Well-Maintained Cape Coral
4015 SE 19TH AVENUE Cape Coral, FL 33904
Quadruplex - CAPE CORAL, FL
Type:Quadruplex
Property size:
4,240 SFLot size:
0.36 AcresPrice / SF:
$224/SF- Added:
- May 12, 2026
- Days on Market:
- 60
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 4015 SE 19TH AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RML
- Bedrooms
- 9
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Exterior features
- Courtyard
- Standard status
- Active
- APN
- 08-45-24-C1-00385.0160
- Size
- 4,240 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8612.45
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Membrane, Shingle
- Architectural style
- Other
Listing agent Ralph Nudi (262) 308-8939
Listing office EPIQUE REALTY, INC. 100 S Ashley Drive Ste 100, Houston, FL (888) 893-3537
Listing date May 12, 2026
MLS# A4693375
Listing URL
Copyright © 2026 Stellar MLS. 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 well-maintained multifamily property is located in a desirable Southeast Cape Coral location. The property features five units, including one 1-bedroom unit and four 2-bedroom units. The property is currently generating rental income, with potential for increased returns through rent adjustments, as several units are below market value. Select units have recent interior updates. The property is ideally located within walking distance of the newly renovated Jaycee Park. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well-cared-for appearance. The property is suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market. The property sits on a 0.36-acre lot and has 4240 square feet of living space. The zoning is RML.
Key Highlights
- Strong income‑producing property with potential for increased returns.
- Desirable Southeast Cape Coral location near the newly renovated Jaycee Park.
- Solid unit mix of one 1‑bedroom and four 2‑bedroom units.
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 | $84.0k | $19.80 |
| − Vacancy | −$3.8k | −$0.89 |
| EGI | $80.2k | $18.91 |
| − OpEx | −$24.1k | −$5.67 |
| NOI | $56.1k | $13.24 |
4,240 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$801.7K
$701.5K – $935.4K
NOI $56,122 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$743.0K
$650.1K – $866.8K
NOI $52,009 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.10M
$962.7K – $1.28M
NOI $77,012 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Income-producing multifamily property with upside potential in Southeast Cape Coral.
Where is this quadplex located?
The property is located at 4015 SE 19TH AVENUE Cape Coral, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Strong income‑producing property with potential for increased returns.; Desirable Southeast Cape Coral location near the newly renovated Jaycee Park.; Solid unit mix of one 1‑bedroom and four 2‑bedroom units.
