West Palm Beach, FL Multifamily Homes For Sale

Investor opportunity! This spanish mission-style was built in 1926 with original features such as arched design, hardwood floors, plaster walls. Property is located on large corner lot and the present use is a duplex. Front unit is a 3 bedroom, 2 bath with kitchen, living room, dining room, garage and porch. Back unit is a 1 bedroom, 1 bath with living and kitchen. No hoa! Great location near phipps park, shopping, restaurants, entertainment, and pbi airport. Priced to sell! Please do not disturb tenant!

Prices almost $100k below appraised value. Major opportunity! Can redevelop or leave as is . Lots of possibilities. Historic property . Send offer.

Completely renovated 2bedroom 2 bath and studio with bath and small kitchen. Tenant occupied cap rate 12% updated electric, water heater and hvac.

Eclectic unique property opportunity zoned for mixed use. Small cathedral + duplex. Located in a new hip community near downtown; marina; nora district. Close to expressway and a stone's throw from palm beach.

This is the investment you are looking for in the center of west palm beach few blocks from good samaritan hospital. Each side of the unit contains 3bedrooms and /2 baths. Start your journey there to build your success.

Fantastic opportunity! Spanish mission style home with guest house in the heart of northwood. The home has many of the original features, arched entries, high ceilings, original fireplace and pine hardwood floors spacious 2 story main house: central ac and impact windows, 3 bedrooms/2 bath, sun porch entry, formal living room with fireplace, formal dining room, 3 bedrooms upstairs, large inside utility room with washer/dryer hookup.. Guest house: 1, 410 sq ft, 2 bedrooms/1 bath, enclosed front porch, living room, dining, open kitchen concept, washer/dryer inside, and 1 car garage. Ac window units in guest house. No hoa and phenomenal investment opportunity. Located near shopping, restaurants and the newly opened nora district. Must see to appreciate!

Discover a rare opportunity to own a value-add quadplex in the heart of west palm beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3, 750 with individual rents of $1, 200, $1, 250, and $1, 300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from downtown, the beach, worth avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the palm beach international airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-by viewings only until receiving a qualified offer. Please do not disturb tenants.

Rare investment opportunity with a front single-family home (3/1, approx. 1, 600 sf) and a two-story duplex in the rear. Duplex includes a 4/2 upstairs $2, 000 per month lease expires 6/30/27. 3/1 downstairs vacent and rents for $1, 800-$1, 900. Front house leased for $2, 400 month-to-month creating flexibility for rental increases or future redevelopment. Total rents up to $6, 300 or more. Front home features a/c (2018), . Rear units include newer wall a/cs and water heater (2016). Below-market rents provide built-in value-add. Drive-by only--please do not disturb tenants. According to the west palm housing authority, market rates for a 3-bedroom unit are $2, 590 and for a 4-bedroom unit are $3, 130. Additional features: utilities: three separate electric meters, one shared water meter (average $300 per month) lawn care: approximately $60 per month investment highlights: immediate upside: rents are currently below market, with the opportunity to increase to align with west palm housing authority rates, totaling $8, 310 per month across all units. Strong rental demand: close to employment hubs, clematis street, and major transit routes including i-95, brightline, and palm beach international airport. Area revitalization: northwood is undergoing significant redevelopment, leading to increasing property values and rental demand. Strategic location: steps from the northwood historic district, 1.8 miles from downtown west palm beach, and minutes from the intracoastal. Why invest here? This property offers strong rental income potential, a prime location, and long-term appreciation, making it an excellent investment for steady cash flow and future growth. Whether you are looking to maximize rental income or owner-occupy a unit, this opportunity provides flexibility and potential in one of south florida's most promising markets.

Attention investors – turnkey cash flow property! Fully renovated triplex in west palm beach generating immediate income. All three units are rented with strong monthly revenue already in place. Updated kitchens, modern bathrooms, and independent layouts maximize tenant appeal and rental stability. Total of 3 units with solid occupancy in a high-demand rental area. Property sits on a spacious lot with ample parking and no hoa. Perfect for investors seeking stable cash flow, long-term appreciation, and a performing asset from day one. Do not disturb tenants. Serious inquiries only.

Great duplex investment opportunity, 2 bed 1 bath each side and both sides are currently rented. One for $2000.00 per month and the other $1800.00 per month. Call today for more information.

