West Palm Beach, FL Multifamily Homes For Sale

One of a kind investment opportunity! This rare offering features 3 lots with 4 buildings. 1 duplex, 4 plex and a single family home and a garage building. Seven rentable units once renovated. The four plex requires a full renovation, making this the perfect value for investors or developers or those looking to build a long term portfolio wealth. Property is sold as is. Buyers must independently verify all information.

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!

Discover this beautifully unique investment opportunity in the heart of west palm beach. Built in 1935, the property features a charming 5-bedroom, 2-bathroom single-family home along with a separate triplex in the rear. The triplex includes a 1-bedroom/1-bath unit, a studio with 1 bath, and a 2-bedroom/1-bath apartment â'' offering excellent income-producing potential. Both buildings had their roofs replaced in 2018. Each unit is individually metered for electricity, and each building has its own water meter for added convenience and management efficiency. Ideally located just minutes from downtown west palm beach and the brightline station, this property provides easy access to clematis street, palm beach outlets, and a wide variety of local dining, shopping, and entertainment options

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.

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.

Cbs duplex with 2 legal units. Front 2/1 currently rented at $1, 750/month. Rear 1/1 rented at $1, 250/month. Approx. 7.2% cap rate. Property sold as is with inspection period. Rear unit available for showings anytime. Front unit may be shown saturdays, afternoon only. Please do not disturb tenant. Great opportunity for owner-occupants or investors.

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 opportunity to acquire this 7.6% + cap rate nwd zoning (can build another story! )turnkey 3 unit income-producing property( approved for 4 rental units ) 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. The owner pays all utilities except for electric for the cottage ( 908 4th) , that has its own meter. For the 2 units in the main house, they are charged for electric. The 1/1 in the back has electric included. Street and alley parking new ac 2022 new water heater 2022 new roof 2022 except cottage

A phenomenal investment opportunity awaits with this charming, fully-rented spanish-style duplex, ideally situated in the highly desirable northwood neighborhood. Built in the 1920s, this property exudes historic character while offering modern practicality. The duplex features two spacious 2-bedroom, 1-bath units, providing immediate and reliable income opportunity. The entire property is securely fenced-in, adding to the privacy and appeal for tenants, while multiple recent upgrades ensure a low-maintenance, turn-key investment. This duplex offers significant opportunity for future appreciation and development. With its attractive classic architecture and fully fenced grounds, there is potential to explore additional income streams or property enhancements. The unbeatable location places residents just minutes from northwood's vibrant scene, including fine shopping, diverse dining establishments, and much more. Secure this unique piece of historic, income-producing real estate today!

Turnkey coastal duplex just minutes from the intracoastal, beaches, and downtown. This fully renovated property features two separate units, each with private driveways, in-unit laundry, and individual utility meters for easy management. The spacious 2br/1ba and updated 1br/1ba both offer modern finishes, wood-look flooring, shaker cabinetry, and stainless appliances. Ideal for investors seeking immediate rental income or owner-occupants looking to offset their mortgage. Strong rental demand, prime location, and true flexibility make this a smart income-producing opportunity.

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.

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.

Prime investment opportunity in west palm beach! This well-maintained triplex at 4610 hairland drive offers incredible potential for savvy investors or owner-occupants. Perfectly situated in a central location, you are minutes away from shopping, dining, major highways, and local beaches—putting the best of the city right at your doorstep. The property sits on a generous lot with significant value-add potential. There is ample extra space available to construct an additional unit, providing an immediate path to increased rental income. Furthermore, the expansive grounds offer the ability to expand the parking area, accommodating more tenants or guests with ease. With its versatile rm zoning and central proximity, this property is a rare find designed for growth.

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.

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.

Well-maintained detached duplex near riviera beach marina, offering strong investment potential. This property features new stucco, fresh interior and exterior paint, impact windows, tankless water heater, and central a/c in both units. Each unit includes a renovated kitchen and functional layout, providing reliable rental appeal. The duplex consists of two units (3/1 and 2/1) and is ideally located just minutes from the beach. Excellent opportunity for investors seeking steady income or owner-occupants looking to offset expenses. Approximate gross annual income: $43, 500

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!

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.

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.

This property is fully assumable with a 2.99% interest rate. 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.