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Two-Unit Duplex Investment Property
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4108 Greenwood Avenue, West Palm Beach, FL 33407

Duplex with two separate units and individual electric meters, currently leased to long-term tenants.

Property Size4,953 SF
Price / SF$75.29
Days on Market357

Property Features for 4108 Greenwood Avenue

General Information

Standard status Active
Size 4,953 SF
Property subtype Multifamily
Zoning SF7(ci
Net Operating Income $37,200

Building Details

Year Built 1947
Units 2
Listing Agency: LoKation
Listed By: Arkeshia Love · License #3564977
Source: Crexi
Added: Aug 21, 2025 Changed: Aug 10 Last Checked: Aug 10 at 7:09AM

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 LoKation

Investment Insights

Based on property information with market context.

This for-sale duplex features two separate units, each with its own electric meter. The property is currently rented to long-term tenants, providing existing residential income and tenancy in place. The offering also presents an opportunity for a new owner to evaluate the units and consider updates to better align the spaces with current leasing expectations.

The property is located at 4108 Greenwood Avenue in West Palm Beach, Florida. It is presented as a residential income asset with a straightforward two-unit layout, allowing for separate utility metering by unit. The duplex configuration is designed for ease of operation from an owner-management perspective.

For buyers or investors seeking a small multi-family asset, this two-unit structure can be a practical fit because it offers two independent electric services and an in-place tenant base. Prospective purchasers can review the current lease status and the condition of each unit as part of their underwriting and determine the approach they want to take with leasing, repairs, or interior refreshes. This is a concise, manageable duplex opportunity for those looking for residential income property with separate utilities for each unit.

Key Highlights

  • Duplex with two separate units
  • Each unit has its own electric meter
  • Rented to long‑term tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Cafe & Coffee Shop Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

Demographics for 33407, FL

34,558
Population
15,147
Households
2.3
Avg Household Size
35
Median Age
26%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
3,491
Density / Sq Mi
$56,606
Median Household Income
$34,886
Median Earnings
$1,551
Median Rent
$290,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two separate units and individual electric meters, currently leased to long-term tenants.
Where is this duplex located?
The property is located at 4108 Greenwood Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $372,900.
What are key features of this property?
This property features: Duplex with two separate units; Each unit has its own electric meter; Rented to long‑term tenants
(954) 993-8560 Call to check price and availability
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