Price Reduced 7.38%

$3,890,000 ($505.72 per sqft)

Est. Mortgage $18,658/mo *

Quick Pre-Approval

Price History

$4,200,000
2/4/2025

$4,100,000
3/28/2025

$3,990,000
7/8/2025

$3,890,000
8/4/2025


1630 NW 18th St, Miami, FL, 33125

1630 NW 18th St, Miami, FL, 33125

1969

Fourplex

7,692 sqft

Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances,brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system.Centrally located near Jackson Memorial, Miami International Airport, and major highways, this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!


Status:

Active

Type:

Multi-family

Zoning:

4601

Subdivision:

BRADDOCK SUB NO 4

Heating:

Electric

Cooling:

Electric

Energy Features:

Appliances

Parking:

16-car

Est. Taxes:

$31,540

Assessment

$1,640,000

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

190

Pool:

None

MLS #:

A11738589


Community Info

School Info

Walk Score

Yelp



Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY 305-666-0562