Listing provided courtesy of CENTURY 21 Judge Fite Co.- MLS# 21125786MLS ProviderContact Information: Sarah Lyons - 817-731-8667

1301 Grand AvenueFort Worth, TX 76164

Multi-Family · 7 Beds · 4 Full Baths · 2,789 Sq. ft. | 0.30 Acres
$375,000 Pending

1301 Grand Avenue Overview

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THE BUYER COULDN'T GET APPROVED FOR FINANCING! Discover a rare opportunity in Fort Worth’s North Side — a beautifully updated 1920s Craftsman duplex just 2 miles from downtown! This unique multifamily property offers 2 fully independent units across 2,789 sq ft on a spacious 0.303-acre lot. The front unit (4 bed, 2 bath) was tastefully renovated within the last 5 years and showcases double-pane windows, LVP flooring, real wood floors in the primary bedroom, granite countertops, stainless steel appliances, white cabinets, updated bathrooms, and a welcoming front porch. Extras include a mudroom, stackable laundry, ceiling fans, and faux wood blinds. One bedroom features an exterior entrance, offering flexible use as a home office or bonus income space. The rear unit (3 bed, 2 bath), perched above the garage, features a private deck, white appliances, large in-unit laundry room, and ceiling fans throughout. Parking is plentiful with side access and rear spaces available. Zoned for multifamily use, this versatile property is ideal for an owner-occupant looking to live in one unit and lease the other for supplemental income or to start your investing empire! Located right off Hwy 199 & University, this home is close to parks, restaurants, and all the culture of downtown Fort Worth. A true investment gem with charm, income potential, and unbeatable location!

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1301 Grand Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,789
  • Price/Sq.ft. $134
  • Lot 0.30 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Fort Worth ISD
  • Elementary School: Mendoza
  • Middle Or Junior School: Elder
  • High School: Northside

Green Features

  • Green Energy Efficient: Windows

Income/Expenses

  • Gross Income: 36000.0
  • Insurance Expense: 5500.0
  • Net Operating Income: 23100.0
  • Operating Expense Includes: Insurance,New Tax

Building Information

  • Year Built: 1922
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: FORT WORTH
  • Subdivision Name: North Fort Worth

Community/Development

  • Community Features: Sidewalks

Tax Information

  • Tax Annual Amount: 7464.0

General Information

  • Exclusions: mineral rights. An easement will be given to the buyer with driveway access so the seller and access his commercial property behind.
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 01916483
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 7

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2789.0

General Information

  • Appliances: Some Gas Appliances,Dishwasher,Electric Oven,Disposal,Plumbed For Gas
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank,Wood
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet,Cable TV
  • Levels: One
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Driveway,Garage,Oversized,Shared Driveway,Garage Faces Side,Storage,Workshop in Garage
  • Parking Total: 5.0

Lot Information

  • Lot Features: Corner Lot,Cul-De-Sac,Irregular Lot
  • Lot Size Acres: 0.303
  • Lot Size Area: 0.303
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 13198.68
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick,Unknown
  • Patio And Porch Features: Rear Porch,Front Porch,Patio,Side Porch,Covered
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 1.0
  • Exterior Features: Rain Gutters
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Available,Phone Available,Sewer Available,Separate Meters,Water Available,Cable Available

Unit Information

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 4 Bedroom Or More
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1301 Grand Avenue Market Data

Based on the last 30 days in this zip code

$318,107
Average List Price
$167
Average Price per Square Foot
6
Properties Sold
89
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network


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