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.
Multi-familyProperty Type
1940Year Built
9 spacesParking
Listed by Benjamin Lipkin• LIV Real Estate Group
•561-212-4640 (agent)
•ben@LIVgroupmia.com (agent)
•561-212-4640 (broker)
•ben@LIVgroupmia.com (broker)
Bought with Benjamin Lipkin• LIV Real Estate Group
Fantastic income producing 6 unit rental complex with AirBnb potential. This solid investment consists of a 2/1 single family home, a 1/1 single family home and two 1/1 duplexes surrounding a large courtyard.Perfectly located to restaurants and schools and walking distance to the intracoastal waterway. All units are currently rented without leases. Seven designated parking spaces and ample street parking. Separate electric meters . This one will go fast. *** drive by and please do not disturb tenants***
Public Records
Aug 4, 2004
Sold
$405,000
Public Records
Aug 4, 1995
Sold
$110,000
Public Records
Mar 3, 1992
Sold
$105,000
Year
Property tax
Land + Additions
Assessment*
2025
$19,871 (+36.5%)
$282,500 + $617,631
$900,131
2024
$14,553 (+2.1%)
$282,500 + $359,780
$642,280
2023
$14,251 (+9.4%)
$282,500 + $359,780
$642,280
2022
$13,022 (+7.9%)
2021
$12,073 (+7.2%)
2020
$11,267 (+8.4%)
2019
$10,398 (+15.3%)
2018
$9,019 (+11.9%)
2017
$8,057 (+8.9%)
2016
$7,399 (+23.3%)
$78,135 + $212,703
$290,838
2015
$6,000 (+9.4%)
2014
$5,486 (+15.4%)
2013
$4,753 (+10.2%)
2012
$4,312 (−23.9%)
2011
$5,665
Tax history for 424 Valley Forge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$19,871 (+36.5%)
$282,500 + $617,631
$900,131
2024
$14,553 (+2.1%)
$282,500 + $359,780
$642,280
2023
$14,251 (+9.4%)
$282,500 + $359,780
$642,280
2022
$13,022 (+7.9%)
2021
$12,073 (+7.2%)
2020
$11,267 (+8.4%)
2019
$10,398 (+15.3%)
2018
$9,019 (+11.9%)
2017
$8,057 (+8.9%)
2016
$7,399 (+23.3%)
$78,135 + $212,703
$290,838
2015
$6,000 (+9.4%)
2014
$5,486 (+15.4%)
2013
$4,753 (+10.2%)
2012
$4,312 (−23.9%)
2011
$5,665
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
125 ft.
Lot depth
110 ft.
Lot size
0.32 Acres
Year renovated
1995
Sq. Ft.
1,152
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Palm Beach County
APN
74434404040120140
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
Property details
Parking
Parking
# of Parking (Total): 9
Interior
Virtual Tour
Interior Features
Window Features: Impact Glass
Flooring: Vinyl
Multi Unit Financial Information
Total Rent: $133,200
Operating Expense: $37,397
Unit Type 1
Unit Description: Parking:Space,Air Conditioning Unit,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
# of Units: 4
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unit Type 2
Unit Description: Parking:Space,Air Conditioning Unit,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
# of Units: 3
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unit Type 3
Unit Description: Parking:Space,Air Conditioning Unit,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
# of Units: 2
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unit Type 4
Unit Description: Parking:Space,Air Conditioning Unit,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Exterior
Building Information
Stories: 1
Year Built Details: Effective Year Built
Roof Details: Shingle
Construction Details: Frame, Stucco
Land Information
Possible Use: Investment
Lot Information
Lot Features: Corner Lot, Quarter To Half Acre Lot
Zoning Description: SF7
Financial
Tax Information
Annual Tax Amount: $14,251
Tax Year: 2023
Rental Information
Rent Includes: Trash Collection, Water
Utilities
Utility Information
Utilities: Cable Not Available
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Wall Furnace
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,152
Stories: 1.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1995
County: Palm Beach County
APN: 74434404040120140
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
South Olive Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Conniston Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Forest Hill Community High School
Public 9-12 • Assigned • 0.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 25 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
West Palm Beach, FL • 33405
Average low and high temperatures (°F)
73
59
76
62
79
66
81
72
86
76
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89
77
91
78
88
78
84
75
80
68
77
65
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.41M – $1.71M
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