About this home
Exceptional income-producing duplex built in 2020 and located in one of the fastest-growing areas of Lehigh Acres. This well-maintained property offers an outstanding opportunity for investors and owner-occupants alike, with each unit featuring 2 bedrooms plus a flexible den that can easily serve as a third bedroom, home office, or bonus living space, along with 2 full bathrooms and an open-concept floor plan. Designed for both style and functionality, each unit showcases tile flooring throughout, granite countertops, spacious kitchens with ample cabinetry, and bright living areas that create a comfortable and inviting atmosphere. Both sides also include a private 1-car garage, adding convenience and value for residents. Currently tenant-occupied, this property presents an excellent turnkey investment opportunity with immediate income potential in a high-demand rental market. The thoughtfully designed layout provides comfortable living spaces and broad appeal to tenants, supporting strong occupancy and long-term rental performance. Conveniently located near schools, shopping, dining, parks, and major roadways, with easy access to Fort Myers and surrounding Southwest Florida destinations. As Lehigh Acres continues to experience significant growth and development, this duplex offers excellent long-term appreciation potential and income-producing value. Whether you're looking to expand your investment portfolio or secure a well-positioned asset in a thriving market, this duplex is a fantastic opportunity to own a quality multifamily property in Southwest Florida.
Listing last checked: Listing updated:
Listed by Adriana Vrillaud, Anna North · North and Vrillaud Realty Group · MLS #2026025467
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Tile
Building3 property facts
- Style
- Duplex
- Year built
- 2020
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.287 acres
- Water
- Well
- Sewer
- Septic Tank
Financial3 property facts
- Annual taxes
- $6,187
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $523,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,160 / monthAdjust
- Principal & interest
- $2,645
- Property tax
- $516
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $6,187. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$523,000 · Aug 28, 2025
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About 738 Gretchen Avenue S
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