Exceptional opportunity to acquire this 8.68% + cap rate nwd zoning (can build another story! )turnkey 4 unit income-producing property located in the path of progress, just steps from the $1 billion nora development, which is now open! The property is also steps away from city place, the bright line, and minutes from ocean beaches, worth avenue, and pbi airport . Three structures featuring four approved rental units: the main house has a 3 br/ 1.5 ba unit, & a 5br /2ba unit; a 1br/ 1ba guest house; and a studio/1 ba cottage. This 6, 534 sf lot enjoys nwd zoning. New roof 2022, renovations in 2023. Offered turnkey & furnished. Please do not disturb the tenants. Financials & zoning info in documents, reach out for videos and with any questions.

Beautifully renovated duplex with with 4-bedrooms, 4-bathrooms each unit. Boasting fresh paint, new appliances and a modern spacious kitchen. Washer and dryer inside the building. Close to downtown west palm beach, and the historic charm of the northwood historic district.

Welcome to this fantastic investment opportunity under normal market prices! This property boasts two separate units, each with their own electric meter, providing a great investment opportunity for investors.Currently, the property is rented out to long-term tenants at under market value, which means there is a significant opportunity for an increase in rental income. With the potential to revamp the space, this property provides a unique opportunity for those looking for properties with a high chance to increase their income.Don't miss out on this incredible investment opportunity. Call us today to schedule a viewing and take the first step towards having an investment.

Exceptional investment opportunity! Triplex: turnkey renovated: each unit: 2 bed, 1 bath, eat in kitchen, living room/dining room, air conditioned, high tech new roof, fully rented, parking, in the heart of west palm beach, 5-10 min to beaches, shopping, schools call now: water and electric meters (tenants pay own utilities). See broker remarks.

Cbs duplex with 2 legal units. Front 2/1 is tenant occupied at $1, 750/month. Rear 1/1 is tenant occupied at $1, 350/month. Total gross income $37, 200/year. Tenants pay water and electric. Property sold as is with inspection period. Do not disturb tenants. Showings by appointment only with accepted offer and proof of funds. Ideal investment opportunity.

This versatile 2-bedroom, 1-bath property offers both opportunity and convenience. Just minutes from i-95, the palm beach zoo, and cityplace, you'll enjoy easy access to shopping, dining, and entertainment. Featuring a functional layout and a spacious open patio perfect for relaxing or entertaining, this property also offers the added benefit of no hoa restrictions. Configured as two separate living spaces, it presents an excellent opportunity for rental income or a smart live in one, rent-the-other strategy. With conventional 5% down financing options available, ownership is more accessible than ever. Whether you're expanding your investment portfolio or looking for a flexible place to call home, this property delivers location, value, and potential all in one.

Investor opportunity in the desirable soso / hillside park area of west palm beach. This 1926 spanish colonial triplex is surrounded by mature trees and palms and offers a classic spanish style main house plus two studio apartments. Zoned for up to 5 units per tax records, providing excellent income and value-add potential. Located 5 minutes to downtown west palm beach and pbi airport (outside flight path), 10 minutes to the beach, and close to restaurants, parks, and entertainment.

Property qualifies for special financing thru motto mortgage! Very unique investment property. 1 single family home and 1 duplex on the same .58 acre lot. Live in the house and rent out the duplex. All 3 units are currently occupied by very long-term tenants. Start making income immediately. Super location right off okeechobee blvd behind the tesla dealership. Easy access to shopping and bus routes. Oversize corner lot with plenty of room for expansion. Duplex has impact windows. The house has a 20x22 living room and an open floor plan from kitchen dining room and living room. The living room has a stone feature wall ceiling to floor. The master bedroom is 15x15'8'' and walk in closets in both bedrooms. The 2nd bedroom is 12x12. New a/c june 2019.

Great investment opportunity in the heart of rapidly growing downtown west palm beach. This property features a unique 3 unit property, with a single family structure in the front and a two story duplex in the back. All 3 units are currently rented. The tenants in the single family home are in a month to month lease and the tenants in the duplex have leases through march and may of 2026. Located just blocks away from restaurants, shopping, parks, mass transit and more. The single family home has a fenced in yard and plenty of parking in the back of the duplex. Leasing information available upon request. Showings after accepted contract.

