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Turnkey income-producing duplex generating $3,400/month ($40,800 annually) representing approximately a 12% gross yield at the asking price with strong existing tenants already in place. Excellent opportunity for investors seeking immediate cash flow and minimal vacancy risk. Both units are currently leased with one secured through February 2027 and the second through April 2026 providing stable and predictable rental income from day one. Major capital improvements have already been completed including a new roof installed in 2023, both HVAC systems replaced in 2020, one water heater replaced in 2020, and a complete renovation of one unit in 2023 helping reduce near-term maintenance expenses. Each unit features a private entrance and separate rear lanai offering added outdoor space and privacy for tenants. The property also includes separate electric and water meters along with city water and sewer, simplifying management and utility billing for landlords. Conveniently located near Tamiami Trail, the property provides tenants with easy access to shopping, dining, everyday conveniences, and major commuter routes supporting consistent rental demand. With stable leases, recent system upgrades, separate utilities, and immediate income, this duplex represents a low-maintenance, income-producing investment and a strong addition to your rental portfolio. Interior photos reflect the property prior to current tenant occupancy and are representative of the unit layouts and finishes.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/13/2026 |
|---|---|---|---|
| TRACT | PORT CHARLOTTE SUB 03 | YEAR BUILT | 1973 |
| COMMUNITY | 34287 - North Port/Venice | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34287 - North Port/Venice |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Private Entrance, Private Yard, Storage |
| HEAT | Central |
| LOT | 7405 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | PORT CHARLOTTE SUB 03 |
| TAXES | 4697.03 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ed Kovalchuk, KOVI INVESTMENTS, LLC, 941-726-1216
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/13/26 9:48 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.