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Duplex with Two 3-Bedroom Units

2156/2154 Edison Avenue, Fort Myers, FL 33901

For Sale
$445,000

ResidentialIncome, Fort Myers, FL

Property Size2,340 SF
Lot Size0.17 Acres
Price / SF$190.17
Days on Market89

Property Features for 2156/2154 Edison Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RM-16
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3
Patio and Porch features Patio
Pets allowed Yes
Interior features HighSpeedInternet
Exterior features Patio
Subdivision FORT MYERS
Lot features Rectangular Lot
Directions Check Your GPS
Standard status Active
APN 24-44-24-P4-00805.0170
Size 2,340 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CRANFORDS SUBD. BLK 5 PB 1 PG 30 LOT 17
Tax Annual Amount 7667
Legal Description CRANFORDS SUBD. BLK 5 PB 1 PG 30 LOT 17

Utilities

Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air

Building Details

Year built 2024
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Starlink Realty, Inc
Listed By: Rosa Colon · License FL #258024578
Added: Aug 15 Changed: Nov 10 Last Checked: Nov 11 at 12:06AM
MLS# 2026034758

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Completed in 2024, this 2,340-square-foot duplex contains two units, each with three bedrooms and two bathrooms. One unit is rented. The building has block, concrete, and stucco construction, tile flooring, central electric heating and air conditioning, and a patio. The property occupies a 0.168-acre lot.

The duplex is directly across from the Fort Myers Ice Skating Rink and minutes from downtown Fort Myers. Shopping, restaurants, entertainment, schools, and hospitals are among the nearby amenities. I-75, Fort Myers International Airport, Punta Gorda Airport, Gulf beaches, and marinas are also accessible from the area.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • One unit is already rented
  • 2,340 square feet on a 0.168‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,522
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,440 $590.4K
Cap Rate 7%
$421,743 $421.7K
Cap Rate 9%
$328,022 $328.0K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$44.4K $18.96/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$42.2K $18.02/SF
− OpEx
−$12.7K −$5.41/SF
NOI
$29.5K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,440
Cap Rate 7%
$421,743
Cap Rate 9%
$328,022

Alternative Uses

Best Use
Multifamily LT 5
$421.7K
$369.0K – $492.0K (±1% cap)
NOI $29,522 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$389.0K
$340.4K – $453.9K (±1% cap)
NOI $27,232 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$736.5K
$644.4K – $859.3K (±1% cap)
NOI $51,555 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,088
Businesses Nearby

Demographics for 33901, FL

22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Fort Myers, FL

$262 Jul
$227 Aug
$218 Sep
$211 Oct

Properties on Market for Duplexes in Fort Myers

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each unit has two bathrooms, with one already rented.
Where is this duplex located?
The property is located at 2156/2154 Edison Avenue Fort Myers, FL.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; One unit is already rented; 2,340 square feet on a 0.168‑acre lot
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