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Multifamily in West Palm Beach, FL 33417West Palm Beach No HOA, 4559 Cole St
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OFF MARKET
Beds
1,684
SqFt$356
$/SqFtMultifamily
Built in 1959
Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches—highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!
MLS Number: R11147186
On Site: 278 Days
Updated: 108 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central, Electric, WallFurnace
- Cooling Description: CentralAir, CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1959
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-12-12T09:35:09.000-00:00
Taxes, Fees & More
- Taxes: 4599
- Total Units in Building: 3
- Total Units in Complex: 3
Apples-to-Apples Comparables
Price History
Current
$600K
High
$675K
Low
$600K
Total Change
-11.1%Date
Event
Price
Change
Price Per
03/24/2026
Price Reduced
$600K
-4.75%$356 ft2
$3,835 m2
03/18/2026
Price Reduced
$630K
-0.8%$374 ft2
$4,026 m2
02/23/2026
Price Reduced
$635K
-3.79%$377 ft2
$4,059 m2
02/19/2026
Price Reduced
$660K
-0.75%$392 ft2
$4,219 m2
01/19/2026
Price Reduced
$665K
-1.48%$395 ft2
$4,251 m2
12/12/2025
Listed
$675K
$401 ft2
$4,315 m2
03/24/2026
$600K
Event
Price Reduced
Change
-4.75%Price Per
$356 ft2
$3,835 m2
03/18/2026
$630K
Event
Price Reduced
Change
-0.8%Price Per
$374 ft2
$4,026 m2
02/23/2026
$635K
Event
Price Reduced
Change
-3.79%Price Per
$377 ft2
$4,059 m2
02/19/2026
$660K
Event
Price Reduced
Change
-0.75%Price Per
$392 ft2
$4,219 m2
01/19/2026
$665K
Event
Price Reduced
Change
-1.48%Price Per
$395 ft2
$4,251 m2
12/12/2025
$675K
Event
Listed
Price Per
$401 ft2
$4,315 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mohammed Ismail • Illustrated Properties • Buyer Agency Compensation .
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Scores
0
100
28
100
82
100
0
100
24
100
0
100
Community Snapshot
Studio – 5 BR
Bedrooms
$165K – $6M
Price Tier
528 - 5,652
SqFt Range
1964
Year Build
1
Total Floors
Subdivision Amenities
None
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