#20857307, Matthew Tanel, Listing Office: Real
1906 Grainger St Fort Worth, TX 76110
Property details
About 1906 Grainger St
Back on the Market! Priced to sell. Previous Buyer couldn't arrange $$$. Income-Producing Quadruplex in Prime Fort Worth Location. It is located in the Hospital District, 8 minutes from TCU and Fort Worth Zoo. This quadruplex is in a high-demand rental area with access to shopping, dining, and more! This four-unit property, built in 1922, offers a blend of historic character and modern updates, making it an attractive option for tenants and investors. With 2,640 sq. ft. of rentable space, each unit features central HVAC, laminate flooring, and updated kitchens, ensuring low maintenance and tenant appeal. The property generates $52,440 in gross annual income with a 6.24% cap rate, making it a solid addition to any real estate portfolio. The shared parking area provides off-street convenience for tenants, and the low-maintenance siding exterior minimizes upkeep costs. Whether you're a seasoned investor or looking to enter the rental market, this turnkey property offers strong cash flow and appreciation potential. Schedule your private tour today and capitalize on this exceptional investment.
Highlights
Virtual tour
Summary
- MLS Number: 20794348
- MLS Name: NTR
- Office Name: Vivo Realty
- Office Phone: (214) 705-7705
- Listing Agent: David Maez II, Destanie Gregory
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Last updated on: 3/1/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
1906 Grainger St
$6,828
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $269,345 | $4,928 |
2023 | $245,292 | $4,928 |
2022 | $189,583 | $4,928 |
2021 | $162,163 | $4,448 |
2020 | $162,163 | $4,448 |
2019 | $162,163 | $3,255 |
2017 | $113,356 | $3,156 |
History based on county public records data.
Nearby schools
9
De Zavala Elementary School
Public District PK-5
0.4 mi
•1419 College Ave
2
E.M. Daggett Elementary School
Public District PK-5
0.5 mi
•958 Page Ave
3
Morningside Elementary School
Public District PK-5
1.0 mi
•2601 Evans Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,412. Most Fort Worth, TX residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 1906 Grainger St in Fort Worth, TX and zip code 76110 in the Magnolia neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $575,000.
While more than 1 listings in Fort Worth, TX in January 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. Between December and January 2025, Fort Worth, TX real estate market has seen increase in the number of listings by 7.5%. In January 2025 median list price was $294,999 and the average listing age was 19 days.