Four-Unit Quadplex with
Primero, Ponce, PR 00730
For Sale
$325,000
House, Primero, Ponce, PR
Property Size3,189 SF
Lot Size0.01 Acres
Price / SF$101.91
Days on Market76
Property Features for Primero
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Interior features
Exterior features
Lot features
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Amenities
extended porch
carport
Building Details
Year built
Flooring type
Roof type
Additional Structures
Listing Agency:
GAP Real Estate
Listed By:
Gerardo Perez Garcia De Quevedo
(787) 649-2907
Added: Aug 27
Changed: Oct 30
Last Checked: Nov 10 at 7:06PM
MLS# 64304
Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit residential property provides approximately 3,189 square feet of living area across a two-story main structure and rear units. The first-floor residence contains three bedrooms and two bathrooms, while the second-floor residence offers three bedrooms and one bathroom. Two additional rear units each include one bedroom and one bathroom. An extended porch and carport add usable outdoor and covered space. The property was built in 1960, with cement flooring, a concrete roof, storage space, and a water connection.
Three units are currently rented. Located in downtown Ponce’s historic center, the property is near shops, schools, and essential services. Zoning is RT-3, and short-term rentals are allowed according to the listed interior features.
Three units are currently rented. Located in downtown Ponce’s historic center, the property is near shops, schools, and essential services. Zoning is RT-3, and short-term rentals are allowed according to the listed interior features.
Key Highlights
- Four residential units totaling approximately 3,189 square feet of living area
- Unit mix includes two 3‑bedroom residences and two 1‑bedroom rear units
- Three units are currently rented and generating rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,299
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,980
$526.0K
Cap Rate 7%
$375,700
$375.7K
Cap Rate 9%
$292,211
$292.2K
Market Conditions
NOI Build-Up for 3,189 SF
Gross rent
$40.2K $12.60/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$37.6K $11.78/SF
− OpEx
−$11.3K −$3.53/SF
NOI
$26.3K $8.25/SF
Area
Ponce, PR
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,980
Cap Rate 7%
$375,700
Cap Rate 9%
$292,211
Alternative Uses
Best Use
Multifamily LT 5
$375.7K
$328.7K – $438.3K
NOI $26,299 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$339.9K
$297.4K – $396.5K
NOI $23,792 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$518.7K
$453.9K – $605.2K
NOI $36,312 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Demographics for 00730, PR
30,521
Population
17,177
Households
1.8
Avg Household Size
47
Median Age
30%
College-Educated
80%
High-School Grad
6.6 sq mi
ZIP Area
4,624
Density / Sq Mi
$18,077
Median Household Income
$18,722
Median Earnings
$496
Median Rent
$100,700
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer varied layouts, an extended porch, and three occupied units generating rental income.
Where is this quadplex located?
The property is located at Primero Ponce, PR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four residential units totaling approximately 3,189 square feet of living area; Unit mix includes two 3‑bedroom residences and two 1‑bedroom rear units; Three units are currently rented and generating rental income
