Attention investors! This income-producing duplex offers immediate cash flow with a combined rental income of approximately $1,800/month. While the property is in need of significant repairs and updates, it presents a great value-add opportunity for those looking to renovate and maximize returns. Both units are currently tenant-occupied, ensuring instant income from day one.This property is ideal for the experienced investor who can unlock its full potential. Whether you choose to hold as a rental, renovate for increased income, or reposition for resale, the possibilities are here.
For sale
$249,900
1507 Avenue I Avenue, Fort Pierce, FL 34950
7beds
2,020sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 416 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 04:25am
Listed by:
Michael F Johnston 772-370-5675,
ARGO Real Estate
Source: BeachesMLS,MLS#: RX-11116043
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Cooling
- Wall/Window Unit(s)
Features
- Stack Bedrooms
- Flooring: Other
Interior area
- Total structure area: 2,110
- Total interior livable area: 2,020 sqft
Property
Parking
- Parking features: None
Features
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 6,960 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 240481500040006
- Zoning: Medium
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Block, Frame
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Separate Electrical Meters
- Sewer: Public Sewer
- Water: Public, Separate Water Meters
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: None
- Subdivision: Hillcrest Subdivision
Location
- Region: Fort Pierce
Financial & listing details
- Price per square foot: $124/sqft
- Annual tax amount: $2,596
- Date on market: 8/15/2025
- Listing terms: Cash
- Tenant pays: Cable TV, Electricity, Repairs, Sewer, Water
- Electric utility on property: Yes
- Loading
- Loading