3609 SE 9th Place, Cape Coral, FL 33904
Local realty services provided by:ERA Real Solutions Realty
Listed by: nicole pistone
Office: cornerstone coastal properties
MLS#:2025001580
Source:FL_GFMB
Price summary
- Price:$399,900
- Price per sq. ft.:$218.76
About this home
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.
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Home facts
- Year built:1978
- Listing ID #:2025001580
- Added:245 day(s) ago
- Updated:March 31, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Vinyl
- Living area:1,828 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:1,828 sq. ft.
- Architectural Style:Duplex
- Construction Materials:Block, Concrete, Stucco
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$218.76
- Tax amount:$4,710 (2024)
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