Multifamily in Miami, FL 33125
Washburns, 2240 NW 18th St

$1.3M15.6%
$1,080,000
2,736
SqFt
Status
Sold - Apr 10, 2025
Size
2,736 SqFt (254 m2)
Price
$395/SqFt ($4,249/m2)
Type
Multifamily
Built
1971
MLS Number
A11726822
On Site
602 Days
Updated
18 Days ago
Page Views
0
PRIME TURN KEY FOURPLEX INVESTMENT OPPORTUNITY. Unlock this exceptional fourplex located in the highly sought-after 33125 neighborhood, a thriving and developing area minutes from Downtown Miami, Brickell, and The Miami River. This fourplex offers a blend of stability, cash flow and long term growth potential. Rent monthly, annually, or short term. Roof and AC units replaced 3.5 years ago. Kitchens and Bathrooms all renovated. Units feature onsite parking, private patio, and shared laundry. The lot has space to build 4 to 5 additional units, zoned as such.Two tenants are leased through July 31, 2025. Two tenants month to month. Schedule a private showing to explore this incredible asset.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Patio
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Other,Terrazzo
      • Year Built: 1971
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-01-21T09:34:00.000-00:00
        Taxes, Fees & More
        • Taxes: 10031

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        Price History

        Current
        $1.1M
        High
        $1.3M
        Low
        $1.1M
        Total Change
        -15.6%
        $1.3M$1.2M$1.1MJan 25Apr 25
        Date
        Event
        Price
        Change
        Price Per
        04/10/2025
        Sold
        $1.1M
        -15.63%
        $395 ft2
        $4,249 m2
        01/16/2025
        Listed
        $1.3M
         
        $468 ft2
        $5,036 m2
        04/10/2025
        $1.1M
        Event
        Sold
        Change
        -15.63%
        Price Per
        $395 ft2
        $4,249 m2
        01/16/2025
        $1.3M
        Event
        Listed
        Price Per
        $468 ft2
        $5,036 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Esther Victoria ToribioOne Sotheby's Int'l Realty • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        70

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        47

        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        46

        100
        Sound Score®
        Very loud
        63

        100
        Airport Score
        Close to airports. Noticeable airport activity
        6

        100
        Traffic Score
        Congested area. Frequent traffic delays
        42

        100
        Local Score
        Limited local amenities nearby
        2

        100
        Community Snapshot
        $1.1M – $1.2M
        Price Tier
        913 - 5,984
        SqFt Range
        1967
        Year Build

        Miami
        Mid-Tier
        Mid-Tier Homes & Condos