Two-Story Duplex with Rear
For Sale
$295,750
1912 W Sanford St, Arlington, TX 76012
Both units are occupied and include dedicated parking behind the property.
Property Size2,244 SF
Price / SF$131.80
Days on Market35
Property Features for 1912 W Sanford St
General Information
Standard status
Active
Size
2,244 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,035
Building Details
Year Built
1972
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
JG Real Estate, LLC
(817) 896-7990
Listed By:
Jim Glynn · License #0540156
Source:
Christenberrygroup
Added: Jul 26
Changed: Aug 29
Last Checked: Aug 29 at 7:27PM
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 JG Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1972, this 2,244-square-foot duplex offers a two-story configuration with two bedrooms and 1 ½ baths. Dedicated parking is located at the rear, and a backyard fence was added in December 2025. The roof has been fully resealed.
Both sides are currently rented to multi-year tenants. The property is located at 1912 W Sanford St in Arlington, less than 3 miles from the Dallas Cowboys Stadium and UT Arlington. The existing occupancy and separate unit layout provide a straightforward duplex configuration for continued residential use.
Both sides are currently rented to multi-year tenants. The property is located at 1912 W Sanford St in Arlington, less than 3 miles from the Dallas Cowboys Stadium and UT Arlington. The existing occupancy and separate unit layout provide a straightforward duplex configuration for continued residential use.
Key Highlights
- 2,244‑square‑foot duplex built in 1972
- Two‑story layout with two bedrooms and 1 ½ baths
- Both sides currently rented to multi‑year tenants
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,050
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$441,000
$441.0K
Cap Rate 7%
$315,000
$315.0K
Cap Rate 9%
$245,000
$245.0K
Market Conditions
NOI Build-Up for 2,244 SF
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.
Gross rent
$34.2K $15.24/SF
− Vacancy
−$2.7K −$1.20/SF
EGI
$31.5K $14.04/SF
− OpEx
−$9.5K −$4.21/SF
NOI
$22.1K $9.83/SF
Area
Arlington, TX
Vacancy
7.89%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$441,000
Cap Rate 7%
$315,000
Cap Rate 9%
$245,000
Alternative Uses
Best Use
Multifamily LT 5
$315.0K
$275.6K – $367.5K
NOI $22,050 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$248.3K
$217.3K – $289.7K
NOI $17,384 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$661.7K
$579.0K – $771.9K
NOI $46,316 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Explore this area
Business Placement
Demographics for 76012, TX
27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
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 - Both units are occupied and include dedicated parking behind the property.
Where is this duplex located?
The property is located at 1912 W Sanford St Arlington, TX.
What is the asking price?
The asking price for this property is $295,750.
What are key features of this property?
This property features: 2,244‑square‑foot duplex built in 1972; Two‑story layout with two bedrooms and 1 ½ baths; Both sides currently rented to multi‑year tenants
