3609 SE 9th PL Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33904
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025001580
Style Resale Property
Bedrooms 4
Full Baths 4
Year Built 1978
Annual Tax Amount $4,710
Tax Year 2024
Lot Size 10,018 Sqft
Property Sub-Type Duplex
Property Description
Well-positioned and income-producing, this spacious duplex offers two fully leased 2-bedroom, 2-bathroom units, each with private entrances, generous layouts, and dedicated parking. Located in a strong rental area of Cape Coral, this property delivers immediate cash flow with a 6.2% cap rate — ideal for both new and seasoned investors.
Each unit is separately metered, with solid concrete block construction and minimal maintenance needs. Long-term tenants are already in place, and current rents support stable income with room for future upside through gradual rent increases. Both units have laundry hook ups!
The property is situated directly next door to an 8-unit multifamily property also available for sale, offering a rare opportunity to acquire 10 doors on a single street — perfect for investors seeking operational efficiency and portfolio scale.
Whether you're buying for cash flow, 1031 exchange, or long-term appreciation, this turnkey duplex checks all the boxes.
Location
State FL
County Lee
Community Non-Gated
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile,Vinyl
Exterior
Amenities Available None
Waterfront Description None
Roof Type Shingle
Building
Lot Description Regular
Water Assessment Paid,Central
Structure Type Concrete Block,Stucco
New Construction No