Duplex with Private
2937 S Adams Street, Fort Worth, TX 76110
For Sale
$255,000
ResidentialIncome, Fort Worth, TX
Property Size1,522 SF
Lot Size0.17 Acres
Price / SF$167.54
Days on Market8
Property Features for 2937 S Adams Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Interior features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
vinyl plank flooring
appliances
ceiling fans
front and back porches
large private backyards
heat and air window units
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
5th Stream Realty
Listed By:
Vanessa Macey · License TX #0763771
(214) 868-0707
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# 21306208
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.
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Investment Insights
Based on property information with market context.
This 1,522-square-foot duplex on a 0.172-acre lot contains two residences: a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Each has vinyl plank flooring, appliances, ceiling fans, front and rear porches, and a private backyard. The property was built in 1929 and has updated siding, a replacement roof, and electric window-unit heating and cooling; it does not have central HVAC. Water and sewer service are public, with driveway parking on site.
One residence is leased through June 25, 2027, while the other is vacant and undergoing make-ready work. The property is separately metered. Access routes include I-35W, Hemphill Street, and Rosedale Street, with Trinity Park, the Fort Worth Zoo, and the Fort Worth Botanic Garden among nearby destinations.
One residence is leased through June 25, 2027, while the other is vacant and undergoing make-ready work. The property is separately metered. Access routes include I-35W, Hemphill Street, and Rosedale Street, with Trinity Park, the Fort Worth Zoo, and the Fort Worth Botanic Garden among nearby destinations.
Key Highlights
- Two‑unit property totaling 1,522 square feet on 0.172 acres
- Two‑bedroom, one‑bath unit and one‑bedroom, one‑bath unit
- Separately metered; one unit leased through June 25, 2027, and one vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,144
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,880
$462.9K
Cap Rate 7%
$330,629
$330.6K
Cap Rate 9%
$257,156
$257.2K
Market Conditions
NOI Build-Up for 1,522 SF
Gross rent
$47.1K $30.96/SF
− Vacancy
−$5.0K −$3.31/SF
EGI
$42.1K $27.65/SF
− OpEx
−$18.9K −$12.44/SF
NOI
$23.1K $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%
$462,880
Cap Rate 7%
$330,629
Cap Rate 9%
$257,156
Alternative Uses
Best Use
Multifamily LT 5
$380.7K
$333.1K – $444.1K
NOI $26,647 @ 7.0% cap · market cap 10.45%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,144 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$552.9K
$483.8K – $645.0K
NOI $38,701 @ 7.0% cap · market cap 15.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
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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
$239,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Fort Worth, TX
Properties on Market for Duplexes in Fort Worth
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separately metered residences offer distinct layouts and private outdoor space for each unit.
Where is this duplex located?
The property is located at 2937 S Adams Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,522 square feet on 0.172 acres; Two‑bedroom, one‑bath unit and one‑bedroom, one‑bath unit; Separately metered; one unit leased through June 25, 2027, and one vacant
