North Miami Triplexes for Sale

The best North Miami investment decision starts before you buy.

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

Three unit buildings in North Miami are rare and are often listed as a duplex or a quadruplex, with a cottage behind a house or a small building near NE 125th Street or NW 135th Street. Before you count three rents, confirm with the North Miami building department that every unit was permitted, because an unpermitted unit can fail an appraisal, complicate the insurance and leave a buyer with a building that cannot legally be leased as advertised. Ask for the leases, the utility arrangement and the age of the roof, and compare the asking rents with the live rents on the North Miami rental pages.

2 listings, newest first.

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
12501 NE 5th Avenue$1,200,0003$400,000$5,700 gross—$9,325—81 days
740 NW 135 Street (reduced from $719,250)$709,0003$236,333$5,200 gross—$6,720—112 days

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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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