7500 Chapin Rd, Fort Worth, TX 76116

$619,900
8
BD
8
BA

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List Price
$619,900
MLS#
21348482
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1984
Construction Status
Preowned
Bedrooms
8
Full Baths
8
Acres
0.28
County
Tarrant
City
Fort Worth
Subdivision
Highland Homes Add
Building Name
Chapin

Property Description

Exceptional investment opportunity in a fast-growing area of Fort Worth! Discover a turnkey, solid income-producing fourplex featuring four spacious, two-story townhome-style units—each offering 1,075 square feet of living space with 2 bedrooms and 1.5 bathrooms. All units are fully updated, tenant-ready, and feature no carpet throughout. Kitchens are equipped with granite countertops, ample storage cabinetry, and subway tile backsplashes, while updated bathrooms showcase granite vanity tops, new toilets, fresh paint, and modern flooring. Each unit features open living spaces with charming fireplaces, durable laminate flooring, updated fixtures, a convenient downstairs guest half-bath, and dedicated washer and dryer hookups. Tenants enjoy private, fully fenced backyard courtyards, access to covered carport parking, and additional uncovered guest spots. Strategically positioned just off Camp Bowie, this asset offers seamless commutes to Downtown Fort Worth, local dining, shopping, and major regional employers like Lockheed Martin and the NAS Joint Reserve Base. Low deferred maintenance is highlighted by a roof replacement (2018), new perimeter fencing (July 2022), newer water heaters (Unit B 2021, Unit C 2025), updated AC ducting (Unit D 2022), and a replacement refrigerator (Unit C 2021). Tenants pay their own electric bills with an established $80 a month per unit bill-back for water and trash. (Note: Photos depict Unit D; Unit C features identical updates.)

Additional Information

Unexempt Taxes
$8,844
Amenities
Fireplace
Lot Size
12,371
Acres
0.28
Interior Features
Granite Counters
Flooring
Laminate
Foundation
Slab
Roof
Composition, Shingle
Stories
2
Pool Features
None
Fireplaces
1
Fireplace Type
Masonry
Exterior
Courtyard, Private Yard
Parking Garage
Additional Parking, Covered, Carport
School District
Fort Worth Isd
Elementary School
Waverlypar
Middle School
Leonard
High School
Westn Hill
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Jenna Harris from Property Rights Advocacy Group. Contact: