Residential Income
6926 Northwest 4th Avenue Miami, FL 33150
For Sale
$550,000
Owner-maintained triplex with fenced yard, detached efficiency, and in-unit washer/dryer access for each living unit.
Property Size1,364 SF
Price / SF$403.23
Days on Market24
Property Features for 6926 Northwest 4th Avenue
General Information
- Standard status
- Active
- Size
- 1,364 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1926
Listing Agency:
Keller Williams Dedicated Professionals
(954) 533-7443
Listed By:
Erika Elias · License #3296669
(954) 533-7443
Source:
Compass
Added: Jun 30
Changed: Jul 21
Last Checked: Jul 23 at 9:02AM
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 Keller Williams Dedicated Professionals
Investment Insights
Based on property information with market context.
This owner-maintained residential income property includes a main residence and two additional efficiency-style living units on a fully fenced lot. The main home has 2 bedrooms and 1 bathroom, plus two smaller rooms currently used as bedrooms. Also on-site is a detached efficiency-style unit. Each living unit has its own washer and dryer. The property includes a spacious yard with ample room for parking, entertaining, and outdoor use, and a small RV trailer on the premises is currently rented and being used as an efficiency.
The RV trailer is rented for $1,000 per month. The seller also provides income and rental estimates for the main residence, including potential rent ranges depending on configuration, and those figures are subject to buyer verification.
With multiple enclosed living spaces and direct laundry access within each unit, the layout is designed for practical owner-occupancy or rental income generation under one property.
The RV trailer is rented for $1,000 per month. The seller also provides income and rental estimates for the main residence, including potential rent ranges depending on configuration, and those figures are subject to buyer verification.
With multiple enclosed living spaces and direct laundry access within each unit, the layout is designed for practical owner-occupancy or rental income generation under one property.
Key Highlights
- Owner‑maintained triplex built in 1926 with a fully fenced property and spacious yard
- Main residence offers 2 bedrooms and 1 bathroom, plus 2 additional smaller rooms currently used as bedrooms
- Detached efficiency‑style unit on‑site, and a small RV trailer is currently rented for $1,000/month
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 | $41.7k | $30.60 |
| − Vacancy | −$2.7k | −$1.95 |
| EGI | $39.1k | $28.65 |
| − OpEx | −$11.7k | −$8.60 |
| NOI | $27.4k | $20.06 |
1,364 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.8K
$342.0K – $455.9K
NOI $27,356 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$360.0K
$315.0K – $420.0K
NOI $25,198 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$920.7K
$805.6K – $1.07M
NOI $64,450 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Owner-maintained triplex with fenced yard, detached efficiency, and in-unit washer/dryer access for each living unit.
Where is this triplex located?
The property is located at 6926 Northwest 4th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Owner‑maintained triplex built in 1926 with a fully fenced property and spacious yard; Main residence offers 2 bedrooms and 1 bathroom, plus 2 additional smaller rooms currently used as bedrooms; Detached efficiency‑style unit on‑site, and a small RV trailer is currently rented for $1,000/month
