Duplex with Attached One-Car
For Sale
$389,000
Pending
1728 E Powell Avenue, Fort Worth, TX 76104
MULTI_FAMILY - Fort Worth, TX
Property Size1,858 SF
Lot Size0.14 Acres
Days on Market62
Property Features for 1728 E Powell Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1
Parking
2
Parking features
Open, Driveway, Garage
Interior features
GraniteCounters
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal
Subdivision
Belmont Add
Elementary school
Edwardbris
Middle school
Morningsid
High school
Polytechni
Elementary school district
Fort Worth ISD
Middle school district
Fort Worth ISD
High school district
Fort Worth ISD
Directions
From S. Riverside Drive go east on E. Powell. Duplexes are east of Ash Crescent Street.
Standard status
Pending
APN
00181064
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
BELMONT ADDITION BLOCK 12 LOT 8
Tax Annual Amount
9311
Legal Description
BELMONT ADDITION BLOCK 12 LOT 8
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
FiberCement
Roof type
Composition
Listing Agency:
Prime Properties Realty
(817) 818-9160
Listed By:
Levi Mills · License #0663266
(817) 881-1280
Added: Jun 1
Changed: Jul 29
Last Checked: Aug 1 at 5:06AM
MLS# 21250473
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex investment property offers two units, each featuring 2 bedrooms, 1.5 bathrooms, and a one-car attached garage. The units are described as having functional layouts, and the property is presented as a value-add opportunity. The listing also notes that below-market financing may be available, including a seller-paid rate buy-down to 4.99% on a 30-year fixed loan through a preferred lender.
The property is located at 1728 E Powell Avenue in Fort Worth, TX 76104, within an Opportunity Zone. The remarks state it is just minutes from downtown Fort Worth and the Hospital District, with convenient access to I-35, I-30, I-20, and Hwy 287. The listing further indicates the duplex is part of a small portfolio, with permits previously approved and development paused while city street and utility infrastructure were completed—now nearing completion. The listing also states that three duplexes are available as part of the portfolio.
The property is located at 1728 E Powell Avenue in Fort Worth, TX 76104, within an Opportunity Zone. The remarks state it is just minutes from downtown Fort Worth and the Hospital District, with convenient access to I-35, I-30, I-20, and Hwy 287. The listing further indicates the duplex is part of a small portfolio, with permits previously approved and development paused while city street and utility infrastructure were completed—now nearing completion. The listing also states that three duplexes are available as part of the portfolio.
Key Highlights
- Duplex under construction (Year built 2026) with fiber cement construction and composition roof
- 2BR, 1.5BA units with 1‑car attached garage and 929 SF per side
- Interior includes granite countertops; flooring is vinyl throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.7k | $27.84 |
| − Vacancy | −$5.3k | −$2.83 |
| EGI | $46.5k | $25.01 |
| − OpEx | −$13.9k | −$7.50 |
| NOI | $32.5k | $17.51 |
1,858 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$464.7K
$406.6K – $542.2K
NOI $32,530 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$403.6K
$353.2K – $470.9K
NOI $28,253 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$674.9K
$590.6K – $787.4K
NOI $47,245 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with 2-bedroom, 1.5-bath layouts and one-car attached garages, near major interstate access.
Where is this duplex located?
The property is located at 1728 E Powell Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Duplex under construction (Year built 2026) with fiber cement construction and composition roof; 2BR, 1.5BA units with 1‑car attached garage and 929 SF per side; Interior includes granite countertops; flooring is vinyl throughout
