This home's estimate is 15.6% higher than the average sale price ($210K) of 5 comparable homes.
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2437 Kelso Rd Unit A & B, Pensacola, FL 32514
About this home
PRICED WELL BELOW MARKET VALUE with a cap rate of around 12!! Industry Standard is around 6-7 meaning this produces almost double of. an investment typical to it! *** Rent Potential: $26,400 annual income or better or around $100k annual for all 8 units!! * BRAND NEW ROOF, new wiring, new water heater, new Air Con ditioner/Heater *** One side of the duplex has been completely updated: all new paint, flooring, cabinets and countertops, appliances, and more! * The other side is also in great condition * Either live in one side to start your investment portfolio while producing income, or continue to lease both sides for maximum cash flow! * Both units are leased for approx $1050-1100/each (please confirm at time of contract) * Situated just south of 9 Mile Rd & Davis Hwy, the duplex is right outside the UWF campus, and close to all of the amenities of 9 Mile Rd, including the Navy Federal campus~ you cannot find a better location with potential for substantial appreciation, in addition to the cash flow ***** Please verify all features, dimensions, measurements (including sq ft of each unit), etc that may be important to you ** Seller is Broker of Record, and is a licensed Real Estate Broker in FL and AL
Redfin Estimate
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Market trends in 32514, FL
Last updated September 2026
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Sale history for 2437 Kelso Rd Unit A & B
$400/sq ft
$383/sq ft
$417/sq ft
$442/sq ft
$475/sq ft
$492/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking / Garage Information
- Has Open Parking
- Parking Features: Driveway
Interior
- Virtual Tour
- Bathroom Information
- # of Bathrooms (Full): 2
- Interior Features
- Flooring: Tile, Carpet
- Window Features: Blinds
Exterior
- Exterior Features
- Allows Horses: No
- Roof: Shingle
- Lot Information
- Lot Size Dimensions: 100 x 210
- Lot Size Units: Acres
- Lot Features: Interior Lot
- Land Information
- Water Source: Public
- Property Information
- Property Condition: Resale
- New Construction: No
- Appliances: Electric Water Heater, Refrigerator
- Laundry Features: W/D Hookups
- Road Responsibility: County Maintained Road
- Building Information
- Building Area Total: 1,500
- Building Area Units: Square Feet
- Foundation Details: Slab
- Levels: One
- Construction Materials: Frame
Financial
- Tax Information
- Tax Legal Description: LTS 3 4 AND W 50 FT OF LT 23 BLK 19 FERRY PASS HTS PB 1 P 64 OR 8983 P 1326 SEC 4/15/16 T1S R30W
Utilities
- Utility Information
- Electric: Copper Wiring
- Sewer: Septic Tank
- Heating & Cooling
- Has Cooling
- Has Heating
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central
Location
- Location Details
- Directions: Driving EAST on E Nine Mile Rd, turn RIGHT (South) on Kelso Rd * Duplex is second gray one on the RIGHT
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Escambia County
- APN: —
Around this home
Schools
Public PreK-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 5.8mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 32514
Home values near 2437 Kelso Rd Unit A & B
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 2397 Sq. Ft. | $263,940 |
2 Beds | 2 Baths | 650 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1444 Sq. Ft. | — |
- Beds | 2 Baths | 980 Sq. Ft. | $286,729 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 750 Sq. Ft. | $390,901 |
- Beds | 1 Baths | 1264 Sq. Ft. | $141,229 |
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