Duplex with Two 3BR
5004 Chapman Street Fort Worth, TX 76105
For Sale
$349,000
Fully duplex with two mirror-image 3-bedroom, 2-bath units, each with a 1-car garage and fenced backyard.
Property Size1,960 SF
Price / SF$178.06
Days on Market26
Property Features for 5004 Chapman Street
General Information
- Standard status
- Active
- Size
- 1,960 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2007
Listing Agency:
Q.Co
(469) 583-8888
Listed By:
Sinlo Lok · License #0598291
(469) 583-8888
Source:
Compass
Added: Jul 2
Changed: Jul 21
Last Checked: Jul 26 at 11:12AM
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 Q.Co
Investment Insights
Based on property information with market context.
This fully duplex includes two mirror-image units, each featuring three bedrooms, two full bathrooms, a one-car garage, and a kitchen that opens to the living and dining areas. Units also include an open breakfast area with a pantry and a primary bedroom with a walk-in closet, with a linen closet in the second bath. Each unit has its own fenced backyard. Unit 5004 is vacant and available for showing, while Unit 5006 is tenant-occupied on a month-to-month arrangement and will continue under existing tenancy.
Recent improvements include a new roof in 2/2024. Unit 5004 has been freshly painted with new vinyl plank flooring throughout, along with new HVAC in 7/2023, and a new range and refrigerator (12/2023). Unit 5006 has vinyl plank and ceramic tile flooring, with a new bathtub installed in 12/2023. Utilities are separately metered and paid by the tenants.
The property is being sold AS-IS and includes no survey. Seller asks that tenants not be disturbed, and buyers and agents should verify all information, including measurements and features.
Recent improvements include a new roof in 2/2024. Unit 5004 has been freshly painted with new vinyl plank flooring throughout, along with new HVAC in 7/2023, and a new range and refrigerator (12/2023). Unit 5006 has vinyl plank and ceramic tile flooring, with a new bathtub installed in 12/2023. Utilities are separately metered and paid by the tenants.
The property is being sold AS-IS and includes no survey. Seller asks that tenants not be disturbed, and buyers and agents should verify all information, including measurements and features.
Key Highlights
- Duplex on one level (brick construction) built in 2007 with 2 total units (5004 and 5006)
- Each unit offers 3 bedrooms, 2 full baths, a 1‑car garage, and an open living and dining layout
- Both units have fenced backyards, with Unit 5004 vacant and available for showing
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 | $60.7k | $30.96 |
| − Vacancy | −$6.5k | −$3.31 |
| EGI | $54.2k | $27.65 |
| − OpEx | −$24.4k | −$12.44 |
| NOI | $29.8k | $15.21 |
1,960 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$490.2K
$429.0K – $571.9K
NOI $34,316 @ 7.0% cap · market cap 9.83%
Second Best
Apartment 5plus
$425.8K
$372.6K – $496.7K
NOI $29,804 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$712.0K
$623.0K – $830.7K
NOI $49,839 @ 7.0% cap · market cap 14.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully duplex with two mirror-image 3-bedroom, 2-bath units, each with a 1-car garage and fenced backyard.
Where is this duplex located?
The property is located at 5004 Chapman Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex on one level (brick construction) built in 2007 with 2 total units (5004 and 5006); Each unit offers 3 bedrooms, 2 full baths, a 1‑car garage, and an open living and dining layout; Both units have fenced backyards, with Unit 5004 vacant and available for showing
