$300,000
1106 Dr Martin Luther King Jr Dr
Pensacola, FL, 32503
RARE INVESTMENT OPPORTUNITY – Each side rents for $1350/month – 11% ROI ANNUALLY!! This duplex is perfectly positioned between downtown and East Hill – WALKING DISTANCE TO BOTH – while only being 10 minutes from Pensacola Beach! Whether you are interested in house hacking, double short term renting on Airbnb, or doing a traditional rental on both units, this property offers exceptional flexibility, strong income potential, and an unbeatable location for both investors and owner-occupants alike. This property offers turn of the century charm with a modern interior. Pulling up, each unit has their own private front porch – perfect for relaxing with a cup of coffee after a long day. Stepping inside you are welcomed by the central living space featuring an updated kitchen and plenty of space for a dual dining and living room setup. Throughout the house there is NO CARPET, and the bathrooms on both sides are updated as well. The yard is spacious and provides a blank canvas for whatever project you may have in mind! Stop on by and see why this property is perfect for your next purchase!
Property Details
Price:
$300,000
MLS #:
686604
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
East King Tract
Listed Date:
Jul 28, 2026
Finished Sq Ft:
1,524
Total Sq Ft:
1,524
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1918
Schools
Elementary School:
Global Learning Academy
Middle School:
WORKMAN
High School:
Pensacola
Interior
Appliances
Water Heater, Gas Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Multi Units, Wall/Window Unit(s), Ceiling Fan(s)
Heating
Central
Levels
One
Exterior
Architectural Style
Traditional
Construction Materials
Frame
Lot Features
Central Access
Open Parking YN
1
Parking Features
Driveway
Roof
Shingle
Stories
1
Financial
HOA Fee Frequency
Annually
Meet Caitlin Schaffstall, a dedicated and passionate Florida Realtor who goes above and beyond to ensure her clients find their dream homes. With a strong commitment to customer service, Caitlin takes pride in providing a seamless and positive experience for both buyers and sellers alike. Her genuine interest in helping people achieve their real estate goals has earned her a stellar reputation within the industry. Outside of her successful real estate career, Caitlin cherishes her roles as a l…
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1106 Dr Martin Luther King Jr Dr
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