Residential Triplex with Detached
3148 Rogers Avenue Unit 3 Fort Worth, TX 76109
3148 Rogers Avenue Unit 3, Fort Worth, TX, 76109
$650,000
For Sale
$650,000
Triplex offering a 2-bedroom main residence plus two 1-bedroom detached units with a fenced yard and off-street parking.
Property Size1,620 SF
Price / SF$401.23
Days on Market49
Property Features for 3148 Rogers Avenue Unit 3
General Information
- Standard status
- Active
- Size
- 1,620 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 1939
Listing agency
League Real Estate
(817) 925-2690
Listed by
Lisa Bradberry · License #0774371
(817) 925-2690
Source
Compass
Added: Jun 4 Updated: Jul 21 at 4:39PM Checked: Jul 21 at 4:39PM
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 League Real Estate
Investment Insights
Based on property information with market context.
This residential triplex includes three separate units: a 2-bedroom main residence, a recently updated detached 1-bedroom unit, and a 1-bedroom garage apartment. The main house features an open floor plan with an eat-in kitchen. The detached unit has been recently updated and offers a kitchen suited for tenant occupancy. The garage apartment is currently vacant but was previously leased, and the property also includes a fenced yard, off-street parking, and a detached garage with two parking spaces.
The property is located near TCU and University Park Village, with access to shopping, dining, and major thoroughfares, as well as Fort Worth Zoo.
Buyer should verify all measurements, zoning, uses, and rental information.
The property is located near TCU and University Park Village, with access to shopping, dining, and major thoroughfares, as well as Fort Worth Zoo.
Buyer should verify all measurements, zoning, uses, and rental information.
Key Highlights
- 3‑unit property: 2‑bedroom main residence plus two 1‑bedroom detached units (detached 1‑bedroom unit and 1‑bedroom garage apartment).
- One‑story aluminum siding triplex built in 1939 with shingle roof and combination/pillar‑post‑pier foundation details.
- Detached 1‑bedroom unit is described as recently updated; garage apartment is currently vacant.
Local Financial Insights For Multifamily LT 5
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 | $45.1k | $27.84 |
| − Vacancy | −$4.6k | −$2.83 |
| EGI | $40.5k | $25.01 |
| − OpEx | −$12.2k | −$7.50 |
| NOI | $28.4k | $17.51 |
1,620 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$405.2K
$354.5K – $472.7K
NOI $28,363 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$351.9K
$307.9K – $410.6K
NOI $24,634 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$588.5K
$514.9K – $686.6K
NOI $41,193 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex offering a 2-bedroom main residence plus two 1-bedroom detached units with a fenced yard and off-street parking.
Where is this triplex located?
The property is located at 3148 Rogers Avenue Unit 3 Fort Worth, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3‑unit property: 2‑bedroom main residence plus two 1‑bedroom detached units (detached 1‑bedroom unit and 1‑bedroom garage apartment).; One‑story aluminum siding triplex built in 1939 with shingle roof and combination/pillar‑post‑pier foundation details.; Detached 1‑bedroom unit is described as recently updated; garage apartment is currently vacant.
