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6745 NW 4th Ct
Multi-Family
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$640,000

$427/sqft

6745 NW 4th Ct, Miami

4 bd·2 ba·1,500 sqft
Built 1985Edison

6745 NW 4th Ct, Miami, FL

4 bd · 2 ba · 1,500 sqft Multi-Family listed at $640,000, built in 1985 in the Edison neighborhood.

About this home

RARE OPPORTUNITY - AMAZING INVESTMENT IN A HIGH-GROWTH AREA! Well-maintained duplex located in the heart of Little River, one of Miami's most rapidly transforming neighborhoods, just blocks from the highly anticipated Magic City Innovation District. Surrounded by new construction and major redevelopment, opportunities like this are becoming increasingly scarce. Minutes from Wynwood, major highways, and only 15 minutes to Miami International Airport. This limited-supply multifamily asset offers strong current income with immediate upside. 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 charming backyard-making it highly attractive to quality tenants. Designed for maximum efficiency and minimal owner expenses, each unit has independent electric and water meters, and tenants pay ALL utilities. The property is occupied by excellent, stable tenants with signed leases and security deposits in place. Pre-agreed rent increases to $2,200 and $2,300 provide built-in value growth without renovations or lease turnover. Ideal for investors seeking a turn-key, low-maintenance, cash-flowing duplex in a market where multifamily inventory is extremely limited and demand continues to rise. Secure a foothold in one of Miami's most promising corridors before pricing moves even higher.

Property details

Price
$640,000
Bedrooms
4
Bathrooms
2
Interior
1,500 sqft
Price / sqft
$427
Year built
1985
Type
Multi-Family
Days on market
81
Est. property tax
$5,504/yr · $459/mo · 0.86% FL avg
Last sold
$232,500 · Feb 2019

Estimated monthly payment

Down payment20% ($128,000)
Interest rate6.75%
Principal & Interest$3,321
Property Tax$587
Insurance$150
Total$4,057/mo

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Price history

$698K$352K$5K$75K on Jul 98 (Sold)$80K on Feb 09 (Initial list)$85K on Mar 09 (Price change)$75K on Apr 09 (Price change)$63K on Jun 09 (Sold)$180K on Jul 16 (Initial list)$175K on Aug 16 (Sold)$250K on Jan 19 (Initial list)$233K on Feb 19 (Sold)$640K on Feb 26 (Initial list)
$75K · Jul 98$640K · Feb 26
  1. Feb 3, 2026$640,000Initial list price
  2. Feb 4, 2019$232,500Sold
  3. Jan 8, 2019$250,000Initial list price
  4. Aug 5, 2016$175,000Sold
  5. Jul 17, 2016$180,000Initial list price
  6. Jun 15, 2009$63,000Sold
  7. Apr 5, 2009$74,900Price change
  8. Mar 5, 2009$84,900Price change
  9. Feb 24, 2009$79,900Initial list price
  10. Jul 30, 1998$75,000Sold

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.

Home Intelligence

Neighborhood (zip 33150)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 35.2; 10% hold a bachelor's degree; median household income is $33,629.

Median income
$33,629
Median age
35.2
Owner-occupied
27.5%
Bachelor's degree
9.7%
Census median home value
$317,200

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

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