Prime investment opportunity! Presenting this newly renovated garden-style 6-plex investment property in West Palm Beach. Ideal for investors seeking an income-producing asset. 6 units : One 3 Bedrooms, Four 2 Bedrooms and One 1 Bedroom. All units and building have been completely remodeled with new impact windows installed, new AC units, new paint, new gate, and new landscaping. Large corner lot with 9 parking spaces. With solid returns and excellent potential for growth, this asset promises steady income and long-term value.
Sold for $1,325,000
$1,325,000
424 Valley Forge Rd, West Palm Beach, FL 33405
9beds
4baths
--sqft
Quadruplex
Built in 1940
-- sqft lot
$1,342,400 Zestimate®
$--/sqft
$1,763 Estimated rent
Home value
$1,342,400
$1.18M - $1.53M
$1,763/mo
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$8,981/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 30, 2024 at 05:46am
Listed by:
Benjamin Lipkin 561-212-4640,
LIV Real Estate Group
Bought with:
Benjamin Lipkin, 3443432
LIV Real Estate Group
Source: MIAMI,MLS#: A11558051
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl
- Windows: High Impact Windows
Property
Parking
- Total spaces: 9
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, West Of US 1
Details
- Parcel number: 74434404040120140
- Zoning: SF7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame With Stucco
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: West Palm Beach
- Subdivision: Colonial Estates
HOA & financial
Other financial information
- Total actual rent: 133200
Other
Other facts
- Listing terms: All Cash
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $1,325,000-8.6% |
Source:  MIAMI #A11558051 Report a problem | ||
| 9/4/2024 | Pending sale | $1,450,000 |
Source: MIAMI #A11558051 Report a problem | ||
| 7/17/2024 | Price change | $1,450,000-3.3% |
Source: MIAMI #A11558051 Report a problem | ||
| 5/22/2024 | Price change | $1,500,000-3.8% |
Source: MIAMI #A11558051 Report a problem | ||
| 3/28/2024 | Listed for sale | $1,560,000+64.2% |
Source: MIAMI #A11558051 Report a problem | ||
| 4/28/2022 | Sold | $950,000-20.8% |
Source:  BeachesMLS #R10774588 Report a problem | ||
| 3/8/2022 | Contingent | $1,199,000 |
Source: BeachesMLS #RX-10774588 Report a problem | ||
| 2/4/2022 | Listed for sale | $1,199,000+241.1% |
Source: BeachesMLS #RX-10774588 Report a problem | ||
| 9/16/2015 | Sold | $351,500-11% |
Source: Public Record Report a problem | ||
| 6/29/2015 | Price change | $395,000-5.8% |
Source: Higher Standards Real Estate #RX-10103069 Report a problem | ||
| 5/26/2015 | Listed for sale | $419,500-5.2% |
Source: Higher Standards Real Estate #RX-10103069 Report a problem | ||
| 3/28/2015 | Listing removed | $442,500 |
Source: Higher Standards Real Estate Company, LLC #RX-10103069 Report a problem | ||
| 1/17/2015 | Listed for sale | $442,500+9.3% |
Source: Higher Standards Real Estate Company, LLC #RX-10103069 Report a problem | ||
| 8/4/2004 | Sold | $405,000+268.2% |
Source: Public Record Report a problem | ||
| 8/4/1995 | Sold | $110,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,552 +2.1% | $642,280 +2.9% |
| 2023 | $14,251 +9.4% | $624,368 +21.2% |
| 2022 | $13,021 +7.9% | $515,238 +10% |
| 2021 | $12,073 +7.2% | $468,398 +10% |
| 2020 | $11,267 +8.4% | $425,816 +10% |
| 2019 | $10,394 | $387,105 -4.9% |
| 2018 | $10,394 +15.2% | $407,113 +19.1% |
| 2017 | $9,019 +11.9% | $341,958 +17.6% |
| 2016 | $8,057 +8.9% | $290,838 +51.1% |
| 2015 | $7,400 +34.9% | $192,540 +10% |
| 2014 | $5,487 +15.4% | $175,036 +10% |
| 2013 | $4,753 +10.2% | $159,124 +10% |
| 2012 | $4,312 -23.9% | $144,658 -27.9% |
| 2011 | $5,665 +1.7% | $200,613 +3.1% |
| 2010 | $5,569 -56.7% | $194,493 -64% |
| 2006 | $12,874 +2965.3% | $540,144 +103.7% |
| 2003 | $420 | $265,115 |
Find assessor info on the county website
Neighborhood: South Side
Nearby schools
GreatSchools rating
- 7/10South Olive Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Conniston Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 0.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,342,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,342,400
- Florida
- Palm Beach County
- West Palm Beach
- 33405
- South Side
- 424 Valley Forge Rd