Duplex with Two 3BR
110 Gretchen Ave S Lehigh Acres, FL 33973
110 Gretchen Ave S, Lehigh Acres, FL, 33973
$410,000
For Sale
$410,000
MULTI_FAMILY - Other - LEHIGH ACRES, FL
Property Size2,156 SF
Lot Size0.29 Acres
Price / SF$190.17
Days on Market34
Property Features for 110 Gretchen Ave S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RM-2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 5
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 33-44-26-L2-07005.0030
- Size
- 2,156 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LEHIGH ESTATES UNIT 7 BLK 5 PB 15 PB 87 LOT 3
- Tax Annual Amount
- 4473
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 2007
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Mato Realty, LLC
(239) 259-6286
Listed by
Eloenia Jarquin De Miranda, PA
(504) 435-2328
Added: Jun 18 Updated: Jul 20 at 2:36PM Checked: Jul 21 at 12:06PM
MLS# 226023466
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, with each unit featuring 3 bedrooms and 2 bathrooms. Interior finishes include tile flooring throughout. Each kitchen is equipped with stainless steel appliances, and laundry is located in the garage for each unit.
The property is located in Lehigh Acres, within RM-2 zoning. Public remarks indicate the duplex is near Lee Boulevard and Connery and provides convenient access to major roads and nearby retail and dining.
On a 0.287-acre lot, the property is listed for sale as a residential income asset. The total property size is 2,156 square feet, and the duplex format may support owner-occupancy in one unit while renting the other, as noted in the listing remarks.
The property is located in Lehigh Acres, within RM-2 zoning. Public remarks indicate the duplex is near Lee Boulevard and Connery and provides convenient access to major roads and nearby retail and dining.
On a 0.287-acre lot, the property is listed for sale as a residential income asset. The total property size is 2,156 square feet, and the duplex format may support owner-occupancy in one unit while renting the other, as noted in the listing remarks.
Key Highlights
- Duplex built in 2007 with concrete block and stucco exterior
- Each unit offers 3 bedrooms and 2 bathrooms, with tile flooring throughout
- Kitchens include stainless steel appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.7k | $19.80 |
| − Vacancy | −$1.9k | −$0.89 |
| EGI | $40.8k | $18.91 |
| − OpEx | −$12.2k | −$5.67 |
| NOI | $28.5k | $13.24 |
2,156 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.7K
$356.7K – $475.6K
NOI $28,537 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$377.8K
$330.6K – $440.8K
NOI $26,446 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$678.6K
$593.8K – $791.7K
NOI $47,501 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in RM-2 zoning featuring two units, each with 3 bedrooms and 2 bathrooms, tile floors, and stainless steel appliances.
Where is this duplex located?
The property is located at 110 Gretchen Ave S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Duplex built in 2007 with concrete block and stucco exterior; Each unit offers 3 bedrooms and 2 bathrooms, with tile flooring throughout; Kitchens include stainless steel appliances
