1 of 13
$800,000
- 9 beds
- 4 baths
- 0.12 acre lot
1501 W Morphy Street
View on mapAbout 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
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1501 W Morphy Street
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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