Two-Unit Duplex with Wood
For Sale
$444,900
2600 West Bewick Street, Fort Worth, TX 76109
Separate residences offer shared outdoor space, fenced grounds, and ample on-site parking.
Property Size1,918 SF
Price / SF$231.96
Days on Market233
Property Features for 2600 West Bewick Street
General Information
Standard status
Active
Size
1,918 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Full Duplex
Amenities
Central Air, Electric
Central, Natural Gas
No
Wood
Gas Cooktop
High Speed Internet Available, Tile Counters
Composition
One
Back Yard, Chain Link, Fenced, Wood
1
Pillar/Post/Pier
Public Records
2
Brick, Wood
Building Details
Year Built
1947
Buildings
2
Listing Agency:
Hightower REALTORS
(817) 946-1402
Listed By:
Chris Hightower · License #0594340
(817) 946-1402
Source:
Compass
Added: Jan 9
Changed: Aug 29
Last Checked: Aug 29 at 7:50PM
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 Hightower REALTORS
Investment Insights
Based on property information with market context.
This 1947 duplex contains two distinct residences, each measuring roughly 1,000 square feet. Both units feature wood flooring throughout, central air conditioning, central natural-gas service, gas cooktops, and tile countertops. High-speed internet is available, and the property includes a composition roof with brick and wood exterior elements.
The property occupies a fenced lot with a backyard and substantial parking area. Located at 2600 West Bewick Street in Fort Worth, the asset provides a two-unit residential configuration with separate living spaces and established site improvements.
The property occupies a fenced lot with a backyard and substantial parking area. Located at 2600 West Bewick Street in Fort Worth, the asset provides a two-unit residential configuration with separate living spaces and established site improvements.
Key Highlights
- Two separate units, each roughly 1000 sq ft
- Wood flooring throughout both residences
- Central air conditioning and central natural‑gas service
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
$33,580
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
7.55%
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%
$671,600
$671.6K
Cap Rate 7%
$479,714
$479.7K
Cap Rate 9%
$373,111
$373.1K
Market Conditions
NOI Build-Up for 1,918 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
$53.4K $27.84/SF
− Vacancy
−$5.4K −$2.83/SF
EGI
$48.0K $25.01/SF
− OpEx
−$14.4K −$7.50/SF
NOI
$33.6K $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 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%
$671,600
Cap Rate 7%
$479,714
Cap Rate 9%
$373,111
Alternative Uses
Best Use
Multifamily LT 5
$479.7K
$419.8K – $559.7K
NOI $33,580 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$416.6K
$364.6K – $486.1K
NOI $29,165 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$696.7K
$609.6K – $812.9K
NOI $48,771 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Explore this area
Business Placement
Demographics for 76109, TX
25,373
Population
11,573
Households
2.2
Avg Household Size
33
Median Age
72%
College-Educated
98%
High-School Grad
8.2 sq mi
ZIP Area
3,094
Density / Sq Mi
$104,301
Median Household Income
$55,265
Median Earnings
$1,700
Median Rent
$599,400
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 - Separate residences offer shared outdoor space, fenced grounds, and ample on-site parking.
Where is this duplex located?
The property is located at 2600 West Bewick Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: Two separate units, each roughly 1000 sq ft; Wood flooring throughout both residences; Central air conditioning and central natural‑gas service
