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$214,990

106AND108 Cherokee Trl Pensacola, FL 32506

Multi-Family

Property details

About 106AND108 Cherokee Trl

***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 propertys 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.

Highlights

Home typeDuplex
HeatingCentral
StatusSale Pending
(Pending)
Year built1953
MLS #659179

Summary

  • Heating: Central
  • List Price: $214,990
  • Lot: Corner Lot
  • Directions: Turn Right from Fairfield Drive to Mobile Highway First light turn left on Cherokee Trail house is on the right side second block
  • Year Built: 1953
  • MLS Number: 659179
  • MLS Name: Pensacola MLS
  • Office Name: Levin Rinke Realty
  • Office Email: calebdrake@levinrinkerealty.com
  • Listing Agent: Caleb Drake

Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

3

Sherwood Elementary School

Public District PK-5

0.0 mi

501 Cherokee Trl

4

Myrtle Grove Elementary School

Public District PK-5

1.0 mi

6115 Lillian Hwy

4

West Pensacola Elementary School

Public District PK-5

1.1 mi

801 N 49th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,376. Most Pensacola, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
58%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 106AND108 Cherokee Trl

The listing price of 106AND108 Cherokee Trl property is $214,990.

The property 106AND108 Cherokee Trl is a multi located in Pensacola, Florida, 32506.

Sale Pending: 106AND108 Cherokee Trl is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 106AND108 Cherokee Trl are: Sherwood Elementary School (GreatSchools Rating 3/10), Myrtle Grove Elementary School (GreatSchools Rating 4/10), West Pensacola Elementary School (GreatSchools Rating 4/10), Bellview Middle School (GreatSchools Rating 2/10), Warrington Middle School (GreatSchools Rating 2/10), Brown Barge Middle School (GreatSchools Rating 8/10), Escambia High School (GreatSchools Rating 3/10), Camelot Academy of Escambia County (GreatSchools Rating 1/10), Success Academy (GreatSchools Rating 2/10).

The year of construction for 106AND108 Cherokee Trl is 1953.

This home is located at 106AND108 Cherokee Trl in Pensacola, FL and zip code 32506 in the Myrtle Grove neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $214,990.

Over 64 listings were sold over their listed price in June 2025 in Pensacola, FL. In the same period over 220 listings were sold below the listed price and 104 listings were sold for the listed price. In June 2025 in Pensacola, FL there were 5.2% more homes for sale than in May. While the average time on the market in June 2025 was 67 days, the median list price was $279,670.

From Rocket Homes Real Estate and based on county public records data.

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