1906 Grainger Street, Fort Worth, TX 76110
Local realty services provided by:ERA Empower
Listed by: david maez, destanie gregory
Office: vivo realty
MLS#:21294083
Source:GDAR
Price summary
- Price:$399,999
- Price per sq. ft.:$151.51
About this home
Four Doors. $400,000. Originally Listed at $575,000. The facts, then you decide: The price. This quadplex originally listed at $575,000. It's now $400,000, $100,000 per door in Fort Worth's Bellevue Hill, minutes from the Hospital District and TCU. The why. The owner holds this property from out of state and has priced it for a clean, fast exit. He's not interested in executing the upside. That's the buyer's to keep. The income: from the actual rent roll, available on request. Three units are occupied and paying: two at $975 per month, one at $840 per month. The fourth unit is vacant, rent-ready, and currently listed for lease at $975, lease it day one or use it as your test case. In-place rents total $2,790 per month occupied, $3,765 at full occupancy at current rates. The upside? Priced by a contractor, not a brochure. Cosmetic updates estimated at $12,000–$17,000 per door support stronger market rents; a full-scope renovation quote ($28,000–$34,000 per door) and a perimeter fence estimate ($4,000–$8,000) are also on file. The vacant unit means you can prove your rent number on one door before touching the other three. No tenant displacement. No leap of faith. The structure. Four units, one building, two stories, 2,640 SF, built 1922, central HVAC, laminate flooring, functional kitchens. Off-street parking, fenced front yard. Corner-adjacent lot on Grainger Street in an established rental corridor, walkable to Hemphill, near transit, with the Hospital District and TCU anchoring tenant demand. The diligence file is built. Rent roll, lease dates, contractor estimates, and tax records ready to send same-day to serious buyers. Underwrite it yourself: note Tarrant County's 2.19% rate is based on much lower assessment than sales price. Tenant-occupied: showings by appointment with advance notice. If multiple offers are received, a deadline will be set. Four doors. A hundred grand each. Documents, not promises....
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Home facts
- Year built:1922
- Subdivision & Development:Bellevue Hill Add
- Listing ID #:21294083
- Added:57 day(s) ago
- Updated:August 03, 2026 at 11:42 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Laminate
- Living area:2,640 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1922
- Building area:2,640 sq. ft.
- Lot area:0.14 Acres
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Paschal
- Middle school:Daggett
- Elementary school:Daggett
Finances and disclosures
- Price:$399,999
- Price per sq. ft.:$151.51
- Tax amount:$7,002
Parking
- Total parking spaces:4
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