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2900 SW 4th St
Multi-Family
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$975,000

$514/sqft

2900 SW 4th St, Miami

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4 bd·4 ba·1,897 sqft
Built 1925Auburndale

2900 SW 4th St, Miami, FL

4 bd · 4 ba · 1,897 sqft Multi-Family listed at $975,000, built in 1925 in the Auburndale neighborhood.

About this home

A rare opportunity to own a hassle-free, income-producing multifamily property that is already doing exactly what investors want, cash flowing from day one with $6,450 in current monthly income. Fully remodeled throughout, this turnkey asset removes the usual headaches of ownership. Updated kitchens, modern finishes, new flooring, impact windows and doors, and a new roof allow for immediate income without the need for renovations or capital improvements. Simply step into ownership and collect. The property offers a strong in-place cap rate of approximately 5.9%, with a low expense profile and minimal ongoing maintenance. Two of the units include in-unit washer and dryer, adding convenience and tenant appeal, while ample on-site parking enhances functionality and long-term desirability. Centrally located near Miami Dade College and Little Havana, the property benefits from consistent rental demand, accessibility, and long-term growth potential, all at an attractive price point under $1M. An ideal investment for those seeking stability, simplicity, and immediate returns in one of Miami's most dynamic rental markets.

Property details

Price
$975,000
Bedrooms
4
Bathrooms
4
Interior
1,897 sqft
Price / sqft
$514
Year built
1925
Type
Multi-Family
Days on market
75
Est. property tax
$8,385/yr · $699/mo · 0.86% FL avg
Last sold
$705,000 · Aug 2023
Virtual tour

Estimated monthly payment

Down payment20% ($195,000)
Interest rate6.75%
Principal & Interest$5,059
Property Tax$894
Insurance$150
Total$6,103/mo

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Price history

$1.15M$526K$-104K$65K on May 85 (Sold)$275K on Feb 18 (Initial list)$275K on Feb 18 (Initial list)$275K on Mar 18 (Price change)$275K on Mar 18 (Price change)$275K on May 18 (Initial list)$199K on May 18 (Price change)$200K on Jun 18 (Sold)$200K on Jul 18 (Sold)$270K on Aug 18 (Sold)$450K on May 19 (Sold)$475K on May 21 (Price change)$550K on May 22 (Sold)$679K on Jun 23 (Initial list)$699K on Aug 23 (Price change)$705K on Aug 23 (Sold)$1K on Sep 23 (Price change)$1K on Oct 23 (Price change)$1.05M on Jan 24 (Initial list)$1.03M on Aug 24 (Initial list)$1000K on Sep 24 (Price change)$975K on Jan 25 (Price change)$960K on Dec 25 (Initial list)$975K on Feb 26 (Initial list)
$65K · May 85$975K · Feb 26
  1. Feb 10, 2026$975,000Initial list price
  2. Dec 9, 2025$960,000Initial list price
  3. Jan 3, 2025$975,000Price change
  4. Sep 3, 2024$999,999Price change
  5. Aug 15, 2024$1,030,000Initial list price
  6. Jan 17, 2024$1,050,000Initial list price
  7. Oct 24, 2023$1,200Price change
  8. Sep 29, 2023$1,200Price change
  9. Aug 18, 2023$705,000Sold
  10. Aug 12, 2023$699,000Price change
  11. Jun 15, 2023$679,000Initial list price
  12. May 2, 2022$550,000Sold
  13. May 30, 2021$475,000Price change
  14. May 7, 2019$450,000Sold
  15. Aug 13, 2018$270,000Sold
  16. Jul 18, 2018$200,000Sold
  17. Jun 8, 2018$200,000Sold
  18. May 17, 2018$199,000Price change
  19. May 7, 2018$275,000Initial list price
  20. Mar 13, 2018$275,000Price change
  21. Mar 7, 2018$275,000Price change
  22. Feb 7, 2018$275,000Initial list price
  23. Feb 2, 2018$275,000Initial list price
  24. May 1, 1985$65,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 2900 SW 4th St, Miami
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Home Intelligence

Neighborhood (zip 33135)

This neighborhood is primarily renter-occupied (21% owner-occupied). Median age is 45.0; 14% hold a bachelor's degree; median household income is $35,185.

Median income
$35,185
Median age
45.0
Owner-occupied
21.0%
Bachelor's degree
14.1%
Census median home value
$367,100

Source: US Census Bureau American Community Survey 5-year estimates.

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