433 N 9th N Street Fort Pierce, FL 34950
Four fully occupied units provide steady residential income potential in a Fort Pierce quadplex setting.
- Added:
- Nov 11, 2025
- Days on Market:
- 243
- Last Refresh:
- Jun 20 at 3:22 am
Property Features for 433 N 9th N Street
General Information
- Standard status
- Active
- Size
- 1,974 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing office London Foster Realty (954) 344-8222
Listing date Nov 11, 2025
Source Crexi
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 London Foster Realty
Investment Insights
Based on property information with market context.
Located at 433 N 9th N Street in Fort Pierce, the asset benefits from an established rental mix with multiple unit sizes. The current offering is positioned as part of a growing local market, with the property described as having strong tenant demand in the area.
For investors or owners seeking a manageable multifamily structure, this quadplex provides the benefit of multiple units under one roof, with three two-bedroom layouts and a separate one-bedroom unit. With all four units already occupied, the property can support an income-oriented ownership strategy while offering the practical advantage of diversified unit types within a single building.
Key Highlights
- Quadplex built in 1958 with four fully occupied units in Fort Pierce
- Gross rental income of $5,550/mo
- Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit
Local 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 | $43.8k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $41.4k | $20.98 |
| − OpEx | −$12.4k | −$6.29 |
| NOI | $29.0k | $14.69 |
