Two-Unit Duplex with
For Sale
$459,000
110 Pullman St, Lehigh Acres, FL 33974
Each residence offers three bedrooms, two bathrooms, a den, tile flooring, and a private single-car garage.
Property Size2,246 SF
Price / SF$204.36
Days on Market79
Property Features for 110 Pullman St
General Information
Standard status
Active
Size
2,246 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA with den
Multifamily Units
2
Building Details
Year Built
2006
Listing Agency:
Douglas Realty & Development
Listed By:
Debra Dupree · License #258003330
(239) 834-7115
Source:
Naplesmarcolistings
Added: Aug 5
Changed: Oct 1
Last Checked: Oct 20 at 10:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Realty & Development
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,246 square feet and was built in 2006. Each side provides three bedrooms, two bathrooms, a den, and a single garage, creating matching residential layouts within the two-unit property. Tile flooring extends throughout both residences, and the roof was replaced in 2022.
The property is located at 110 Pullman St in Lehigh Acres, near SR 82 and Fort Myers. Dining and shopping are also nearby, adding convenient access to everyday services.
The property is located at 110 Pullman St in Lehigh Acres, near SR 82 and Fort Myers. Dining and shopping are also nearby, adding convenient access to everyday services.
Key Highlights
- 2,246‑square‑foot duplex built in 2006
- Each side has 3 bedrooms, 2 bathrooms, and a den
- Single garage serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,898
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,960
$478.0K
Cap Rate 7%
$341,400
$341.4K
Cap Rate 9%
$265,533
$265.5K
Market Conditions
NOI Build-Up for 2,246 SF
Gross rent
$36.4K $16.20/SF
− Vacancy
−$2.2K −$1.00/SF
EGI
$34.1K $15.20/SF
− OpEx
−$10.2K −$4.56/SF
NOI
$23.9K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,960
Cap Rate 7%
$341,400
Cap Rate 9%
$265,533
Alternative Uses
Best Use
Multifamily LT 5
$341.4K
$298.7K – $398.3K
NOI $23,898 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$297.0K
$259.9K – $346.5K
NOI $20,790 @ 7.0% cap · market cap 4.53%
Theoretical Best
Specialty Retail
$864.6K
$756.6K – $1.01M
NOI $60,525 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 33974, FL
17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, a den, tile flooring, and a private single-car garage.
Where is this duplex located?
The property is located at 110 Pullman St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 2,246‑square‑foot duplex built in 2006; Each side has 3 bedrooms, 2 bathrooms, and a den; Single garage serving each unit
