2436/2438 Joe Ave S Lehigh Acres, FL 33973
Your savings
About this home
Discover this exceptional duplex investment property in Lehigh Acres, offering a total of 1,974 square feet of living space across two units, each featuring 2 bedrooms and 2 bathrooms for comfortable, modern living. Built in 2006 on a spacious 0.29-acre lot, this multi-family home allows you to live on one side while having tenants on the other to help pay your mortgage, making it an ideal choice for owner-occupiers or savvy investors seeking steady rental income. Both units have been recently renovated with thoughtful updates, including tile flooring throughout common areas, carpet in the bedrooms, ample cabinetry, ceiling fans, and spacious master bedrooms, ensuring a fresh and appealing environment for residents. The tenant side is professionally managed for hassle-free ownership, with a new leases in July. A new shingle roof was completed in 2025, providing peace of mind and long-term durability, while additional features like central electric heating, central cooling, attached garage parking, and included refrigerators and washers in each unit add to the property's convenience and value. Situated in a desirable Lehigh Acres location with no subdivision restrictions, this duplex offers quick access to Route 82 for easy commuting and is conveniently close to Lee Blvd, placing shopping, dining, and essential amenities just moments away.
Source: FORTMYERS #2025005300
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.