Back to Search
Little River Duplex Investment Opportunity

6745 Northwest 4th Court Miami, FL 33150

6745 Northwest 4th Court, Miami, FL, 33150
$640,000
For Sale
Claim this Listing
$640,000

Well-maintained duplex in high-growth area with strong income potential.

Property Size1,500 SF
Price / SF$426.67
AddedSep 6, 2025
Days on Market314
Last RefreshJul 15 at 9:36 pm

Property Features for 6745 Northwest 4th Court

General Information

Standard status
Active
Size
1,500 SF
Property subtype
Residential Income / Duplex

Building Details

Year Built
1985

Listing office Avanti Way

Listing date Sep 6, 2025

Source Compass

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 Avanti Way


Investment Insights

Based on property information with market context.

This well-maintained duplex is located in Little River, a rapidly transforming neighborhood of Miami, situated blocks from the Magic City Innovation District. The property is surrounded by new construction and major redevelopment. It is located minutes from Wynwood, major highways, and 15 minutes from Miami International Airport. This multifamily asset offers current income with upside potential. The property features ample parking in front, two spacious units with central A/C, a newer roof, fully renovated kitchens with granite countertops, tankless water heaters, remodeled bathrooms, impact windows, and a backyard. Each unit has independent electric and water meters, and tenants pay all utilities. The property is occupied by tenants with signed leases and security deposits. Pre-agreed rent increases to $2,200 and $2,300 provide built-in value growth. The property is designed for maximum efficiency and minimal owner expenses. The property size is 1500 square feet.

Key Highlights

  • Located in Little River, a rapidly transforming Miami neighborhood.
  • Turn‑key duplex with strong current income.
  • Fully renovated kitchens with granite countertops, remodeled bathrooms, and impact windows.

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 $45.9k $30.60
− Vacancy −$2.9k −$1.95
EGI $43.0k $28.65
− OpEx −$12.9k −$8.60
NOI $30.1k $20.06
1,500 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$429.8K
$376.0K – $501.4K (±1% cap)
NOI $30,083 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$395.9K
$346.4K – $461.8K (±1% cap)
NOI $27,710 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.01M
$886.0K – $1.18M (±1% cap)
NOI $70,876 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Real Estate Agency Nursing Home Pet Store Pet Store & Service Restaurant (Bike/Boat/Book/etc) Store Locksmith Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex in high-growth area with strong income potential.
Where is this duplex located?
The property is located at 6745 Northwest 4th Court Miami, FL.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Located in Little River, a rapidly transforming Miami neighborhood.; Turn‑key duplex with strong current income.; **Fully renovated kitchens with granite countertops, remodeled bathrooms, and impact windows.**
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message