West Palm Beach, FL Multifamily Homes For Sale

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: 1972 sq ft. - 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!

Completely renovated manufactured home you own the land . No hoa fees or rules. There is a 1/1 and 2 studios with bath and small kitchen. Tenant occupied long term cap rate 12% updated electric, water heater and hvac. Seller financing available for the right buyer with $ 60, 000 down and $2500 per month room for expansion

Completely renovated manufactured home you own the land . No hoa fees or rules. There is a 1/1 and 2 studios with bath and small kitchen. Tenant occupied long term cap rate 12% updated electric, water heater and hvac. Seller financing available for the right buyer with $ 60, 000 down and $2500 per month room for expansion

Discover an exceptional investment opportunity in the heart of west palm beach with this well-maintained quadruplex. Each of the four units offers a comfortable 2-bedroom, 1-bathroom layout, delivering strong income-producing potential and consistent rental appeal. Individually metered for both electricity and water, each unit operates independently, simplifying management and reducing overhead for the savvy investor. Ideally situated just minutes from downtown west palm beach and the brightline station, this property offers tenants unbeatable access to clematis street, palm beach outlets, and an abundance of local dining, shopping, and entertainment. Whether you're expanding your portfolio or stepping into real estate investment for the first time, this quadruplex checks every box.

Excellent income producing multifamily opportunity on a generous 0.52 acre lot, ideally located just minutes from the florida turnpike for easy access and strong rental appeal. This property features a 2-bedroom, 1-bathroom single-family home plus a duplex (two 2/1), offering three total units with a proven track record of consistent rental income. All tenants are currently on month-to-month leases, providing flexibility for investors or owner-occupants. The duplex has been updated with modern kitchens and bathrooms, impact windows, and low-maintenance tile and laminate flooring throughout. The single-family home includes tile and carpet flooring, hurricane shutters, and a roof that is approximately 3 years old. The property is serviced by two separate septic systems. All three units feature central a/c for tenant comfort. Additional highlights include a storage shed at the rear of the property. With strong rental history, recent updates, and a highly accessible location, this property presents a compelling investment opportunity with immediate income and future upside.

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.

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.

Excellent duplex opportunity in a highly desirable area! This income-producing property features 2 separate units, each offering 2 bedrooms and 2 bathrooms, including a primary suite with a private bathroom. Both units have their own laundry area and separate electric meters, providing added convenience and flexibility. The property has been occupied by long-term, stable tenants for many years, making it an attractive investment opportunity. With a total of 4 bedrooms and 4 bathrooms, this duplex is ideal for investors seeking reliable rental income or families looking for versatile living arrangements. Ample parking and a convenient location near shopping, dining, schools, and major roadways add to its appeal.

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.

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.

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.

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.

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 $1, 800 until april 2027. Front house leased for $2, 400 month-to-month creating flexibility for rental increases or future redevelopment. Total rents up to $6, 200 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.

*****investors look at the cap rate *******excellent investment opportunity in growing area, this listing consists of a 3 bedroom 1 bath house, a 1 bedroom eff / mother inlaw , and 2 (2) bedrooms 1 bath each , separate building , centrally located just a few blks from intercoastal, close to i-95, schools, parks, two separate blds, on an oversized lot.Potential laundry room, possible coin laundry for extra income, or tear down and build 2 townhomes, possibly 3 with permission, etc..

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. Single family home is rented. The downstairs rear unit is vacant and listed for $1700 per month. The tenants in the single family home are in a month to month lease and the tenants in the duplex unit 2 have a lease through 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. The duplex in the back does not have separate water meters, so the owner pays $200-250 per month for water. Single family home is built in 1921 and is frame. Duplex is built in 1960 and is cbs

Exceptional investment opportunity! Triplex: turnkey renovated: each unit: 2 bed, 1 bath, eat in kitchen, living room/dining room, air conditioned, high tech 2025 roof, fully rented, parking, in the heart of west palm beach, 5-10 min to beaches, shopping, schools. Approx. 1 mile from nora district. Call now: separate water and electric meters (tenants pay own utilities). See broker remarks.

*****investors look at the cap rate *******excellent investment opportunity in growing area, this listing consists of a 3 bedroom 1 bath house, a 1 bedroom eff / mother inlaw , and 2 (2) bedrooms 1 bath each , separate building , centrally located just a few blks from intercoastal, close to i-95, schools, parks, two separate blds, on an oversized lot.Potential laundry room, possible coin laundry for extra income, or tear down and build 2 townhomes, possibly 3 with permission, etc..

