Property
Beds
10
Full Baths
6
1/2 Baths
None
Year Built
1934
Sq.Footage
N/A
Rare chance to acquire a value-add 6-plex in one of Fort Worth’s fastest-growing redevelopment corridors. Minutes from Downtown, the Medical District, and Texas Wesleyan University, this property is ideal for investors seeking upside, appreciation, and long-term rental income. The building offers strong fundamentals with a new roof, good foundation, new front gate, and completely separated utilities—6 electric meters, 6 water meters, 6 gas meters. Four of the six units are vacant and boarded for security, ready for renovation and repositioning. Investment Highlights Value-add 6-unit multifamily 4 of 6 units vacant renovation needed Solid structure: new roof & good foundation Individually metered: 6 electric 6 water 6 gas Appraisal available upon request As Is Value: $420,000 ARV: $720,000 Vacant units boarded easy access for construction New construction and redevelopment throughout the neighborhood BONUS: Can be purchased as a package with the 5-plex next door 2265 E Evans Ave Discount available for purchasing both properties together Package Deal Opportunity Buyers have the option to acquire the 6-plex adjacent 5 plex, creating an 11 unit portfolio on the same block. Perfect for: BRRRR investors Small-to-mid-size multifamily operators Developers looking for a long-term hold in a rapidly improving area Buyers wanting strong economies of scale (shared crews, shared maintenance, shared management) Package pricing and financials available upon request. Neighborhood & Growth Located in the heart of Fort Worth’s Southside revitalization zone, with new builds on nearly every street. This area is experiencing rising rents, strong investor activity, and major planned redevelopment. Access & Showings Serious inquiries only. Proof of funds required prior to showing. Appraisal, Survey CO upon request.
Features & Amenities
Interior
-
Other Interior Features
Pantry
-
Total Bedrooms
10
-
Bathrooms
6
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.276
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$399,999
-
Tax Amount
3857.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Carrollpea
-
Middle School
Morningsid
-
High School
Polytechni
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
27
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Carrollpea
Middle School
Morningsid
High School
Polytechni
Listing Courtesy of Nir Sheinbein , Texas Ally Real Estate Group
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