Rented Duplex Income
For Sale
$619,900
2345 NW 65th St, Miami, FL 33147
MULTI_FAMILY - Miami, FL
Property Size1,808 SF
Lot Size0.19 Acres
Price / SF$342.87
Days on Market39
Property Features for 2345 NW 65th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
5
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 5
Parking
4
Subdivision
22ND AVE HEIGHTS
Lot features
< 1/4 Acre
Standard status
Active
APN
30-31-15-018-0530
Size
1,808 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
15 53 41 22ND AVE HTS PB 45-3 LOT 15 BLK 4 LOT SIZE 60.000 X 136
Tax Annual Amount
8723
Legal Description
15 53 41 22ND AVE HTS PB 45-3 LOT 15 BLK 4 LOT SIZE 60.000 X 136
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1967
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Roylan Valdivia · License #3224891
(786) 752-1069
Added: Jun 23
Changed: Jul 29
Last Checked: Jul 31 at 11:06PM
MLS# A12019145
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully rented duplex features two separate residential units. One unit offers three bedrooms and one bathroom, and the second unit offers two bedrooms and one bathroom. The property includes a total of 1,808 square feet of living area on an 8,160 square foot lot.
The duplex was built in 1967 and includes two separate electric meters, supporting tenant convenience. The listing indicates stable occupancy.
The configuration includes two distinct living layouts within a duplex structure, making the building suitable for investors seeking income from existing rental tenancy.
The duplex was built in 1967 and includes two separate electric meters, supporting tenant convenience. The listing indicates stable occupancy.
The configuration includes two distinct living layouts within a duplex structure, making the building suitable for investors seeking income from existing rental tenancy.
Key Highlights
- Fully rented duplex with two units: 3‑bedroom/1‑bath and 2‑bedroom/1‑bath
- Combined monthly income of $5,100 (per public remarks)
- 1,808 sq ft of living area on an 8,160 sq ft lot
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.3k | $30.60 |
| − Vacancy | −$3.5k | −$1.95 |
| EGI | $51.8k | $28.65 |
| − OpEx | −$15.5k | −$8.60 |
| NOI | $36.3k | $20.06 |
1,808 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$518.0K
$453.3K – $604.3K
NOI $36,260 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$477.1K
$417.5K – $556.7K
NOI $33,400 @ 7.0% cap · market cap 5.39%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,429 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully rented duplex with two separate units, each with its own electric meter.
Where is this duplex located?
The property is located at 2345 NW 65th St Miami, FL.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Fully rented duplex with two units: 3‑bedroom/1‑bath and 2‑bedroom/1‑bath; Combined monthly income of $5,100 (per public remarks); 1,808 sq ft of living area on an 8,160 sq ft lot
