Duplex with Fenced
1909 May Street Fort Worth, TX 76110
1909 May Street, Fort Worth, TX, 76110
$495,000
For Sale
$495,000
Duplex investment features two units with four bedrooms each and fenced private backyards.
Property Size2,968 SF
Price / SF$166.78
Days on Market301
Property Features for 1909 May Street
General Information
- Standard status
- Active
- Size
- 2,968 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2004
Listing agency
KTREG Real Estate
(817) 269-6221
Listed by
Kim Taylor · License #0664476
(817) 269-6221
Source
Compass
Added: Sep 24, 2025 Updated: Jul 20 at 5:38PM Checked: Jul 21 at 6:32AM
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 KTREG Real Estate
Investment Insights
Based on property information with market context.
This duplex includes two separate units, and each unit offers four bedrooms. The layout includes a master bedroom on the main level with three additional bedrooms upstairs. The property also features fenced-in privacy backyards for each unit.
The duplex is walkable to JPS Hospital and Hospital District, and the front offers plenty of parking. The area is described as a popular rental market with low vacancies.
A new AC system was installed in one of the units in 2022 and includes a 10-year warranty and 1 year of free maintenance.
The duplex is walkable to JPS Hospital and Hospital District, and the front offers plenty of parking. The area is described as a popular rental market with low vacancies.
A new AC system was installed in one of the units in 2022 and includes a 10-year warranty and 1 year of free maintenance.
Key Highlights
- Duplex with 2 units, built in 2004, on a slab foundation
- Each unit offers 4 bedrooms (master down; 3 bedrooms upstairs)
- Fenced private backyards for each unit with wood fencing
Local Financial Insights For Apartment 5plus
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 | $91.9k | $30.96 |
| − Vacancy | −$9.8k | −$3.31 |
| EGI | $82.1k | $27.65 |
| − OpEx | −$36.9k | −$12.44 |
| NOI | $45.1k | $15.21 |
2,968 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$742.3K
$649.6K – $866.1K
NOI $51,964 @ 7.0% cap · market cap 10.50%
Second Best
Apartment 5plus
$644.7K
$564.1K – $752.2K
NOI $45,131 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$1.08M
$943.4K – $1.26M
NOI $75,470 @ 7.0% cap · market cap 15.25%
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 investment features two units with four bedrooms each and fenced private backyards.
Where is this duplex located?
The property is located at 1909 May Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Duplex with 2 units, built in 2004, on a slab foundation; Each unit offers 4 bedrooms (master down; 3 bedrooms upstairs); Fenced private backyards for each unit with wood fencing
