Fort Worth, TX 76116,7504 Chapin RD
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$ 724,500
Est. payment | /mo

8 Beds

8 Baths

4,298 SqFt


$ 724,500
Est. payment | /mo

8 Beds

8 Baths

4,298 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,298 sqft

Price per Sqft $168

Subdivision Highland Homes Add

MLS Listing ID 21063188

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N No

Year Built 1984

Annual Tax Amount $11,416

Lot Size 0.284 Acres

Acres 0.284

Property Sub-Type Quadruplex

Property Description

Unlock immediate income potential with this rare multi-family fourplex, ideally situated in the heart of Highland Homes. Each of the four units offers a private front entrance, a fenced backyard patio, and a thoughtfully designed two-bedroom, 1.5-bath layout that appeals to long-term tenants. Inside, residents enjoy expansive living rooms with fireplaces, open dining areas, efficient kitchens, convenient first-floor half baths with utility closets, and upstairs layouts featuring two spacious bedrooms and a full bath. Two units have been recently updated with modern finishes, including fresh neutral paint, new flooring and carpet, updated fixtures, and kitchens enhanced with granite countertops, stainless sinks, and newer appliances, while select bathrooms showcase granite vanities and stylish hardware. With three units already occupied, the property is generating steady rental income, complemented by recent capital improvements such as two HVAC systems replaced within the past three years. Additional conveniences include covered rear carport parking and extra open spaces for guests. Tenants will also appreciate the unbeatable location with easy access to Camp Bowie Blvd, I-20, Highway 377, Loop 820, and I-30, making commutes across the metroplex quick and convenient. A true turnkey opportunity, this fourplex is perfectly suited for both seasoned investors seeking reliable returns and first-time buyers eager to own an income-producing property in a prime Fort Worth location.

Location

State TX

County Tarrant

Community Trails/Paths, Curbs

Direction From Interstate 20, head North on US Hwy 377, Left on Kermit Ave, Right on Bonnie Dr, Right on Chapin Rd, destination will be on your Left!

Interior

Interior Features Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)

Heating Central, Electric, Fireplace(s)

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Ceramic Tile, Luxury Vinyl Plank, Tile, Vinyl, Wood

Fireplaces Number 1

Fireplaces Type Decorative, Living Room, Masonry, Raised Hearth, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan

Exterior

Exterior Feature Lighting, Private Yard

Parking Features Additional Parking, Assigned, Concrete, Covered, Carport, Detached Carport, Lighted, Outside, On Street

Carport Spaces 4

Fence Back Yard, Fenced, Full, Gate, Privacy, Wood

Pool None

Community Features Trails/Paths, Curbs

Utilities Available Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition,Shingle

Road Frontage All Weather Road

Total Parking Spaces 4

Garage No

Building

Lot Description Interior Lot, Landscaped, Level, Few Trees

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Luellamerr

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Senior Community No

Tax ID 04813235

Security Features Smoke Detector(s),Security Lights

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21063188

Anel Perales

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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7504 Chapin RD