$399,999

Estimated payment $2,425/month

Total Views 3,203
10 Beds
6 Baths
4,856 Sq Ft
$82 Price per Sq Ft

About This Home

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.

Listing Agent

Nir Sheinbein

Texas Ally Real Estate Group Brokerage Phone: 858-539-5219 License #0795672 Listed on: 11/25/2025

Texas Ally Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 1934

Lot Details

  • 0.28 Acre Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Schools

  • Carrollpea Elementary School
  • Polytechni High School

Listing and Financial Details

  • Legal Lot and Block 27 / 29
  • Assessor Parcel Number 02855607

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • 4,856 Sq Ft Building
  • Southland Sub Subdivision

Building Details

  • Gross Income $22,200
  • Net Operating Income $19,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,857

Year Built

Built in 1934

Lot Details

0

Listing Details

  • OWNERNAME: Har-Evan LLC
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 858-539-5219
  • CapRate: 5.0
  • Co List Office Mls Id: TREG01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:02855607
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1934

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Concrete

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 10

Exterior Features

  • Foundation: Slab
  • Roof: Asphalt
  • Construction Materials: Block
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Other
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Sewer Available, Water Available

Schools

  • Elementary School: Carrollpea
  • High School: Polytechni
  • Junior High Dist: Fort Worth ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.276
  • Parcel Number: 02855607
  • Lot Size Acres: 0.276
  • Lot Size Sq Ft: 12022.56

Building Info

  • Year Built: 1934
  • Units Total: 6

Tax Info

  • TaxBlock: 29
  • Tax Lot: 27
  • Tax Annual Amount: 3857.0

Multi Family

  • Annual Gross Income: 22200.0
  • Property Net Operating Income: 19980.0

MLS Schools

  • MiddleOrJuniorSchool: Morningsid

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $399,999 -- $82 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21120700

North Texas Real Estate Information Systems (NTREIS)