirable East Hill neighborhood, these two (fully renovated down to the stud) duplexes offer incredible rental potential. Effective year built is 2024. Both duplexes contain 2 units: each unit contains 2 bedrooms, 1 bathroom, a kitchen, a living room, laundry, and a separate driveway. 1 of the 4 units (unit closest to Hayes St) is staged and ready to tour. Both parcels combine to be 0.378 acres on a corner lot. The sellers put up a new privacy fence as well. With a potential rental income of $1,750 per month per unit, this property has the potential to generate approximately $84,000 in gross annual rental income. With the 2 duplexes essentially being brand new, you can enjoy the peace of mind that comes with low maintenance and no immediate repair or update costs. This is a rare opportunity to own a modern, well-located multi-unit property in East Hill perfect for investors looking for a high-quality addition to their portfolio.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other

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3081 & 3061 N 16th Ave, Pensacola, FL 32503
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School Information

3081 & 3061 N 16th Ave, Pensacola, FL 32503

Elementary School
Grades PK-5 | Public School
O. J. SEMMES ELEMENTARY SCHOOL
Pensacola, FL 32503
1250 E Texar Dr
850.­595.6975
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
453
Middle School
Grades 6-8 | Public School
WORKMAN MIDDLE SCHOOL
Pensacola, FL 32504
6299 Lanier Dr
850.­494.5665
Distance: 2.9 mi
School Rating
C
Student:Teacher Ratio
18:1
Total Students
877
High School
Grades 9-12 | Public School
WASHINGTON HIGH SCHOOL
Pensacola, FL 32504
6000 College Pkwy
850.­475.5257
Distance: 2.7 mi
School Rating
B-
Student:Teacher Ratio
23:1
Total Students
1898
Other Nearby Schools Distance Type Grades School Rating
Sacred Heart Cathedral School 1.0 mi Private KG-8
Escambia Virtual Instructional Program (district Provided) 1.2 mi Public KG-12
Tap Pk Babies 1.2 mi Public PK
Escambia Virtual Instruction Program 1.2 mi Public KG-12
Escambia Virtual Academy Franchise 1.2 mi Public KG-12 B+
Escambia Virtual Instruction (course Offerings) 1.2 mi Public KG-12
N. B. Cook Elementary School 1.2 mi Public PK-5 A
Cordova Park Elementary School 1.2 mi Public KG-5 B+
Hospital & Homebound 1.2 mi Public PK-12
County Administrative Annex 1.2 mi Public 9-12
East Hill Christian School 1.4 mi Private PK-12
Pensacola Private School Of Liberal Arts 1.4 mi Private 7-12
St Paul Catholic School 1.4 mi Private PK-8
Creative Learning Academy 1.5 mi Private PK-8
Pensacola High School 1.6 mi Public 9-12 D+
Suter Elementary School 1.8 mi Public KG-5 B-
Pensacola Private School Of Liberal Arts 1.9 mi Private 7-12
Montessori School Of Pensacola 2.0 mi Private PK-8
Camelot Academy Of Escambia County 2.0 mi Public KG-12 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Pensacola, FL 32503

Median Age: 37.9
Married: 38%
Number of Households: 11,632
Households with Children: 24.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.