About 1015/1017 Sw 48th Ter
Great Investment Opportunity—Cape Coral Duplex! Looking for a reliable income-producing duplex with excellent tenant stability? Check out this 6 bed / 4 bath duplex (two identical 3 BED/2 BATH with garages) in a desirable spot near Cape Coral Parkway. • Built in 1985, with a solid structure and efficient systems and newer roof in place. • Tenants have been long-term residents and are interested in staying—providing immediate cash flow of $3,050/month which is under market. • Priced attractively at $425K (~$177/sq ft) with 2024 taxes at $5.5K/year. • Excellent net operating income potential, and low upkeep thanks to tenant-paid utilities. • Great location—close to shopping, schools, and major thoroughfares. Whether you're an investor or looking for a low-hassle, income-producing property, this duplex is priced and positioned to move fast.
Features of 1015/1017 Sw 48th Ter
| MLS® # | 2025006356 |
|---|---|
| Price | $425,000 |
| Sold Price | $402,500 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.25 |
| Year Built | 1985 |
| Type | Income |
| Sub-Type | Duplex |
| Style | Duplex |
| Status | Closed |
Community Information
| Address | 1015/1017 Sw 48th Ter |
|---|---|
| Area | CC21 - Cape Coral Unit 3,30,44,6 |
| Subdivision | CAPE CORAL |
| City | CAPE CORAL |
| County | Lee |
| State | FL |
| Zip Code | 33914 |
| Community Type | Non-Gated |
Amenities
| Amenities | None |
|---|---|
| Is Waterfront | No |
| Pets Allowed | Not Allowed |
| Waterfront | None |
| Has Pool | No |
| Elevator | None |
Interior
| Heating | Central Electric |
|---|---|
| Cooling | Central Electric |
| Fireplace | No |
Exterior
| Exterior | Concrete Block, Stucco |
|---|---|
| Lot Description | Regular |
| Roof | Shingle |
| Construction | Concrete Block, Stucco |
Additional Information
| Date Listed | August 11th, 2025 |
|---|---|
| Date Sold | November 18th, 2025 |
| Days on Market | 387 |
| Foreclosure | No |
| Short Sale | No |
| Annual Recurring Fees | $0 |
Listing Details
| Office | Red Key Realty Group LLC |
|---|