$5,106

closing credit¹

5518 Billings St Lehigh Acres, FL 33971

$429,999
6 beds
4 full, 2 partial
3,280 sqft
0.2 acres
$131 / sqft
House

Property details

About 5518 Billings St

Hard to find turnkey duplex investment opportunity in the heart of Lehigh Acres. This well-constructed property boasts two separate 3 bed, 2.5 bath, with 1,640 sqft each, offering ample space for multiple tenants. Currently occupied by a mix of month-to-month and one-year lease tenants. Live in one & rent the other, or continue to rent both for excellent chance to increase your cash flow. Nestled in the vibrant neighborhood of Centennial Park, the property enjoys proximity to desirable amenities. Lehigh Senior High School is just a short distance away, perfect for families with teenagers. Nature enthusiasts will appreciate the nearby Buckingham Community Park, providing a serene escape for outdoor recreation. The quality of construction ensures long-term value and minimal maintenance concerns. With its strategic location and robust rental income potential, this multi-family home is an ideal addition to any real estate portfolio. Don't miss the opportunity to enhance your investment strategy with this promising property in a growing community. Investor notes: Potential yearly gross rents for combined units: $52,800+. Roof 16 years old. No HOA/CDD. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. IF THIS IS “NOT ON MY MLS," please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size3,280 sqft
Lot size0.16 Acres
Year built2008
MLS #T3546876
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: T3546876
  • MLS Name: MFRMLS
  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: KEVIOUS DOUGLAS

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a garage

$429,999

5518 Billings St

$5,106

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 12, 2010
Home Sold
$40,000
Apr 02, 2007
Home Sold
$27,500
Dec 27, 2006
Home Sold
$39,000

Tax history

YearAssessmentProperty Tax
2023$171,002$2,539
2022$161,221$1,553
2021$118,042$2,346
2020$110,637$2,013
2019$106,811$2,005
2018$97,101$1,892
2017$90,428$1,755

History based on county public records data.

Nearby schools

4

Tortuga Preserve Elementary School

Public District KG-5

1.7 mi

1711 Gunnery Rd N

4

Harns Marsh Elementary School

Public District KG-5

3.2 mi

1800 Unice Ave N

4

Sunshine Elementary School

Public District KG-5

3.6 mi

601 Sara Ave N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,574. Typical income of Lehigh Acres, FL residents is between $35k-100k annually. Most families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

24%
<35k
62%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
23%
Single, with Kids
21%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • BasketballBasketball
  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jasons DeliJasons Deli
  • Church's ChickenChurch's Chicken
  • WingstopWingstop

What do the neighbors drive?

  • AcuraAcura
  • ChevroletChevrolet
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5518 Billings St

This home is located at 5518 Billings St in Lehigh Acres, FL and zip code 33971 in the Centennial neighborhood. This 3,280 square foot home, which was built in 2008, sits on a 0.16 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 7, 2024 and is currently priced at $429,999.

Lehigh Acres, FL housing market in January 2025 saw over 26 listings sold above listed price, more than 73 sold at listed price and over 155 sold below. The inventory of homes for sale in Lehigh Acres, FL between December and January 2025 increased by 20%. The median list price of listings available in January 2025 was $365,004, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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