Back 1015 Southwest 48th Terrace
Off Market

1015 Southwest 48th Terrace

Cape Coral FL 33914

6
4
2404 sq. ft.
0.25 ac.
Duplex
Last sold for $402,500
Kristina GarrKristina Garr, last sold this property on 18 November 2025 after 91 days on market.

Overview

Great Investment Opportunity—Cape Coral Duplex! Looking for a reliable income-producing duplex with excellent tenant stability? Check out this 6 bed / 4 bath duplex (two identical 3 BED/2 BATH with garages) in a desirable spot near Cape Coral Parkway. • Built in 1985, with a solid structure and efficient systems and newer roof in place. • Tenants have been long-term residents and are interested in staying—providing immediate cash flow of $3,050/month which is under market. • Priced attractively at $425K (~$177/sq ft) with 2024 taxes at $5.5K/year. • Excellent net operating income potential, and low upkeep thanks to tenant-paid utilities. • Great location—close to shopping, schools, and major thoroughfares. Whether you're an investor or looking for a low-hassle, income-producing property, this duplex is priced and positioned to move fast.

Features

6 bedrooms
4 bathrooms
2404 sq. ft. floor area
0.25 ac. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Cape Coral over the last 12 months, the estimated median property value of 1015 Southwest 48th Terrace is $519.95k.

Median value
$519.95k
Estimated value range
$402.5k - $584k
Median days on market
75
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1015 Southwest 48th Terrace

2025
Sold
$402,500
18 Nov 2025 by Kristina Garr, of Red Key Realty Group LLC
2012
Sold
$85,800
04 May 2012 by T. Glenn Hasenfus, of RESULTS REAL ESTATE INC

Happy sellers in Cape Coral

77%
77% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Cape Coral over the last 12 months.

Local market activity for 6 bedroom duplexes in Cape Coral

In the last 12 months, 15 six-bedroom duplexes similar to 1015 Southwest 48th Terrace, have been sold.

This represents a 58% increase in six-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cape Coral

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent