1906 Grainger Street

Fort Worth, TX 76110

$575,000
Price
4
Beds
2,640 Sq. Ft.
$218 / Sq. Ft.
2,640
Sq. Ft.
$218
per Sq. Ft.

Description

Back on the Market! Priced to sell. Previous Buyer couldn't arrange financing. Income-Producing Quadruplex in Prime Fort Worth Location. Located in the Hospital District near TCU, Magnolia Avenue, and Downtown Fort Worth. This quadruplex is in a high-demand rental area with access to shopping, dining, and more! This four-unit property, built in 1922, offers a blend of historic character and modern updates, making it an attractive option for tenants and investors. With 2,640 sq. ft. of rentable space,...Back on the Market! Priced to sell. Previous Buyer couldn't arrange financing. Income-Producing Quadruplex in Prime Fort Worth Location. Located in the Hospital District near TCU, Magnolia Avenue, and Downtown Fort Worth. This quadruplex is in a high-demand rental area with access to shopping, dining, and more! This four-unit property, built in 1922, offers a blend of historic character and modern updates, making it an attractive option for tenants and investors. With 2,640 sq. ft. of rentable space, each unit features central HVAC, laminate flooring, and updated kitchens, ensuring low maintenance and tenant appeal. The property generates $52,440 in gross annual income with a 6.24% cap rate, making it a solid addition to any real estate portfolio. The common parking area provides off-street convenience for tenants, and the low-maintenance siding exterior minimizes upkeep costs. Whether you're a seasoned investor or looking to enter the rental market, this turnkey property offers strong cash flow and appreciation potential. Schedule your private tour today and capitalize on this exceptional investment.
  1. Listed by David Maez • TREC #0549280 • Vivo Realty • 214-705-7705
  2. Listed by Destanie Gregory • TREC #0696577 • Vivo Realty

Property Details for 1906 Grainger Street

Subdivision Name
Bellevue Hill Add
Pool
No
Number Of Parking Spaces
4
LISTING UPDATED: 02/16/2025 05:30 PM

Property Details for 1906 Grainger Street

StatusActive
MLS #20794348
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1922
Lot Size0.14 AC / 6,098 SF
CountyTarrant County

Building Information for 1906 Grainger Street

Stories2Residences4Year Built1922Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 1906 Grainger Street

Summary
Location and General Information
  • Block: Z
  • Complex Name: Bellevue Hill
  • Directions: Use GPS
  • Elementary School: Daggett
  • Elementary School Name: Daggett
  • High School: Paschal
  • High School Name: Paschal
  • Middle School: Daggett
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.72
  • Longitude: -97.33
  • State: Texas
Parking
  • Parking Features: Common
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: BELLEVUE HILL ADDITION BLOCK Z LOT E 1/2 OF N
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: E
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Laminate
  • Heating: Central, Electric
  • Interior Features: Other
  • Appliances: Other
  • Basement: No
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Multi Parcel ID: No
  • Parcel Number: 00171646
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 6.24%
  • Gross Annual Expenses: $16,544
  • Gross Annual Income: $52,440
  • Insurance Expense: $2,400
  • Net Operation Income: $35,895.00

Property History for 1906 Grainger Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1906 Grainger Street

Taxable ValueLand$36,488Additions$232,857Total$269,345
Tax Record2023$4,928 ($411 / month)
Home Facts
Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size6,081 SqFtStyleTriplexYear Built1922Year Renovated1955CountyTARRANTAPN2210-Z-3-31

Schools near 1906 Grainger Street

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Daggett Elementary School
PublicPK to 5

Daggett Middle School
Public6 to 8

Paschal High School
Public9 to 12

Daggett Montessori
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1906 Grainger Street is a multi-family home for sale in Fort Worth, TX 76110. This property was listed for sale on December 10, 2024 by Vivo Realty, it's currently listed at $575,000. It has been on the market for a total of 75 days and was last sold on September 12, 2023. This listing's school district is Fort Worth Independent School District. Nearby schools include Daggett Elementary School, Daggett Middle School and Paschal High School. 1906 Grainger Street is a 4-bed, 4-bath, 2,640 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vivo Realty, David Maez; Vivo Realty, Destanie Gregory

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