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Income-Generating Triplex
For Sale
$349,900

4150 PEAR Rd, Mulberry, FL 33860

Triplex offering two 2-bedroom units and one 1-bedroom unit with current rental income.

Property SizeContact for details
Days on Market52

Property Features for 4150 PEAR Rd

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1979
Tenancy Multi
Listing Agency: THE EXPERTS TEAM REALTY INC
Listed By: Maria Vega · License #3141269
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 4 at 10:49AM

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 THE EXPERTS TEAM REALTY INC

Investment Insights

Based on property information with market context.

This income-producing triplex includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property is currently occupied, providing an opportunity for an owner to assume ongoing residential rental operations. In addition to the interior living space, the triplex sits on a large lot with outdoor area.

The property is located in Mulberry, Florida, with convenience to shopping, dining, and major roadways. Bike and walking scores indicate the area is more car-dependent than walkable, aligning with a tenant base that relies on nearby driving access for daily errands and commuting.

For investors seeking a small multifamily asset, the unit mix supports multiple occupancy configurations within a single property. The current occupancy and stated rental income can appeal to buyers looking for a straightforward transition into residential income generation, while the outdoor space offers practical value for tenants. As with any residential income purchase, prospective buyers should review lease terms and rent rolls during due diligence.

Key Highlights

  • Income‑producing triplex built in 1979 with current rental income of over $2,500 per month
  • Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Huge lot provides ample outdoor space for tenants

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store HVAC Service Grocery & Convenience Store

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 33860, FL

24,932
Population
9,649
Households
2.6
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
98.4 sq mi
ZIP Area
253
Density / Sq Mi
$62,779
Median Household Income
$37,688
Median Earnings
$1,150
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Triplex offering two 2-bedroom units and one 1-bedroom unit with current rental income.
Where is this triplex located?
The property is located at 4150 PEAR Rd Mulberry, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Income‑producing triplex built in 1979 with current rental income of over $2,500 per month; Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Huge lot provides ample outdoor space for tenants
More about this property
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