Hialeah Investment Properties & Multifamily for Sale

The best Hialeah investment decision starts before you buy.

Live BeachesMLS listings matching this search in Hialeah, Florida, updated throughout the day.

Income property in Hialeah runs from a house with a separate efficiency to duplexes, triplexes and small apartment buildings, most of them on the old east side and around Palm Avenue. Tenants here are mostly families on annual leases, and many local buyers house relatives in one unit and rent the other. What separates a sound purchase from a costly one is paperwork: the permits for every unit, the zoning of the lot, the leases and the real expenses. Compare the asking rents with what is actually leasing on the Hialeah rental pages, and we underwrite the numbers with you before you make an offer.

13 listings, newest first.

The 13 listings on this page run from $522,722 to $3,949,950, with a median of $875,000, about $383 per square foot, and they have been listed a median of 126 days.

The communities with the most listings here are Hialeah 13th Addn Amd Pl (2) and Town of Hialeah 1 Addn Am (2), 4 of the 13; the others are spread across 8 more communities. All of them are multifamily properties. They were built between 1922 and 2025, a median of 1957, and 2 in the last ten years. 1 of the 13 have a pool. They sit in 4 ZIP codes: 33010, 33012, 33013 and 33016.

What Investors Buy in Hialeah

Investors in Hialeah buy income they can document. The core is the house with a permitted efficiency, the duplex on a lot zoned for two, and the triplexes, fourplexes and small apartment buildings near Palm Avenue and on the east side, leased by the year to families. Gated townhomes in the northwest add a newer asset with association rules on leasing. Development sites on the commercial corridors, where the city's zoning allows more units, attract builders. Each depends on paperwork, so the first step with any Hialeah investment is the permit history, the zoning and the leases in place.

Reading the Numbers in Hialeah

Reading the numbers in Hialeah starts with which units count. Rent from an unpermitted efficiency may not survive an appraisal, an insurance inspection or a code case, so underwrite only the permitted units and treat the rest as upside. Then use the rents actually being paid, checked against the closed leases on the Hialeah rental pages, an insurance quote for the address, the property taxes as they will be after the sale, and a repair reserve that fits a building from the forties or fifties. On a multifamily listing, rebuild the seller's net operating income from the leases before you trust the capitalization rate.

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

PropertyPriceUnitsPer unitIncomeCap rateTaxesHOADays on market
158 E 4th Street$789,0002$394,500——$5,777—17 days
715 W 29th Street$1,850,0006$308,333$158,400 gross—$18,742—25 days
991 E 20th Street$790,0002$395,000$4,600 gross—$8,629—38 days
236 E 14th Street$522,7222$261,361——$0—39 days
42 E 13th Street (reduced from $697,000)$689,9003$229,967$4,800 gross—$7,349—129 days
36 W 37th Street$1,100,0004$275,000$8,000 gross—$10,205—61 days
324 E 34th Street$1,299,0004$324,750$8,100 gross—$12,509—824 days
6305 W 22nd Court (reduced from $4,340,000)$3,949,9504$987,488$217,015 net5.5%$54,075—94 days
59 E 10th Street$769,0002$384,500——$8,701—126 days
458 E 20th Street (reduced from $999,999)$849,9992$425,000$10,000 gross—$9,409—277 days
952 E 19th Street (reduced from $995,000)$875,0003$291,667$60,000 gross—$12,171—234 days
2474 W 4th Court$1,750,0002$875,000$7,000 gross—$5,444—266 days
620 W 29th Street (reduced from $1,800,000)$1,695,0004$423,750$8,100 gross—$13,995—742 days

Get Hialeah Investment Listings the Day They Reach the Market

BreakThru Realty sends new income property matching this search as it comes on the market, and will underwrite any listing with you: the rents in place, the taxes as they reset on sale, insurance quoted today, and what comparable buildings actually traded for.

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