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Updated Duplex with Fenced Yard
For Sale
$305,000
Pending

2837 & 2839 Ave J, Fort Worth, TX 76105

ResidentialIncome, Fort Worth, TX

Property Size1,800 SF
Lot Size0.14 Acres
Days on Market55

Property Features for 2837 & 2839 Ave J

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 2
Parking 4
Parking features Assigned
Security features Security
Interior features DecorativeDesignerLightingFixtures, CableTv
Fencing Fenced
Appliances Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
Subdivision Polytechnic Heights Add
Elementary school Mcrae
Middle school James
High school Polytechni
Elementary school district Fort Worth ISD
Middle school district Fort Worth ISD
High school district Fort Worth ISD
Directions 2837 to Ave J
Standard status Pending
APN 02241595
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Polytechnic Heights Add
Legal Description Polytechnic Heights Add

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public

Building Details

Year built 2005
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials Brick
Roof type Shingle
Buildings 1
Listing Agency: Great Real Estate, Inc.
Listed By: Maria Madigan · License #0592131
Added: Sep 10 Changed: Oct 29 Last Checked: Nov 3 at 3:06AM
MLS# 21382918

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This brick duplex, built in 2005, comprises two residences with approximately 1,800 square feet of combined living area on a 6,250-square-foot lot. Each unit has three bedrooms and 1.5 bathrooms, along with a living room, dining area, kitchen pantry, and washer and dryer connections. The primary bedroom opens to the backyard and has an attached half bath. Interior updates include granite kitchen counters, appliances, plumbing fixtures, lighting, ceiling fans, and paint; fencing has also been replaced. A concrete driveway provides parking for four vehicles, and the yard is fenced.

The property includes both 2837 and 2839 Ave J in Fort Worth. It is near Texas Wesleyan University, with access to I-30, I-35, and I-820. One residence is vacant; the other is tenant-occupied. The property is being sold as-is.

Key Highlights

  • Two‑unit duplex with approximately 1,800 SF of living area
  • Each unit has 3 bedrooms and 1.5 bathrooms
  • 6,250‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,371
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,420 $547.4K
Cap Rate 7%
$391,014 $391.0K
Cap Rate 9%
$304,122 $304.1K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$55.7K $30.96/SF
− Vacancy
−$6.0K −$3.31/SF
EGI
$49.8K $27.65/SF
− OpEx
−$22.4K −$12.44/SF
NOI
$27.4K $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%
$547,420
Cap Rate 7%
$391,014
Cap Rate 9%
$304,122

Alternative Uses

Best Use
Multifamily LT 5
$450.2K
$393.9K – $525.2K (±1% cap)
NOI $31,514 @ 7.0% cap · market cap 10.33%
Second Best
Apartment 5plus
$391.0K
$342.1K – $456.2K (±1% cap)
NOI $27,371 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$653.9K
$572.1K – $762.8K (±1% cap)
NOI $45,770 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences include in-unit laundry connections and primary bedrooms with private half baths.
Where is this duplex located?
The property is located at 2837 & 2839 Ave J Fort Worth, TX.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 1,800 SF of living area; Each unit has 3 bedrooms and 1.5 bathrooms; 6,250‑square‑foot lot
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