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  • $523,000

    738 Gretchen Ave S, Lehigh Acres, FL 33973

    4beds
    2,400sqft
    : 
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    Duplex, Multi Family
    Built in 2020
    -- sqft lot
    $512,800 Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Granite countertopsOpen-concept floor planTile flooring throughout
    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.
    37 days
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    19
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Adriana Vrillaud 786-863-2550,

    North and Vrillaud Realty Group,

    Anna North 239-850-7117,

    North and Vrillaud Realty Group

    Source: Florida Gulf Coast MLS,MLS#: 2026025467MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Features
      • Flooring: Tile
      • Windows: Sliding
      Interior area
      • Total structure area: 2,400
      • Total interior livable area: 2,400 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: None
      • Waterfront features: None
      Lot
      • Size: 0.29 Acres
      • Dimensions: 100 x 125 x 100 x 125
      • Features: Rectangular Lot
      Details
      • Parcel number: 334426L307015.0100
      • Lease amount: $0
      • Land lease expiration date: 1795996800000
      • Zoning description: RM-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Concrete, Stucco
      • Roof: Shingle
      Condition
      • Resale
      • Year built: 2020

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: LEHIGH ACRES
      HOA
      • Amenities included: None
      Location
      • Region: Lehigh Acres

      Financial & listing details

      • Price per square foot: $218/sqft
      • Annual tax amount: $6,186
      • Date on market: 6/15/2026
      • Cumulative days on market: 306 days
      • Listing terms: All Financing Considered,Cash
      • Tenant pays: Cable TV, Electricity

        Estimated market value

        $512,800

        $487,000 - $538,000

        $1,874/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$523,000$218/sqft
        Source: Florida Gulf Coast MLS #2026025467 Report a problem
        5/29/2026Listing removed$523,000$218/sqft
        Source: Florida Gulf Coast MLS #2025008445 Report a problem
        3/19/2026Price change$523,000-2.2%$218/sqft
        Source: Florida Gulf Coast MLS #2025008445 Report a problem
        1/26/2026Price change$535,000-4.3%$223/sqft
        Source: Florida Gulf Coast MLS #2025008445 Report a problem
        11/27/2025Price change$559,000-6.7%$233/sqft
        Source: Florida Gulf Coast MLS #2025008445 Report a problem
        9/2/2025Listed for sale$599,000$250/sqft
        Source: Florida Gulf Coast MLS #2025008445 Report a problem
        11/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/3/2023Listed for rent$1,950$1/sqft
        Source: Zillow Rentals Report a problem
        10/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/5/2023Listed for rent$1,950$1/sqft
        Source: Zillow Rentals Report a problem
        1/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/6/2022Listed for rent$1,950$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33973

        Getting around

        11 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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