- 8 beds
- 4 baths
- 3,700 sqft
- $125 per sqft
- 1984 build
- – on site
More homes
Centrally located and consistently leased, this quadplex delivers dependable cash flow today with clear upside for the next owner. Each of the four identical 2-bed / 1-bath units (about 925 sq ft) opens to a combined living, dining, and kitchen area with durable tile flooring—and kitchens that were refreshed in recent years with more modern cabinetry and updated countertops. Roof was replaced in 2020. Interior highlights include large bedrooms, plentiful closets—a coat closet, pantry, linen closet, and a true walk-in primary closet—plus in-unit laundry hookups. Outdoors, every apartment enjoys a 12.5 × 8.5 ft private patio with a 7.25 × 5.5 ft locked storage room, and there’s ample parking directly in front of the building. Current rents are $1,100 on two units and $1,095 on the other two, for a total of $4,390 per month. Tenants pay their own electric; the owner covers water, sewer, trash, and lawn care. Lease expirations (one month-to-month, one in July, two in September) provide steady income now and flexibility to raise rents or renovate at turnover—nearby 2-bed units support higher rates. Whether you plan to occupy one unit and let the others offset your mortgage or simply want a reliable addition to your portfolio, this four-plex offers a strong location, stable tenancy, and clear value-add potential without a major capital outlay. Additional photos and details available on request.
Last checked:
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Last updated Jul 3, 2025
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MLS# 664316 —
The Building
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Year Built:1984
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New Construction:false
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Construction Materials:Frame
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Levels:One
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Stories:1
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Roof:Shingle
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Foundation Details:Slab
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Window Features:Blinds
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Patio And Porch Features:Patio
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Building Area Total:3700
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Building Area Units:Square Feet
Interior
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Interior Features:Baseboards
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Flooring:Tile
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Kitchen Features:Laminate Counters
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Laundry Features:Inside
Room Dimensions
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Living Area Units:Square Feet
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Living Area:3700
Location
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Directions:From Olive Rd, turn North on Stonebrook Dr, quadplex is on your right just before you reach the end of the street.
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Latitude:30.513306
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Longitude:-87.236161
The Property
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Parcel Number:201S302101034004
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Resale
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Lot Features:Interior Lot
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Lot Size Units:Acres
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Zoning Description:Res Multi
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Horse:false
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Other Structures:Storage
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Road Responsibility:Road Not Maintained
Listing Agent
- Contact info:
- Agent phone:
- (850) 490-1290
- Office phone:
- (850) 471-5000
Taxes
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Tax Legal Description:BEG AT INTER OF E LI OF LT 3 S/D OF S 1/2 OF SEC 20 PLAT DB 114 P 451 AND NLY R/W LI OF OLIVE FERRY PASS RD N 7 DEG 26 MIN E 808 19/100 FT FOR POB CONT ALG SAME LI 100 03/100 FT N 81 DEG 05 MIN W 130 18/100 FT S 8 DEG 32 MIN 50 SEC W 100 FT S 81 DEG 05 MIN E 132 12/100 FT TO POB OR 8526 P 1212
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Multi Units
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Water Heater
Schools
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Elementary School:Ensley
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Middle Or Junior School:WORKMAN
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High School:Pine Forest
The Community
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Subdivision Name:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/3/25
Jul 3, 2025
|
Sold | PAR | $465,000 | |
7/2/25
Jul 2, 2025
|
Pending | PAR | $465,000 | |
5/25/25
May 25, 2025
|
Sold Subject To Contingencies | PAR | $465,000 |