218-220 SW 47th TER new Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33914
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $169
Subdivision Cape Coral
MLS Listing ID 2025011648
Style Duplex
Bedrooms 4
Full Baths 4
Year Built 1983
Annual Tax Amount $5,233
Tax Year 2024
Lot Size 10,018 Sqft
Property Sub-Type Duplex
Property Description
Excellent investment opportunity or owner-occupant duplex in a prime Cape Coral location! Built in 1983, this well-kept property offers two spacious units, each with 2 bedrooms, 2 bathrooms, and a 1-car garage. Both units feature easy-care tile flooring throughout—no carpet to maintain—and a practical floor plan that works well for tenants or future updates. Important improvements are already in place, including a newer roof (2019) and newer A/C systems—one replaced in 2017 and the other in 2019. A chain-link fenced backyard adds outdoor space for each unit, and both sides are currently rented, providing immediate income potential. The location is a standout feature. Sidewalks out front (a rarity in Cape Coral) make it easy to walk just three blocks to Publix, with sidewalks the entire way. Downtown Cape Coral is only minutes away, offering festivals, art shows, bike nights, restaurants, and plenty of entertainment year-round. This duplex has never experienced flooding and offers peace of mind along with excellent rental history. Whether you're looking to expand your portfolio with steady income, live in one side while renting the other, or add future value through updates, this property is a smart opportunity in one of Cape Coral's most convenient neighborhoods.
Location
State FL
County Lee
Community Cape Coral
Area Cc21 - Cape Coral Unit 3,30,44,6
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Exterior
Exterior Feature Fence, Patio
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Roof Type Shingle
Building
Lot Description Rectangular Lot
Dwelling Type Duplex
Sewer Assessment Paid, Public Sewer
Water Assessment Paid, Public
Structure Type Block,Concrete,Stucco
Others
Acceptable Financing All Financing Considered,Cash
Listing Terms All Financing Considered,Cash
Pets Allowed Call, Conditional