Two-Unit
New
For Sale
$789,000
158 E 4th St, Hialeah, FL 33010
Two separate residences include a three-bedroom main home and a rear apartment with its own kitchen and laundry.
Property Size2,065 SF
Price / SF$382.08
Days on Market3
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Property Features for 158 E 4th St
General Information
Standard status
Active
Size
2,065 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,777
Building Details
Building Size
2,065 SF
Year Built
1922
Buildings
1
Listing Agency:
Island Living Realty, LLC
Listed By:
Liest Castella · License #3173908
(305) 773-6731
Source:
Batrare
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 1:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Island Living Realty, LLC
Investment Insights
Based on property information with market context.
The 2,065-square-foot duplex contains two independent living areas. The main residence has three bedrooms, two bathrooms, a modern kitchen with quartz countertops, and laminate flooring. A separate rear residence provides one bedroom, one bathroom, its own quartz-countertop kitchen, and private laundry. The original house shell remains, while the rest of the property was newly constructed. Impact-resistant windows and doors, a concrete driveway, on-site parking, and fencing are also present.
The property is near grocery stores, public transportation, highways, schools, and a post office in Hialeah.
The property is near grocery stores, public transportation, highways, schools, and a post office in Hialeah.
Key Highlights
- 2,065‑square‑foot duplex with two independent living areas
- Main residence has 3 bedrooms and 2 bathrooms
- Separate rear residence includes 1 bedroom, 1 bathroom, its own kitchen, and private laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,683
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,660
$593.7K
Cap Rate 7%
$424,043
$424.0K
Cap Rate 9%
$329,811
$329.8K
Market Conditions
NOI Build-Up for 2,065 SF
Gross rent
$45.8K $22.20/SF
− Vacancy
−$3.4K −$1.67/SF
EGI
$42.4K $20.54/SF
− OpEx
−$12.7K −$6.16/SF
NOI
$29.7K $14.37/SF
Area
Hialeah, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,660
Cap Rate 7%
$424,043
Cap Rate 9%
$329,811
Alternative Uses
Best Use
Multifamily LT 5
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$395.0K
$345.7K – $460.9K
NOI $27,653 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$812.8K
$711.2K – $948.3K
NOI $56,895 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,102
Businesses Nearby
Explore this area
Business Placement
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include a three-bedroom main home and a rear apartment with its own kitchen and laundry.
Where is this duplex located?
The property is located at 158 E 4th St Hialeah, FL.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 2,065‑square‑foot duplex with two independent living areas; Main residence has 3 bedrooms and 2 bathrooms; Separate rear residence includes 1 bedroom, 1 bathroom, its own kitchen, and private laundry
