Two-Unit
4901 Cordova Avenue, Fort Worth, TX 76132
For Sale
$505,000
Both residences include private outdoor space, with access to shopping, dining, schools, and major highways.
Property Size2,862 SF
Price / SF$176.45
Days on Market10
Property Features for 4901 Cordova Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Perla Realty Group, LLC
Listed By:
Orlando Fernandez · License TX 593255-B
(817) 703-5557
Source:
Theescalantegroup
Added: Oct 31
Changed: Nov 9
Last Checked: Nov 8 at 5:36PM
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 Perla Realty Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1970, this duplex offers approximately 2,862 square feet across two residences. Each unit includes three bedrooms, two full bathrooms, living areas, and private outdoor space. The property has undergone a full rehabilitation.
The Fort Worth property provides access to major highways, shopping, dining, schools, and employment centers.
The Fort Worth property provides access to major highways, shopping, dining, schools, and employment centers.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- Approximately 2,862 square feet of living space
- Private outdoor space for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,520
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,400
$870.4K
Cap Rate 7%
$621,714
$621.7K
Cap Rate 9%
$483,556
$483.6K
Market Conditions
NOI Build-Up for 2,862 SF
Gross rent
$88.6K $30.96/SF
− Vacancy
−$9.5K −$3.31/SF
EGI
$79.1K $27.65/SF
− OpEx
−$35.6K −$12.44/SF
NOI
$43.5K $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%
$870,400
Cap Rate 7%
$621,714
Cap Rate 9%
$483,556
Alternative Uses
Best Use
Multifamily LT 5
$715.8K
$626.4K – $835.1K
NOI $50,108 @ 7.0% cap · market cap 9.92%
Second Best
Apartment 5plus
$621.7K
$544.0K – $725.3K
NOI $43,520 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$1.04M
$909.7K – $1.21M
NOI $72,775 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 76132, TX
26,249
Population
13,906
Households
1.9
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
3,547
Density / Sq Mi
$67,017
Median Household Income
$42,579
Median Earnings
$1,354
Median Rent
$401,200
Median Home Value
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Market
Average Price Trend$/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 - Both residences include private outdoor space, with access to shopping, dining, schools, and major highways.
Where is this duplex located?
The property is located at 4901 Cordova Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Approximately 2,862 square feet of living space; Private outdoor space for each unit
