Updated Duplex with Private
2937 South Adams Street Fort Worth, TX 76110
2937 South Adams Street, Fort Worth, TX, 76110
$265,000
For Sale
$265,000
Updated duplex with 2-bedroom and 1-bedroom units, each with vinyl plank flooring, appliances, and private backyards.
Property Size1,522 SF
Price / SF$174.11
Days on Market227
Property Features for 2937 South Adams Street
General Information
- Standard status
- Active
- Size
- 1,522 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1929
Listing agency
5th Stream Realty
(323) 423-5539
Listed by
Vanessa Macey · License #0763771
(323) 423-5539
Source
Compass
Added: Dec 7, 2025 Updated: Jul 21 at 5:18AM Checked: Jul 22 at 8:57AM
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 5th Stream Realty
Investment Insights
Based on property information with market context.
This updated duplex offers two separate residences with dedicated outdoor space. The property includes a currently leased 2-bedroom, 1-bath unit and a vacant 1-bedroom, 1-bath unit available for showings. Both units feature vinyl plank flooring, appliances, ceiling fans, front and back porches, and large private backyards. Major paid upgrades include roof replacement, updated siding, and new heat & air units. Utilities are metered.
Located in a quiet South Fort Worth residential neighborhood near TCU and the Near Southside, the home provides convenient access to I-35W, Hemphill St, and Rosedale St for commutes to Downtown Fort Worth and area destinations.
Buyer and buyer’s agent are advised to verify all information. All details are subject to confirmation.
Located in a quiet South Fort Worth residential neighborhood near TCU and the Near Southside, the home provides convenient access to I-35W, Hemphill St, and Rosedale St for commutes to Downtown Fort Worth and area destinations.
Buyer and buyer’s agent are advised to verify all information. All details are subject to confirmation.
Key Highlights
- Updated 2‑unit duplex in South Fort Worth (1 story) built in 1929
- 2‑bed/1‑bath unit is leased at $1,195/month; 1‑bed/1‑bath unit is vacant and available for showings
- Units include vinyl plank/vinyl flooring, electric appliances, ceiling fans, and front and back porches
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.1k | $30.96 |
| − Vacancy | −$5.0k | −$3.31 |
| EGI | $42.1k | $27.65 |
| − OpEx | −$18.9k | −$12.44 |
| NOI | $23.1k | $15.21 |
1,522 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.7K
$333.1K – $444.1K
NOI $26,647 @ 7.0% cap · market cap 10.06%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,144 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$552.9K
$483.8K – $645.0K
NOI $38,701 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated duplex with 2-bedroom and 1-bedroom units, each with vinyl plank flooring, appliances, and private backyards.
Where is this duplex located?
The property is located at 2937 South Adams Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Updated 2‑unit duplex in South Fort Worth (1 story) built in 1929; 2‑bed/1‑bath unit is leased at $1,195/month; 1‑bed/1‑bath unit is vacant and available for showings; Units include vinyl plank/vinyl flooring, electric appliances, ceiling fans, and front and back porches
