Duplex with Private
For Sale
$420,000
920 SE 6th CT, Cape Coral, FL 33990
Both residences include in-unit laundry, screened outdoor space, and a one-car garage.
Property Size2,410 SF
Price / SF$174.27
Days on Market152
Property Features for 920 SE 6th CT
General Information
Standard status
Active
Size
2,410 SF
Total Parking Spaces
2
Elevators
No
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
needs a bit of updating on one side
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,919
Amenities
laundry in-residence
walk-in closets
private screened in lanai
private fenced in back yard
Building Details
Building Size
2,410 SF
Year Built
2004
Buildings
1
Listing Agency:
Century 21 Tri Power Realty
(239) 938-5432
Listed By:
Susan Betts · License #258009215
(239) 463-3400
Source:
Alfredrobbins
Added: Jun 3
Changed: Oct 31
Last Checked: Oct 31 at 12:10AM
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 Century 21 Tri Power Realty
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Investment Insights
Based on property information with market context.
Built in 2004, this 2,410-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and 1,205 square feet. Both sides have in-unit laundry, a primary-bedroom walk-in closet, a screened lanai, a one-car garage, and a fenced backyard. One side needs updating.
The roof date is listed as 8-2-2019, and the AC units are dated 2024 and 2025. The property is described as outside the flood zone and as having never flooded.
The roof date is listed as 8-2-2019, and the AC units are dated 2024 and 2025. The property is described as outside the flood zone and as having never flooded.
Key Highlights
- Two residences, each with 3 bedrooms, 2 baths, and 1,205 sq ft
- 2,410 sq ft total; built in 2004
- Each side has a screened lanai, fenced backyard, and 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,899
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,980
$638.0K
Cap Rate 7%
$455,700
$455.7K
Cap Rate 9%
$354,433
$354.4K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$47.7K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.6K $18.91/SF
− OpEx
−$13.7K −$5.67/SF
NOI
$31.9K $13.24/SF
Area
Cape Coral, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,980
Cap Rate 7%
$455,700
Cap Rate 9%
$354,433
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.7K
NOI $31,899 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,562 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$625.3K
$547.2K – $729.6K
NOI $43,773 @ 7.0% cap · market cap 10.42%
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
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry, screened outdoor space, and a one-car garage.
Where is this duplex located?
The property is located at 920 SE 6th CT Cape Coral, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2 baths, and 1,205 sq ft; 2,410 sq ft total; built in 2004; Each side has a screened lanai, fenced backyard, and 1‑car garage