This duplex has 2 separate houses on one property. Exceptional investment opportunity, perfect for both seasoned investors and first-time buyers looking to generate rental income. Situated in a vibrant neighborhood, this property is just minutes away from local amenities, including shopping, dining, and entertainment options. With easy access to major highways and public transportation, residents can enjoy the best of what west palm beach has to offer. The property comprises two well-designed units, each featuring generous living spaces, modern kitchens, and ample natural light. The layouts are ideal for families or professionals seeking comfort and convenience. The building has been thoughtfully maintained with recent upgrades.

Great investment opportunity in the northwood neighborhood. Close to downtown, shopping, hospitals and the highways. 2 buildings, comprised of a 2 bed/1bath and a 1 bed/1bath. The 2/1 currently rented.

Duplex property located near nora district, downtown wpb and schools. Concrete block, new roof 2024, impact windows, modern tile floors, central a/cs. Two units: each unit is 3 bed 2 bath, separate electric and water meters per unit. Current total monthly gross rent is $5, 860 or annually $70, 320 and leased through december 2026. This is a turn-key opportunity to add this cash-flowing property to your investment portfolio. Showings will be granted with an accepted offer, please do not disturb tenants. Please text me for quicker response time.

Single family home ''with a detached duplex apartment building'' with strong cash flow, just blocks from the intracoastal waterways!!! The spacious single family home features 2 bedrooms, 1 bathroom, hardwood floors in the main living areas & bedrooms, ceramic tile in the updated bathroom & kitchen. The detatched duplex'' (2/1 on the 2nd floor, 1/1 on the 1st floor) features carpet and ceramic tile throughout with updated kitchens & baths. Washer and dryer in an extremely quiet neighborhood near city place, restaurants, shops, i-95 and so much more!! Call today to schedule a showing!!!

Don't miss this incredible opportunity to own an updated duplex, perfect for generating passive income! This property features two units, each with appliances, ac units, and water heaters, all on separate meters for convenience. Impact windows throughout. Excellent flexibility for investors or owner-occupants. The front unit is a 3-bedroom, 1-bath with hardwood floors, modern white kitchen with stainless steel appliances, in in-unit washer and dryer, a/c, and water heater 2020. Currently rented, providing immediate rental income. The back unit is a beautifully renovated 2-bedroom, 1-bath with its own washer and dryer, also currently rented. Live in one side and rent the other, or rent out both for maximum return! Conveniently located near us-1, i-95, downtown west palm beach, shopping, dining, and just minutes to the beach.

West palm duplex with individual water/electric meters with own washer/dryer utility closets. Each unit is a mirrored sized 2 bedroom 1 bath. Being offered at a price point with excellent cap rate potential possible with minimal improvements. 2026 hud fair market rent for 2 bedrooms in 33401 zip code at $2, 270.00.

Turnkey fourplex available in west palm beach featuring four 1-bedroom, 1-bathroom units; all but one unit is unoccupied. This well-maintained income-producing property offers stable rental revenue and is ideally located near downtown west palm beach, major shopping destinations, restaurants, and convenient access to i-95.

Rare income-producing duplex in west palm beach's sought-after south end — fully occupied, corner lot, huge yard all totaling to 6, 386 sq ft! This classic 1925-built property offers 1, 644 sq ft across two tenant-occupied units with major upgrades already done: roof 4-5 years old and impact windows throughout. Minutes from downtown wpb, the intracoastal, antique row, and pbi airport. Whether you're a seasoned investor or first-time buyer looking to house-hack, 528 churchill rd delivers established income and long-term upside in one of south florida's fastest-appreciating corridors. Shown by appointment only — do not disturb tenants. Pof or pre-approval letter needed before showing.

Charming spanish mission-style multi‑family triplex positioned near the beaches and intracoastal waterway, and just minutes from downtown northwood with its vibrant shops and restaurants. Downtown west palm beach is approximately a 15‑minute drive, with additional shopping and dining nearby, including tanger outlets. This well‑located property is ideal for investors seeking stable rental income or for a residential buyer looking to offset living expenses through income‑producing units. The layout offers exceptional flexibility—live in the spacious main house while renting the two additional units, or lease all units for maximum return. There is no hoa, enhancing long‑term investment value. The main residence features 3 bedrooms and 1 bath, while the separate rear building includes a 1bedroom, 1bath unit and a studio. Separate electric meters add convenience and efficiency for both owners and tenants. With strong rental demand and a desirable coastal location, this property presents an outstanding opportunity for both portfolio growth and lifestyleplusincome living.

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!