Duplex Property with Rooftop
3212 Forest Park Boulevard, Fort Worth, TX 76110
For Sale
New
$1,990,000
ResidentialIncome, Fort Worth, TX
Property Size4,556 SF
Lot Size0.14 Acres
Price / SF$436.79
Days on Market5
Property Features for 3212 Forest Park Boulevard
General Information
Property type
Property subtype
Property condition
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Security features
Patio and Porch features
Interior features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit washer and dryer
wood-look plank flooring
walk-in closets
covered balconies
rooftop deck
stainless appliances
center island
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
NRES
Listed By:
Andrew Neumann · License TX #0795125
(817) 336-5172
Added: Nov 6
Last Checked: Nov 10 at 12:06AM
MLS# 21428868
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.
At 3212 Forest Park Boulevard in Fort Worth, this three-story duplex contains two residences, each with five bedrooms and five bathrooms. The property totals approximately 4,556 square feet on a 6,250-square-foot lot. Each bedroom has its own bathroom. An open kitchen and living area with an island occupies the second floor of each unit, alongside features that include stainless appliances, in-unit laundry, walk-in closets in select bedrooms, covered balconies, and a rooftop deck. A striped surface parking lot is located behind the building.
The property is about half a mile from the TCU campus core and roughly 0.2 mile south of W Berry Street. Kroger and Bluebonnet Circle are each approximately half a mile away; Downtown Fort Worth is about 4.4 miles by car. Both units are fully leased, and the stated cap rate is 6.51%.
The property is about half a mile from the TCU campus core and roughly 0.2 mile south of W Berry Street. Kroger and Bluebonnet Circle are each approximately half a mile away; Downtown Fort Worth is about 4.4 miles by car. Both units are fully leased, and the stated cap rate is 6.51%.
Key Highlights
- Two units, each with 5 bedrooms and 5 bathrooms; 10 bedrooms and 10 bathrooms total
- Approximately 4,556 SF across a 6,250 SF lot
- Each bedroom has a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,767
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,340
$1.6M
Cap Rate 7%
$1,139,529
$1.1M
Cap Rate 9%
$886,300
$886.3K
Market Conditions
NOI Build-Up for 4,556 SF
Gross rent
$126.8K $27.84/SF
− Vacancy
−$12.9K −$2.83/SF
EGI
$114.0K $25.01/SF
− OpEx
−$34.2K −$7.50/SF
NOI
$79.8K $17.51/SF
Area
Fort Worth, TX
Vacancy
10.16%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,340
Cap Rate 7%
$1,139,529
Cap Rate 9%
$886,300
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$997.1K – $1.33M
NOI $79,767 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$989.7K
$866.0K – $1.15M
NOI $69,279 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,850 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
938
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
$239,200
Median Home Value
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Market
Average Price Trend$/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 - Two five-bedroom residences offer private bathrooms, in-unit laundry, covered balconies, and access to a rear parking area.
Where is this duplex located?
The property is located at 3212 Forest Park Boulevard Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Two units, each with 5 bedrooms and 5 bathrooms; 10 bedrooms and 10 bathrooms total; Approximately 4,556 SF across a 6,250 SF lot; Each bedroom has a private bathroom
