2-Unit Tudor
New
For Sale
$439,000
2619 S Adams, Fort Worth, TX 76110
Two residences provide established rental income, with different bathroom configurations and shared outdoor amenities.
Property Size2,374 SF
Days on Market6
Property Features for 2619 S Adams
General Information
Standard status
Active
Size
2,374 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Amenities
shared front porch
shared detached carport-garage and storage area
laundry area
Building Details
Building Size
2,374 SF
Year Built
1929
Buildings
1
Construction
Tudor-style
Listing Agency:
Reata Realty
Listed By:
Brooke Allen · License #0844007
(817) 932-4900
Source:
Nilesrealtygroup
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 13 at 12:47AM
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 Reata Realty
Investment Insights
Based on property information with market context.
Built in 1929, this Tudor-style duplex contains two 2-bedroom residences: one with 1 bathroom and the other with 2. Original wood floors remain in portions of the living areas. The property also has period-style pink and blue bathroom tile, a galley kitchen with a laundry area, and a refrigerator in each unit; a washer and dryer are included. A shared front porch and detached carport-garage with storage serve the property, with additional parking behind the building near the garage.
The duplex is in Fort Worth’s Historic Ryan Place neighborhood. Both units are currently associated with rental income.
The duplex is in Fort Worth’s Historic Ryan Place neighborhood. Both units are currently associated with rental income.
Key Highlights
- Two 2‑bedroom units: one has 1 bathroom and the other has 2
- Built in 1929 with Tudor‑style architecture
- Original wood floors remain in some living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,099
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,980
$722.0K
Cap Rate 7%
$515,700
$515.7K
Cap Rate 9%
$401,100
$401.1K
Market Conditions
NOI Build-Up for 2,374 SF
Gross rent
$73.5K $30.96/SF
− Vacancy
−$7.9K −$3.31/SF
EGI
$65.6K $27.65/SF
− OpEx
−$29.5K −$12.44/SF
NOI
$36.1K $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%
$721,980
Cap Rate 7%
$515,700
Cap Rate 9%
$401,100
Alternative Uses
Best Use
Multifamily LT 5
$593.8K
$519.6K – $692.7K
NOI $41,564 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$515.7K
$451.2K – $601.7K
NOI $36,099 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$862.4K
$754.6K – $1.01M
NOI $60,366 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 76110, TX
29,858
Population
12,497
Households
2.4
Avg Household Size
33
Median Age
29%
College-Educated
68%
High-School Grad
5.7 sq mi
ZIP Area
5,238
Density / Sq Mi
$68,435
Median Household Income
$36,262
Median Earnings
$1,255
Median Rent
$239,200
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 - Two residences provide established rental income, with different bathroom configurations and shared outdoor amenities.
Where is this duplex located?
The property is located at 2619 S Adams Fort Worth, TX.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two 2‑bedroom units: one has 1 bathroom and the other has 2; Built in 1929 with Tudor‑style architecture; Original wood floors remain in some living areas
