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4000 Greenwood Ave, West Palm Beach FL 33407

Multi-family For Sale
$535,000

BTC: 8.23076923

ETH: 297.22222222

-$44K (2026/05/17)
108 days
0 room(s)
1,568 sqft

Overview

This meticulously renovated duplex offers a income producing opportunity. Both units have been renovated. Can get 6% cap rate. Unit Specifications (Two Identical Units) Layout: 2 Bedrooms / 1 Bathroom per side. Potential income: $3850 a month Kitchen: Solid wood cabinetry, granite countertops, quartz countertops and modern appliances. Both units rented on annual lease. Climate: Individual central AC systems for each unit. Convenience: In-unit washer and dryer included in both residences. Infrastructure & "Peace of Mind" Upgrades Unlike most vintage properties in WPB, this building has been modernized for maximum durability and insurance savings: Full Impact Protection: High-efficiency impact windows and doors throughout (Significant insurance premium reduction). Zero Cast Iron: All original cast iron plumbing has been fully replaced with PVC piping. Updated Electrical: Both units have been completely rewired to current code. Modern Systems: central HVAC and updated water heaters. New Roof: 2026

Location

Florida • West Palm Beach • 33407 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
No Data
Heating:
Central
Price/sqft:
$341
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$535,000
$290K – $1.4M
Confidence Low
List vs. estimate
At estimate
List $535,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$341
+17.6% vs. city median $290
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $351K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,866
2025
Parking
2 spaces
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 74434309050560330

    • Zoning: SF7 (cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $3,866

  • Source details

    • MLS ID: A11965473

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Impact Glass

    • Architectural Style: Detached

    • Living Area: 1568

    • Subdivision Name: NORTHWOOD ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33407
24
median $351K
Active
Same city
West Palm Beach
234
median $234K
Active
Same type
Multi-family
5
median $750K
Active
Similar price
$374K – $695K
47
median $479K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Unity Investment Group, LLC