Duplex with Month-to-Month
1801 Belle Place Fort Worth, TX 76107
1801 Belle Place, Fort Worth, TX, 76107
$389,000
For Sale
$389,000
Duplex for sale with two 1-bedroom, 1-bath units currently tenant-occupied on month-to-month leases.
Property Size1,475 SF
Price / SF$263.73
Days on Market202
Property Features for 1801 Belle Place
General Information
- Standard status
- Active
- Size
- 1,475 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1930
Listing agency
BHHS Premier Properties
(903) 821-0443
Listed by
Wade Stephens · License #0601966
(903) 821-0443
Source
Compass
Added: Jan 1 Updated: Jul 21 at 10:55PM Checked: Jul 21 at 10:55PM
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 BHHS Premier Properties
Investment Insights
Based on property information with market context.
This duplex offers two separate units, each with 1 bedroom and 1 bathroom. Both units are currently tenant-occupied on month-to-month leases, providing immediate occupancy while leaving flexibility for future repositioning or owner use.
Located near UNTHSC, the property is just off Camp Bowie Blvd and minutes from West 7th, with access to nearby dining, shopping, entertainment, and major thoroughfares.
The asset is suited to an owner-occupant or investor looking for a two-unit residential income property with current month-to-month tenancy.
Located near UNTHSC, the property is just off Camp Bowie Blvd and minutes from West 7th, with access to nearby dining, shopping, entertainment, and major thoroughfares.
The asset is suited to an owner-occupant or investor looking for a two-unit residential income property with current month-to-month tenancy.
Key Highlights
- 2‑unit duplex with two 1‑bedroom, 1‑bath units
- Both units are currently tenant‑occupied on month‑to‑month leases
- Central air and central heating
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 | $41.1k | $27.84 |
| − Vacancy | −$4.2k | −$2.83 |
| EGI | $36.9k | $25.01 |
| − OpEx | −$11.1k | −$7.50 |
| NOI | $25.8k | $17.51 |
1,475 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$368.9K
$322.8K – $430.4K
NOI $25,824 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$320.4K
$280.4K – $373.8K
NOI $22,429 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,506 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex for sale with two 1-bedroom, 1-bath units currently tenant-occupied on month-to-month leases.
Where is this duplex located?
The property is located at 1801 Belle Place 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: 2‑unit duplex with two 1‑bedroom, 1‑bath units; Both units are currently tenant‑occupied on month‑to‑month leases; Central air and central heating
