Well maintained quadplex in Palm Bay offering solid, steady income with additional upside. The property consists of four two bedroom, one bathroom units, with efficient layouts that have proven consistent rental demand. The units are individually metered and easy to manage, making this an attractive small multifamily asset.A massive car garage (960sqft) or workshop onsite is currently used for storage and provides supplemental income, with flexibility for future use subject to buyer due diligence. Large parking lot provides plent of spaces for tenants. The property has been actively managed and offers opportunities to improve performance over time without requiring immediate capital investment.This is a practical acquisition for buyers seeking a true four unit property with strong fundamentals, predictable operations, and long term value creation potential. Financials available upon request. Showings by appointment only. Do not disturb tenants.
Essential Information
Year Built: 1984
Price: $650,000
Property Type: Multifamily
Area: 3,480 sqft.
Country: USA
City: Palm Bay
Additional Property Info
Buildings: No
Fixer Upper: No
List Price/SqFt: $186.78 / sqft
Listing ID: 1068168
Listing Status: Pending
Manager/Owner Occupied: Unfurnished
Number of Units: 2
Pool: No
Private Pool: No
Prop Type: Quadruplex
Property Type: Multifamily
SqFt - Living: 3,480 sqft
State/Province: FL
Status: Pending
Status Change Date: Wednesday, February 25th, 2026