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.

Great investment opportunity. All 4 units are currently leased. 1 is month to month the other 3 have approximately 6 months left to their leases. Call today to make an appointment to view the property.

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!!!

Investor special! Priced for quick sell. This meticulously renovated duplex offers a income producing opportunity. Both units have been renovated. Unit specifications (two identical units)layout: 2 bedrooms / 1 bathroom per side.Rental income: $3850 a month lease ends: february 2027 and april 2027kitchen: solid wood cabinetry, granite countertops, quartz countertops and modern appliances.Both units rented on annual lease.Climate: individual central ac systems for each unit.Convenience: in-unit washer and dryer included in both residences.Infrastructure & "peace of mind" upgradesunlike most vintage properties in wpb, this building has been modernized for maximum durability and insurance savings:full impact protection: high-efficiency impact windows and doors throughout (significant insurance premium reduction).Zero cast iron: all original cast iron plumbing has been fully replaced with pvc piping.Updated electrical: both units have been completely rewired to current code.Modern systems: central hvac and updated water heaters.New roof: 2026

This income-producing duplex presents a fantastic opportunity for both investors and owner-occupants seeking flexibility, space, and long-term potential in a convenient west palm beach location. Situated on a generously sized lot with ample parking and outdoor space, this property features two separate units—4727 and 4729 myrtle lane—each offering comfortable layouts, updated features, and private entrances. Unit 4729 is currently tenant-occupied, providing immediate rental income potential. Continuation.... Inside, you'll find bright and functional open-concept living and dining areas with neutral tile flooring throughout, recessed lighting, and a seamless flow perfect for everyday living and entertaining. The updated kitchens feature granite countertops, rich wood cabinetry, stainless steel appliances, modern fixtures, and plenty of cabinet and prep space, creating a stylish yet practical environment for cooking and gathering. The property offers spacious bedrooms and well-appointed bathrooms, making each unit comfortable for tenants or extended family living arrangements. Large windows throughout provide excellent natural light, while the practical floor plans maximize usable living space. The expansive backyard offers additional outdoor potential with room for entertaining, relaxing, or future enhancements. Whether you're looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this duplex delivers versatility and value. Conveniently located near major roads, shopping, dining, schools, and local amenities, the property offers easy access to everything west palm beach has to offer. Property features include: duplex with two separate units: 4727 & 4729 myrtle lane unit 4729 currently tenant-occupied spacious living and dining areas updated kitchens with granite countertops stainless steel appliances tile flooring throughout recessed lighting large backyard and outdoor space ample parking excellent investment or owner-occupant opportunity a rare chance to own a multi-unit property with strong income potential, functional layouts, and desirable upgrades in a growing west palm beach location.

Wonderful opportunity to purchase this duplex. Great for investors. 2/1 unit a and 2/1 unit b

Welcome to this single-story duplex situated in the gramercy park unit 1 community in west palm beach, florida. Offering 1, 848 square feet of finished living space, this property provides a practical floor plan designed for comfortable daily living. The duplex format presents an excellent opportunity for investors or owner-occupants seeking versatile real estate options. Located in west palm beach, this residence combines convenience with residential appeal. This is an outstanding opportunity to own property in an established community. Each unit has their own separate laundry roon with full size washer and & dryer. Separate electric and water meters.

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.

Nicely renovated 4 plex in mercer park. Mercer park is a growing community within walking distance of down town west palm beach. Renovation includes new kitchens, new bathrooms, hard surface flooring, newer appliances, lighting fixtures plumbing fixtures, etc. Includes off street parking for 7 cars. Units 3 and 4 have an outside deck. Good cash flow with rents of $72, 540/yr.

Investor special! This meticulously renovated duplex offers a income producing opportunity. Both units have been renovated. Can get 6% cap rate. Unit specifications (two identical units) layout: 2 bedrooms / 1 bathroom per side. Rental income: $3850 a month lease ends: february 2027 and april 2027 kitchen: solid wood cabinetry, granite countertops, quartz countertops and modern appliances. Both units rented on annual lease. Climate: individual central ac systems for each unit. Convenience: in-unit washer and dryer included in both residences. Infrastructure & "peace of mind" upgrades unlike most vintage properties in wpb, this building has been modernized for maximum durability and insurance savings: full impact protection: high-efficiency impact windows and doors throughout (significant insurance premium reduction). Zero cast iron: all original cast iron plumbing has been fully replaced with pvc piping. Updated electrical: both units have been completely rewired to current code. Modern systems: central hvac and updated water heaters. New roof: 2026