Two-Unit
For Sale
$365,000
1801 Belle Pl, Fort Worth, TX 76107
Both residences have one bedroom and one bathroom, with separate occupancy arrangements.
Property Size1,475 SF
Price / SF$247.46
Days on Market8
Property Features for 1801 Belle Pl
General Information
Standard status
Active
Size
1,475 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1930
Listing Agency:
BHHS Premier Properties
Listed By:
Wade Stephens · License #0601966
(817) 806-4100
Source:
Realtexasrealty
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 7 at 5:32PM
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 Fort Worth duplex contains two residences, each arranged with one bedroom and one bathroom. The property totals 1,475 square feet and dates to 1930.
The address is near Camp Bowie Boulevard and the UNTHSC campus, with West 7th and its dining, shopping, and entertainment options also identified in the surrounding area.
The address is near Camp Bowie Boulevard and the UNTHSC campus, with West 7th and its dining, shopping, and entertainment options also identified in the surrounding area.
Key Highlights
- Two residences, each with 1 bedroom and 1 bathroom
- 1,475 square feet total
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,824
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,480
$516.5K
Cap Rate 7%
$368,914
$368.9K
Cap Rate 9%
$286,933
$286.9K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$41.1K $27.84/SF
− Vacancy
−$4.2K −$2.83/SF
EGI
$36.9K $25.01/SF
− OpEx
−$11.1K −$7.50/SF
NOI
$25.8K $17.51/SF
Area
Fort Worth, TX
Vacancy
10.16%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,480
Cap Rate 7%
$368,914
Cap Rate 9%
$286,933
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
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Current Use
Lease Details
2
Residential units
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
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 - Both residences have one bedroom and one bathroom, with separate occupancy arrangements.
Where is this duplex located?
The property is located at 1801 Belle Pl 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: Two residences, each with 1 bedroom and 1 bathroom; 1,475 square feet total; Built in 1930
