1122 N Center Street N, Arlington, TX 76011
MULTI_FAMILY - Arlington, TX
- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 7:06 pm
Property Features for 1122 N Center Street N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
- Interior features
- EatInKitchen, CableTv
- Appliances
- Dishwasher, ElectricCooktop, Disposal
- Standard status
- Active
- APN
- 00103756
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- AVONDALE PLACE ADDITION BLOCK 1 LOT 3C
- Tax Annual Amount
- 6362
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Composition, Shingle
Listing agent Jenna Harris License #0629804 (817) 734-1019
Listing office Property Rights Advocacy Group TX (817) 734-1019
Listing date Jun 18, 2026
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.
HighLights
- Duplex built in 1980 offering 4 bedrooms and 2 full bathrooms across 2,012 SF total living area
- Unit #1122 is 1,014 SF; Unit #1124 is 998 SF (both included in the duplex)
- 6,721 SF lot with a common concrete parking area for residents and guests with room for 6–8 cars
- Central heating and central air plus ceiling fans; electric heating and cooling noted
- Brick construction with a composition shingle roof and slab foundation
- Utilities include public water and public sewer; one unit is on a 1‑year lease at $1,350/month starting May 9, 2026, and the other unit will be delivered vacant
Overview
The building is located in Arlington ISD within the Arlington Entertainment District area. Public remarks indicate the home is minutes from stadiums and attractions, supporting a tenant mix that may include both longer-term residents and short-term stays.
For investors, one side is currently secured on a one-year lease with monthly rent of $1,350 starting May 9, 2026, providing near-term income stability. The second unit is anticipated to be delivered vacant, allowing an owner to market it for traditional occupancy or operate it as a short-term rental, subject to applicable rules and regulations.
Local 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 | $30.7k | $15.24 |
| − Vacancy | −$2.4k | −$1.20 |
| EGI | $28.2k | $14.04 |
| − OpEx | −$8.5k | −$4.21 |
| NOI | $19.8k | $9.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.104873
- Latitude
- 32.752376