Two-Unit Duplex with
For Sale
$798,000
4803 Birchman Avenue, Fort Worth, TX 76107
Each residence offers a primary suite, private fenced yard, and attached parking for convenient household living.
Property Size3,920 SF
Price / SF$203.57
Days on Market203
Property Features for 4803 Birchman Avenue
General Information
Standard status
Active
Size
3,920 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Full Duplex
Additional Details
Multifamily Units
2
Amenities
private fenced yards
Central Air
Central
Other
Dishwasher, Electric Oven
No
Two
2
Public Records
Building Details
Year Built
2007
Buildings
1
Listing Agency:
Perpetual Realty Group LLC
(682) 888-5393
Listed By:
Justin Brown · License #0549418
(682) 888-5393
Source:
Compass
Added: Feb 9
Changed: Aug 30
Last Checked: Aug 30 at 11:56PM
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 Perpetual Realty Group LLC
Investment Insights
Based on property information with market context.
Built in 2007, this 3,920-square-foot duplex contains two residences with a combined six bedrooms, four full bathrooms, and two half bathrooms. Each unit has a primary suite on the main level, four additional bedrooms are positioned upstairs across the property, and both residences include central air, central heating, a dishwasher, and an electric oven. Two attached two-car garages provide combined parking for up to four vehicles, while private fenced yards add dedicated outdoor areas for each unit.
The property is located at 4803 Birchman Avenue in Fort Worth’s Arlington Heights area, within minutes of downtown Fort Worth. Dining, entertainment, and local amenities are accessible from the property, while the residential setting provides a quieter neighborhood environment.
The property is located at 4803 Birchman Avenue in Fort Worth’s Arlington Heights area, within minutes of downtown Fort Worth. Dining, entertainment, and local amenities are accessible from the property, while the residential setting provides a quieter neighborhood environment.
Key Highlights
- Two‑unit duplex with 6 bedrooms, 4 full bathrooms, and 2 half bathrooms
- 3,920 SF property built in 2007
- Two attached two‑car garages with combined capacity for up to four vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,631
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,372,620
$1.4M
Cap Rate 7%
$980,443
$980.4K
Cap Rate 9%
$762,567
$762.6K
Market Conditions
NOI Build-Up for 3,920 SF
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.
Gross rent
$109.1K $27.84/SF
− Vacancy
−$11.1K −$2.83/SF
EGI
$98.0K $25.01/SF
− OpEx
−$29.4K −$7.50/SF
NOI
$68.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,372,620
Cap Rate 7%
$980,443
Cap Rate 9%
$762,567
Alternative Uses
Best Use
Multifamily LT 5
$980.4K
$857.9K – $1.14M
NOI $68,631 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$851.5K
$745.1K – $993.5K
NOI $59,608 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,678 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 76107, TX
31,591
Population
17,957
Households
1.8
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
2,952
Density / Sq Mi
$79,473
Median Household Income
$54,461
Median Earnings
$1,501
Median Rent
$431,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a primary suite, private fenced yard, and attached parking for convenient household living.
Where is this duplex located?
The property is located at 4803 Birchman Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms, 4 full bathrooms, and 2 half bathrooms; 3,920 SF property built in 2007; Two attached two‑car garages with combined capacity for up to four vehicles
