Multi-Family $ 890,000

4015 SE 19th AVE #5-9

Cape Coral, FL 33904

  • 0.36 Lot Size
  • 1978 Year Built
Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
Listed by Epique Realty, Inc.

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 2026020823

    Style Low Rise

    Construction Status Resale

    HOA Y/N No

    Year Built 1978

    Annual Tax Amount $8,612

    Tax Year 2025

    Lot Size 0.362 Acres

    Acres 0.362

    Property Sub-Type Multi Family

  • Location

    State FL

    County Lee

    Area Cc12 - Cape Coral Unit 7-15

  • Building

    Story 1

    Architectural Style Low Rise

    Construction Status Resale

  • Interior

    Furnishings Furnished

    Fireplace No

  • Exterior

    Waterfront Description None

    Present Use Multi-Family

    Garage No

  • Others

    Senior Community No

    Tax ID 08-45-24-C1-00385.0160

    Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026020823

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CONTACT

Ralph Nudi

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