Duplex with Month-to-Month
For Sale
$365,000
1801 Belle Place, Fort Worth, TX 76107
Two tenant-occupied duplex units each offer 1 bedroom and 1 bathroom on month-to-month leases.
Days on Market8
Property Features for 1801 Belle Place
General Information
Standard status
Active
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Building Size
1,475 SF
Year Built
1930
Tenancy
Multi
Listing Agency:
BHHS Premier Properties
(817) 806-4100
Listed By:
Wade Stephens · License #0601966
Source:
Nilesrealtygroup
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 31 at 11:07AM
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 for sale includes two separate residential units, each configured with 1 bedroom and 1 bathroom. Both units are currently tenant-occupied under month-to-month leases, supporting immediate rental income while allowing flexibility for an owner-occupant or investor.
The property is located in Fort Worth just off Camp Bowie Blvd and minutes from West 7th. It is also near the UNTHSC campus, with access to dining, shopping, entertainment, and major thoroughfares.
Ideal for buyers seeking a straightforward duplex arrangement with two income-producing units and the ability to adjust occupancy plans on a month-to-month basis.
The property is located in Fort Worth just off Camp Bowie Blvd and minutes from West 7th. It is also near the UNTHSC campus, with access to dining, shopping, entertainment, and major thoroughfares.
Ideal for buyers seeking a straightforward duplex arrangement with two income-producing units and the ability to adjust occupancy plans on a month-to-month basis.
Key Highlights
- Duplex built in 1930 with two 1‑bedroom, 1‑bath units
- Both units are tenant‑occupied on month‑to‑month leases
- Property is near UNTHSC and just off Camp Bowie Blvd, minutes from West 7th
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 7.08%
Second Best
Apartment 5plus
$320.4K
$280.4K – $373.8K
NOI $22,429 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,506 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Explore this area
Business Placement
Demographics for 76107, TX
31,591
Population
17,957
Households
1.8
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
2,952
Density / Sq Mi
$79,473
Median Household Income
$54,461
Median Earnings
$1,501
Median Rent
$431,300
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 tenant-occupied duplex units each offer 1 bedroom and 1 bathroom 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 $365,000.
What are key features of this property?
This property features: Duplex built in 1930 with two 1‑bedroom, 1‑bath units; Both units are tenant‑occupied on month‑to‑month leases; Property is near UNTHSC and just off Camp Bowie Blvd, minutes from West 7th
