$575,000

1906 Grainger St Fort Worth, TX 76110

$6,828
Closing credit¹
4 beds
4 full
0.1 acres
Multi-Family

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

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Lot size0.14 Acres
Year built1922
ParkingCommon
MLS #20794348

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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multi unit property featuring a fenced front yard and a gate

$575,000

1906 Grainger St

$6,828

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

62%
<35k
34%
35k-100k
2%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
19%
Single, with Kids
11%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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