USATXFort WorthBellevue Hill Add1906 Grainger St

1906 Grainger St, Fort Worth, TX

House

For Sale

Listed price in listed location currency (USD).

$400,000

444

MLS® 21294083

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes $7,002

Days Active 13

Lot Size 0.14 Acres

Approx. Age 1922

MLS® Number 21294083

Property Address: 1906 Grainger St, Fort Worth, TX, 76110-1512

Average square foot calculated using Size range provided by listing agent.

Description

Four Doors. $400, 000. Originally Listed at $575, 000. The facts, then you decide: The price. This quadplex originally listed at $575, 000. It's now $400, 000, $100, 000 per door in Fort Worth's Bellevue Hill, minutes from the Hospital District and TCU. The why. The owner holds this property from out of state and has priced it for a clean, fast exit. He's not interested in executing the upside. That's the buyer's to keep. The income: from the actual rent roll, available on request. Three units are occupied and paying: two at $975 per month, one at $840 per month. The fourth unit is vacant, rent-ready, and currently listed for lease at $975, lease it day one or use it as your test case. In-place rents total $2, 790 per month occupied, $3, 765 at full occupancy at current rates. The upside? Priced by a contractor, not a brochure. Cosmetic updates estimated at $12, 000–$17, 000 per door support stronger market rents; a full-scope renovation quote ($28, 000–$34, 000 per door) and a perimeter fence estimate ($4, 000–$8, 000) are also on file. The vacant unit means you can prove your rent number on one door before touching the other three. No tenant displacement. No leap of faith. The structure. Four units, one building, two stories, 2, 640 SF, built 1922, central HVAC, laminate flooring, functional kitchens. Off-street parking, fenced front yard. Corner-adjacent lot on Grainger Street in an established rental corridor, walkable to Hemphill, near transit, with the Hospital District and TCU anchoring tenant demand. The diligence file is built. Rent roll, lease dates, contractor estimates, and tax records ready to send same-day to serious buyers. Underwrite it yourself: note Tarrant County's 2.19% rate is based on much lower assessment than sales price. Tenant-occupied: showings by appointment with advance notice. If multiple offers are received, a deadline will be set. Four doors. A hundred grand each. Documents, not promises.

MLS® Number21294083

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1922

Basement

DrivewayAdditional Parking, Common

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Electric

Extras

Map

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