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Active

$800,000

  • 9 beds
  • 4 baths
  • 0.12 acre lot

1501 W Morphy Street

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Listing data updated

About this home

1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth's highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced…

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1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth's highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced unit mix consisting of three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Significant capital improvements include a roof replacement in 2014, along with plumbing, HVAC, and electrical upgrades completed in 2016. Residents benefit from walkable access to Magnolia Avenue's popular dining and entertainment destinations, including Salsa Limón, Maggie's R&R, Melt Ice Cream, and numerous other neighborhood amenities. With established in-place rental income, historical capital improvements, and proximity to Fort Worth's Medical District and Near Southside, 1501 W Morphy offers investors the opportunity to acquire a stabilized multifamily asset in an established urban infill location. Capitalize on this opportunity to add a fully occupied, income-producing asset to your investment portfolio. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity.

Bedrooms
9
Bathrooms
4
Lot size
0.12 acres
Year built
1926
Property type
Quadruplex
Status
Active
MLS number
21428349

Listing courtesy of League Real Estate

Office phone 817-523-9113

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
9
Bathrooms
4

Lot

Lot size
0.12 acres

Building

Year built
1926
Property type
Quadruplex

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Listing courtesy of League Real Estate. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated

1501 W Morphy Street | $800,000 · 9 bd · 4 ba | QRE Team