1501 W Morphy Street, Fort Worth, TX 76104
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: ross utley
Office: league real estate
MLS#:21428349
Source:GDAR
Price summary
- Price:$800,000
- Price per sq. ft.:$175.75
About this home
1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth's highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced unit mix consisting of three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Significant capital improvements include a roof replacement in 2014, along with plumbing, HVAC, and electrical upgrades completed in 2016. Residents benefit from walkable access to Magnolia Avenue's popular dining and entertainment destinations, including Salsa Limón, Maggie's R&R, Melt Ice Cream, and numerous other neighborhood amenities. With established in-place rental income, historical capital improvements, and proximity to Fort Worth's Medical District and Near Southside, 1501 W Morphy offers investors the opportunity to acquire a stabilized multifamily asset in an established urban infill location. Capitalize on this opportunity to add a fully occupied, income-producing asset to your investment portfolio. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity....
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Home facts
- Year built:1926
- Subdivision & Development:Mc Anulty & Nye Sub
- Listing ID #:21428349
- Added:3 day(s) ago
- Updated:November 09, 2026 at 01:02 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,552 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1926
- Building area:4,552 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Brick
- Levels:2 Story
Schools
- High school:Paschal
- Middle school:Daggett
- Elementary school:De Zavala
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$175.75
- Tax amount:$11,011
Parking
- Total parking spaces:3
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