Listing provided courtesy of EPIQUE REALTY, INC.as Distributed by MLSGrid- MLS# MFRA4693375MLS Provider

4015 SE 19TH AVENUE #5-9CAPE CORAL, FL 33904

Multi-Family · 9 Beds · 4,240 Sq. ft. | 0.36 Acres
$950,000 Active

4015 SE 19TH AVENUE #5-9 Overview

Time on Site:
49 days
Visits:
0

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.

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4015 SE 19TH AVENUE #5-9 Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,240
  • Price/Sq.ft. $224
  • Lot 0.36 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 88140

Building Information

  • New Construction: No
  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Lee
  • MLS Area Major: 33904 - Cape Coral
  • Subdivision Name: CAPE CORAL
  • Township: 45

Tax Information

  • Tax Annual Amount: 8612.45
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 08-45-24-C1-00385.0160
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RML

Interior

Parking Information

  • Garage Spaces: 0
  • Garage: No

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 9

Building Interior

  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Slab
  • Heating: Electric
  • Interior Features: Other
  • Laundry Features: Laundry Room
  • Living Area: 4240
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Spa: No

Unit Information

  • Unit Number: 5-9

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.36
  • Lot Size Square Feet: 15769
  • Road Surface Type: Concrete
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Stucco
  • Property Attached: No
  • Roof: Membrane,Shingle

General Information

  • Carport: No
  • Exterior Features: Courtyard
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available,Cable Connected,Electricity Connected

4015 SE 19TH AVENUE #5-9 Neighborhood

Community

33904 (CAPE CORAL) Demographics

58
Median Age
1,875
Population Density (per sq. mile)
38%
College Educated
$50,695
Estimated Median Income
10,784
Estimated Total Home Owners
3,174
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4015 SE 19TH AVENUE #5-9 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4015 SE 19TH AVENUE #5-9 Market Data

Based on the last 30 days in this zip code

$644,612
Average List Price
$367
Average Price per Square Foot
11
Properties Sold
109
Average Days on Market
1,204
Properties for Sale
Calculations provided by Reliance Network

4015 SE 19TH AVENUE #5-9 History

Date Event Value Agent
5/12/2026Source: My Florida Regional MLS Added to Database
May 12, 2026