Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. 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 that minimizes immediate capital needs. This property is well 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.
For sale
$950,000
4015 SE 19TH AVENUE #5-9, CAPE CORAL, FL 33904
9beds
5baths
4,240sqft
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$854,500 Zestimate®
$224/sqft
$-- HOA
What's special
Ample parkingFunctional living spaces
- 103 days |
- 236 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Ralph Nudi 262-308-8939,
EPIQUE REALTY INC. 888-893-3537
Source: Stellar MLS,MLS#: A4693375
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 4,240 sqft
Video & virtual tour
Property
Features
- Exterior features: Courtyard
- Has view: Yes
- View description: City
Lot
- Size: 0.36 Acres
Details
- Parcel number: 084524C100385.0160
- Zoning: RML
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Membrane,Shingle
Condition
- Completed
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $476,710
- Annual tax amount: $8,612
- Date on market: 5/12/2026
- Cumulative days on market: 14 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Zestimate®
$854,500
Estimated sales range
$812,000 - $897,000
Rent Zestimate®
$1,365/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $950,000$224/sqft |
Source: | ||
| 5/7/2026 | Listing removed | $950,000$224/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $950,000+13.9%$224/sqft |
Source: | ||
| 2/1/2026 | Listing removed | $833,999$197/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 1/13/2026 | Price change | $833,999-2.9%$197/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 11/3/2025 | Price change | $859,000-1.3%$203/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 10/3/2025 | Price change | $869,900-3.3%$205/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 9/18/2025 | Price change | $899,900-6.3%$212/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 9/8/2025 | Price change | $959,900-1.5%$226/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 8/23/2025 | Price change | $974,900-1.5%$230/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 8/8/2025 | Price change | $989,900-0.9%$233/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 7/25/2025 | Listed for sale | $998,900+1327%$236/sqft |
Source: My State MLS #11543270 Report a problem | ||
| 11/26/2008 | Sold | $70,000-56.3%$17/sqft |
Source: Public Record Report a problem | ||
| 10/7/1997 | Sold | $160,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,612 +8.2% | $457,771 +10% |
| 2024 | $7,956 +4.5% | $416,155 +10% |
| 2023 | $7,611 +7.5% | $378,323 +10% |
| 2022 | $7,078 -0.7% | $343,930 +10% |
| 2021 | $7,128 +8.1% | $312,664 +10% |
| 2020 | $6,595 +9.3% | $284,240 -16.5% |
| 2019 | $6,034 | $340,464 +15.2% |
| 2018 | $6,034 +8.3% | $295,455 +5.1% |
| 2017 | $5,573 +29.9% | $281,248 +61.8% |
| 2014 | $4,289 +6.1% | $173,842 +13% |
| 2013 | $4,044 +31.1% | $153,900 +8.2% |
| 2012 | $3,086 +8.3% | $142,286 +12.5% |
| 2011 | $2,849 +8.9% | $126,430 +15.4% |
| 2010 | $2,616 -12.9% | $109,586 -16.4% |
| 2009 | $3,005 -56.8% | $131,060 -66.2% |
| 2007 | $6,959 -16.7% | $387,480 -14.3% |
| 2006 | $8,353 +55.4% | $451,950 +82.1% |
| 2004 | $5,374 +10.4% | $248,120 +16.4% |
| 2003 | $4,869 +16% | $213,100 +19.6% |
| 2002 | $4,196 | $178,230 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: 33904
Nearby schools
GreatSchools rating
- 7/10Cape Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10Gulf Middle SchoolGrades: 6-8Distance: 4.8 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 3.6 mi
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