5-Unit Multifamily
New
For Sale
$475,000
5236 Bonnell Avenue, Fort Worth, TX 76107
Updated interiors, central heating and air conditioning, and private laundry serve a fully occupied rental property.
Property Size2,390 SF
Price / SF$198.74
Days on Market1
Property Features for 5236 Bonnell Avenue
General Information
Standard status
Active
Size
2,390 SF
Property subtype
Triplex
Occupancy
100%
Site & Location
Neighborhood
Como
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,683
Building Details
Building Size
2,390 SF
Year Built
1944
Listing Agency:
eXp Realty Luxury
Listed By:
The Escalante Group
(972) 533-9801
Source:
Theescalantegroup
Added: Nov 1
Last Checked: Nov 1 at 1:40AM
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 eXp Realty Luxury
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Investment Insights
Based on property information with market context.
The 2,390-square-foot property, built in 1944, includes a triplex-style main house and two additional rental units. The units share a backyard, and street parking is available. All units are occupied by long-term tenants.
Recent improvements include bathrooms, flooring, windows, plumbing, sewer line, paint, electrical work, and a roof replaced approximately two years ago. The property also has new central heat and air conditioning; one one-bedroom unit has a separate split-system air conditioner. Shopping, dining, medical services, the Fort Worth Zoo, downtown, Sundance Square, the business district, and TCU are within a stated 10–15-minute distance.
Recent improvements include bathrooms, flooring, windows, plumbing, sewer line, paint, electrical work, and a roof replaced approximately two years ago. The property also has new central heat and air conditioning; one one-bedroom unit has a separate split-system air conditioner. Shopping, dining, medical services, the Fort Worth Zoo, downtown, Sundance Square, the business district, and TCU are within a stated 10–15-minute distance.
Key Highlights
- Five rental units: a triplex‑style main house plus two additional units
- 2,390 square feet; built in 1944
- 100% occupied with long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,342
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,840
$726.8K
Cap Rate 7%
$519,171
$519.2K
Cap Rate 9%
$403,800
$403.8K
Market Conditions
NOI Build-Up for 2,390 SF
Gross rent
$74.0K $30.96/SF
− Vacancy
−$7.9K −$3.31/SF
EGI
$66.1K $27.65/SF
− OpEx
−$29.7K −$12.44/SF
NOI
$36.3K $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%
$726,840
Cap Rate 7%
$519,171
Cap Rate 9%
$403,800
Alternative Uses
Best Use
Apartment 5plus
$519.2K
$454.3K – $605.7K
NOI $36,342 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$868.2K
$759.7K – $1.01M
NOI $60,773 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Updated interiors, central heating and air conditioning, and private laundry serve a fully occupied rental property.
Where is this multifamily property located?
The property is located at 5236 Bonnell Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Five rental units: a triplex‑style main house plus two additional units; 2,390 square feet; built in 1944; 100% occupied with long‑term tenants
