Home » Properties » 2105 FRANKLIN, Fort Myers FL 33901

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Duplex with 7% CAP Rate in Fort Myers Workforce Area

Fully leased duplex in Fort Myers near Downtown with 2BR/1BA units, stable tenants, and strong rental demand.

$360,000

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MLS #A11855872

Listing Updated: 2026-07-11 00:40:57

Listed By: United Realty Group Inc

Overview

This duplex located at 2105 FRANKLIN in Fort Myers offers a solid opportunity for investors seeking residential income properties. Built in 1950, the property features two fully leased units, each with two bedrooms and one bathroom. Situated in a prime workforce housing area, it provides convenient access to Downtown Fort Myers, major employers, shopping, dining, and public transit options. The stable tenant base and approximately 7% capitalization rate highlight its appeal as a steady income source in a market with strong rental demand and low vacancy risk.

Property Highlights

Fully leased duplex with stable tenants; Approx. 7% CAP rate; Close to employment hubs and amenities; Located minutes from Downtown Fort Myers; Motivated seller offering a solid investment opportunity.

Property Details

City: Fort Myers

State: FL

Zip Code: 33901

Address: 2105 FRANKLIN, Fort Myers FL 33901

Year Built: 1950

Property Type: Residential Income

Property Sub Type: Duplex

Listing Office Name: United Realty Group Inc

County: Lee County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $3,150

Days On Market: 302 Days

Original Listing Description

Located in a prime Fort Myers workforce housing area, this fully leased duplex offers immediate income and growth potential. Minutes from Downtown, with access to major employers, shopping, dining, and transit. Each unit is 2BR/1BA and occupied by reliable tenants, producing approx. 7% CAP. Strong rental demand and low vacancy risk.Highlights:Fully leased with stable tenantsApprox. 7% CAP rateClose to employment hubs and amenitiesMotivated sellerSolid opportunity for investors seeking steady cash flow in a high-demand market.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2105 FRANKLIN, Fort Myers FL 33901

About This Neighborhood

Situated in a key workforce housing neighborhood of Fort Myers, this property benefits from easy access to Downtown and essential services. The area is characterized by a mix of residential and commercial developments, providing tenants with convenient shopping, dining, and transit options. Its proximity to employment centers enhances its appeal to working professionals and families seeking affordable housing within reach of city amenities and transportation corridors.

Walkability & Lifestyle

Residents benefit from a walkable environment with nearby shopping, dining, and transit options within easy reach. The neighborhood's layout supports daily errands on foot, enhancing convenience. Access to Downtown Fort Myers and local parks further enriches the lifestyle, providing opportunities for outdoor activities and community engagement.

Things To Do Nearby

Fort Myers offers a variety of recreational and cultural activities close to the property. Residents can enjoy waterfront areas, dining establishments, entertainment venues, and parks. The proximity to Downtown allows easy access to nightlife, shopping, and community events. Outdoor enthusiasts can explore nearby marinas and golf courses, contributing to a balanced lifestyle.

Nearby Schools

The neighborhood surrounding 2105 FRANKLIN offers access to a range of educational institutions suitable for families and working professionals. Proximity to public schools and community resources adds to the area's residential appeal. Convenient school access supports tenants with children and contributes to the overall desirability of the location for long-term residency.

Why Buyers Like This Area

Buyers appreciate this area for its strategic location near Downtown Fort Myers and major employment centers. The neighborhood combines residential comfort with access to essential amenities and transit options. The duplex's stable tenancy and income potential align with buyer priorities for secure, income-producing properties in a high-demand market segment.

Investment Potential

This duplex presents a noteworthy opportunity for investors interested in residential income properties within Fort Myers. The property's location in a workforce housing area ensures consistent tenant interest, supported by proximity to major employers and amenities. The approximate 7% CAP rate reflects a balanced income potential relative to market conditions. Given the strong rental demand and low vacancy risk in the area, this property offers a stable cash flow prospect for cautious investors seeking reliable returns without speculative promises.

Market Trends

The Fort Myers residential rental market continues to demonstrate steady demand, particularly in workforce housing segments. Inventory for well-located duplexes remains limited, contributing to sustained interest from investors and renters alike. The area's accessibility to Downtown and employment hubs supports long-term desirability. Market trends suggest that properties offering stable tenancy and competitive CAP rates maintain their appeal amid evolving economic conditions.

Rental Income Potential

With both units fully leased, this duplex generates immediate rental income supported by reliable tenants. The property's location near major employers and transit options enhances its attractiveness to renters seeking convenient access to work and amenities. Seasonal demand and a stable local economy contribute to consistent occupancy levels, making this property suitable for investors prioritizing steady cash flow and tenant stability.