Updated Duplex with
For Sale
$335,000
1808 and 1810 Wiseman Avenue, Fort Worth, TX 76105
Two attached residences offer matching layouts, private garages, and refreshed kitchen and interior finishes.
Property Size1,960 SF
Lot Size0.15 Acres
Price / SF$170.92
Days on Market52
Property Features for 1808 and 1810 Wiseman Avenue
General Information
Standard status
Active
Size
1,960 SF
Total Parking Spaces
2
Lot size
0.15 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Historic Stop Six
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Furnished
No
Building Details
Year Built
2006
Listing Agency:
Great Real Estate, Inc.
(214) 532-4009
Listed By:
Maria Madigan · License #0592131
(682) 433-6716
Source:
Lonestarluxuryrealty
Added: Sep 13
Changed: Oct 29
Last Checked: Nov 1 at 5:11AM
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 Great Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This duplex includes both 1808 and 1810 Wiseman Avenue, with approximately 1,960 square feet of combined living area on a 6,500-square-foot lot. Built in 2006, each residence has three bedrooms, two full bathrooms, a one-car garage, living and dining areas, a kitchen pantry, washer and dryer connections, and a linen closet. The primary bedroom in each unit includes a private full bathroom.
Recent work includes granite kitchen counters, sink and lavatory faucets, updated lighting, and interior paint. The property provides access to Metroplex Hospital, schools, shopping, and I-30, I-35, and 820. The 1810 unit is vacant and available for showing, while access to 1808 requires an accepted contract. The property is offered as-is, and the seller does not have a survey.
Recent work includes granite kitchen counters, sink and lavatory faucets, updated lighting, and interior paint. The property provides access to Metroplex Hospital, schools, shopping, and I-30, I-35, and 820. The 1810 unit is vacant and available for showing, while access to 1808 requires an accepted contract. The property is offered as-is, and the seller does not have a survey.
Key Highlights
- Both 1808 and 1810 Wiseman Avenue included in the sale
- Approximately 1,960 SF of total living space on a 6,500 SF lot
- Each unit includes 3 bedrooms, 2 bathrooms, and a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,804
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,080
$596.1K
Cap Rate 7%
$425,771
$425.8K
Cap Rate 9%
$331,156
$331.2K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$60.7K $30.96/SF
− Vacancy
−$6.5K −$3.31/SF
EGI
$54.2K $27.65/SF
− OpEx
−$24.4K −$12.44/SF
NOI
$29.8K $15.21/SF
Area
Fort Worth, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,080
Cap Rate 7%
$425,771
Cap Rate 9%
$331,156
Alternative Uses
Best Use
Multifamily LT 5
$490.2K
$429.0K – $571.9K
NOI $34,316 @ 7.0% cap · market cap 10.24%
Second Best
Apartment 5plus
$425.8K
$372.6K – $496.7K
NOI $29,804 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$712.0K
$623.0K – $830.7K
NOI $49,839 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
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Business Placement
Demographics for 76105, TX
23,445
Population
7,667
Households
3.1
Avg Household Size
31
Median Age
5%
College-Educated
57%
High-School Grad
5.9 sq mi
ZIP Area
3,974
Density / Sq Mi
$46,482
Median Household Income
$27,987
Median Earnings
$1,172
Median Rent
$117,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences offer matching layouts, private garages, and refreshed kitchen and interior finishes.
Where is this duplex located?
The property is located at 1808 and 1810 Wiseman Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Both 1808 and 1810 Wiseman Avenue included in the sale; Approximately 1,960 SF of total living space on a 6,500 SF lot; Each unit includes 3 bedrooms, 2 bathrooms, and a 1‑car garage
