Investor alert! 606 Hopper Street is a completely occupied and priced-to-sell 4-plex in Melbourne, generating over $32,000 in annual income with a strong 9% CAP rate. Each of the four units features 2 bedrooms and 1 bathroom, offering steady demand and reliable rental performance. The property boasts newer siding and a newer roof, minimizing future maintenance costs and adding long-term value. Tenants enjoy the convenience of a coin-operated laundry, and each unit comes fully equipped with a refrigerator and range, ensuring immediate rental readiness. With solid cash flow, consistent occupancy, and key updates already completed, this multifamily property is a standout opportunity. Sold AS-IS, presenting exceptional value for investors looking to expand their portfolio or secure dependable passive income.
Sold
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Listing updated:
Bought with:
Outside Agent- MIR Outside Agent- MIR, ***
Outside Office
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6334065
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Sold | $215,000-10.4%$74/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6334065 Report a problem | ||
| 1/14/2026 | Pending sale | $239,900$82/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6334065 Report a problem | ||
| 12/1/2025 | Listed for sale | $239,900+195.3%$82/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6334065 Report a problem | ||
| 6/10/2019 | Sold | $81,250+1.7%$28/sqft |
Source: NoCoast MLS as distributed by MLS GRID #5469962 Report a problem | ||
| 5/7/2019 | Pending sale | $79,900$27/sqft |
Source: Baxter Real Estate Agency #35016656 Report a problem | ||
| 5/3/2019 | Listed for sale | $79,900+22.9%$27/sqft |
Source: Baxter Real Estate Agency #35016656 Report a problem | ||
| 10/12/2011 | Sold | $65,000$22/sqft |
Source: Public Record Report a problem | ||
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