3609 SE 9th Place Cape Coral, FL $ 399,900
3609 SE 9th Place
$ 399,900
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3609 SE 9th Place

Cape Coral, FL, 33904
$ 399,900
Bedrooms4 Baths4.0 Sq 1,828

Monthly Estimate*

$ 2,462

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Multi-Family Home for sale in Cape Coral, FL

for $399,900 with 4 bedrooms and 4 full baths. This 1,828 square foot home was built in 1978 on a lot size of 0.23.

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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Multi-Family Active

Price

$ 399,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,710

Style

Duplex

Lot Size

0.23

Year Built

1978

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025001580

Features
General
Sewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1978
Tenant Pays Application Fee Cable TV Departure Cleaning Electricity Internet Water
Property Subtype Duplex
Tax Year 2024
Waterfront Features None
Community Features Non-Gated
HOA Fee 2 0
County Lee
Net Operating Income 26485
Operating Expense 4715
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
City Cape Coral
Land Lease Amount 0
Zoning Description R3-D
Number Of Units Total 2
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Tax Annual Amount 4710.22
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025001580
Structure Type Duplex
Standard Status Active
Tax Lot 5
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 14 BLK 487 PB 13 PG 68 LOTS 5 + 6
HOA Fee 3 0
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Jalousie Single Hung Sliding
Half Baths 0
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities None
Lot Features Rectangular Lot
Water Source Assessment Paid Public
Lot Size Area 0.23
Spa false
Building Area Total 1828
Lot Size Acres 0.23
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Nicole Pistone

Listing Agent

Cornerstone Coastal Properties

Broker

nicolempistone@gmail.com

Email

Affordability Calculator

$2,855
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$399,900 Listed Price

Map


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3609 SE 9th Place, Cape Coral, FL, 33904 is a Multi-Family Home for sale at $399,900 with 1,828 sqft and a lot size of 0.23. 3609 SE 9th Place has 4 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 33904 which is in Cape Coral, FL