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About This Home
This 4-bedroom, 4-bathroom residential multi family at 3609 SE 9th Place in Cape Coral, FL is listed for $399,900. Built in 1978, on a 0.23 acres lot.
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.
Key Features
- Built in 1978
- 0.23 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3609 SE 9th Place
Cape Coral, FL 33904
CAPE CORAL
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 3609 SE 9th Place is listed at $399,900. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.23 acre lot.
This property is listed by Nicole Pistone and can be reached at 2396287439 or nicolempistone@gmail.com.
