6326 Northwest 4th Avenue Miami, FL 33150
Multifamily property in Little River neighborhood with income and upside.
Property Features for 6326 Northwest 4th Avenue
General Information
- Standard status
- Active
- Size
- 1,976 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1929
Listing office Global Investments Realty (305) 635-3005
Listing date Mar 24, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Cash‑flowing multifamily property with immediate income from three rented units.
- Potential for increased annual gross rent to $62,400 upon leasing the vacant unit.
- Located in the rapidly growing Little River neighborhood of Miami.
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 | $60.5k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $56.6k | $28.65 |
| − OpEx | −$17.0k | −$8.60 |
| NOI | $39.6k | $20.06 |
