Two-Duplex Rental
For Sale
$695,000
1105 Park Street A & B, Arlington, TX 76011
Four occupied residential units include flexible month-to-month tenancy in three units and established rental income.
Property Size3,860 SF
Price / SF$180.05
Days on Market48
Property Features for 1105 Park Street A & B
General Information
Standard status
Active
Size
3,860 SF
Property subtype
Multi-Family
Building Details
Year Built
1980
Listing Agency:
Keller Williams Lonestar DFW
Listed By:
Holly Koester · License #0280307
(817) 991-4302
Source:
Brandeekelley
Added: Aug 28
Changed: Oct 1
Last Checked: Oct 7 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Lonestar DFW
Investment Insights
Based on property information with market context.
This offering combines two complete duplexes at 1105 and 1107 Park Street in Arlington. Together, the properties contain four 2-bedroom, 1-bath units, all currently occupied. Three units are leased month-to-month, providing flexibility within the existing tenancy structure. The buildings were constructed in 1980.
The property is located in Arlington’s Entertainment District, approximately a five-minute walk from AT&T Stadium. Globe Life Field, Texas Live, and Six Flags Over Texas are also nearby. The package format provides ownership of both duplex buildings in a single transaction, with current occupancy across all four units.
The property is located in Arlington’s Entertainment District, approximately a five-minute walk from AT&T Stadium. Globe Life Field, Texas Live, and Six Flags Over Texas are also nearby. The package format provides ownership of both duplex buildings in a single transaction, with current occupancy across all four units.
Key Highlights
- Two full duplexes sold together at 1105 and 1107 Park Street
- Four 2‑bedroom, 1‑bath units
- 100% occupancy across all four units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,929
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,580
$758.6K
Cap Rate 7%
$541,843
$541.8K
Cap Rate 9%
$421,433
$421.4K
Market Conditions
NOI Build-Up for 3,860 SF
Gross rent
$58.8K $15.24/SF
− Vacancy
−$4.6K −$1.20/SF
EGI
$54.2K $14.04/SF
− OpEx
−$16.3K −$4.21/SF
NOI
$37.9K $9.83/SF
Area
Arlington, TX
Vacancy
7.89%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,580
Cap Rate 7%
$541,843
Cap Rate 9%
$421,433
Alternative Uses
Best Use
Multifamily LT 5
$541.8K
$474.1K – $632.2K
NOI $37,929 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$427.2K
$373.8K – $498.4K
NOI $29,903 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.14M
$995.9K – $1.33M
NOI $79,670 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Explore this area
Business Placement
Demographics for 76011, TX
23,158
Population
11,991
Households
1.9
Avg Household Size
32
Median Age
27%
College-Educated
83%
High-School Grad
8.1 sq mi
ZIP Area
2,859
Density / Sq Mi
$51,910
Median Household Income
$36,580
Median Earnings
$1,266
Median Rent
$218,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Four occupied residential units include flexible month-to-month tenancy in three units and established rental income.
Where is this duplex located?
The property is located at 1105 Park Street A & B Arlington, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two full duplexes sold together at 1105 and 1107 Park Street; Four 2‑bedroom, 1‑bath units; 100% occupancy across all four units
