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    Two-Unit Duplex for Residential Income Title is generated by Realmo AI

    1122 N Center Street N, Arlington, TX 76011

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    Claim this Listing
    New
    For Sale
    $379,900

    MULTI_FAMILY - Arlington, TX

    Property size:
    2,012 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $188/SF
    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

    We can help!

    Listing Contact
    Jenna Harris

    Listing agent Jenna Harris License #0629804

    Listing office Property Rights Advocacy Group TX

    Listing date Jun 18, 2026

    MLS# 21253952 Listing URL

    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

    This duplex, built in 1980, contains two separate units totaling four bedrooms and two full bathrooms. The property includes central heating and cooling, a slab foundation, and a composition shingle roof. Each unit is configured as a complete residence, with a common concrete parking area sized to accommodate approximately 6–8 cars for residents and guests.

    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
    2,012 SF · lease $15.24/SF/yr · vacancy 7.89% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $282.4K
    $247.1K – $329.5K (±1% cap)
    NOI $19,771 @ 7.0% cap · market cap 5.20%
    Second Best
    Apartment 5plus
    $222.7K
    $194.8K – $259.8K (±1% cap)
    NOI $15,587 @ 7.0% cap · market cap 4.10%
    Theoretical Best
    Office A
    $593.3K
    $519.1K – $692.1K (±1% cap)
    NOI $41,528 @ 7.0% cap · market cap 10.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.104873
    Latitude
    32.752376

    FAQs

    What type of property is this?
    Duplex - Income-focused duplex with two residential units, central HVAC, and shared parking for multiple vehicles.
    Where is this duplex located?
    The property is located at 1122 N Center Street N Arlington, TX.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: 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
    More about this property
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