Prime Investment Opportunity in a Central Metroplex Location! It is hard to find an investment property these days that has cash flow, this one does! This is a 7% cap rate which is unheard of these days! Bring me offers! No seller financing.
This updated 4-unit property offers excellent potential for cash flow. Each two-story unit features recently upgraded interiors, including some with granite countertops, new appliances, new flooring, paint, and more. Two of the units have new HVAC's. The layout includes bedrooms on the second floor, while the first floor includes the living, dining, kitchen, and a half bath. Each unit also comes with a wood-burning fireplace and washer & dryer hookups. Rental history ranges from $1,200 to $1,300 per month. Located just 5 minutes from downtown Fort Worth and 8 minutes from the hospital district.
For sale
Price cut: $15K (6/12)
$480,000
3200 McLean St, Fort Worth, TX 76103
2beds
3,248sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Wood-burning fireplaceNew appliancesNew flooringGranite countertopsWasher and dryer hookupsRecently upgraded interiors
- 35 days
- on Zillow |
- 822 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 10:41am
Listed by:
Sherry Patterson 0663367 817-666-3336,
Aspire Investments LLC 817-666-3336
Source: NTREIS,MLS#: 20932573
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Other
- Flooring: Luxury Vinyl Plank, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,248
- Total interior livable area: 3,248 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Common, Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 8,102.16 Square Feet
Details
- Parcel number: 03085198
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Tandyland Add
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $555,790
- Annual tax amount: $10,824
- Date on market: 5/11/2025
- Exclusions: Mineral Rights
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