Leased Duplex with Attached
6525 Greenway Road Fort Worth, TX 76116
For Sale
$600,000
Two leased units feature three bedrooms, two bathrooms, tile floors, and open layouts with attached one-car garages.
Property Size2,606 SF
Lot Size0.31 Acres
Price / SF$230.24
Days on Market111
Property Features for 6525 Greenway Road
General Information
- Standard status
- Active
- Size
- 2,606 SF
- Lot size
- 0.31 Acres
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2009
Listing Agency:
Williams Trew Real Estate
(817) 443-5884
Listed By:
Jeff Bankhead · License #0613789
(817) 443-5884
Source:
Compass
Added: Apr 8
Changed: Jul 21
Last Checked: Jul 26 at 1:05PM
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 Williams Trew Real Estate
Investment Insights
Based on property information with market context.
This duplex for sale includes two separate units at 6525 and 6527 Greenway Road, with both units currently leased on a month-to-month basis. Each unit offers three bedrooms and two bathrooms, along with an attached one-car garage. Interiors feature tile floors and an open floorplan that connects the kitchen to the dining and living areas.
The kitchens include granite countertops and come equipped with an electric range, microwave, and dishwasher. Primary bedrooms are described as spacious, with a good-sized bathroom and closet. Secondary bedrooms can function as an office and guest bedroom, sharing the guest bathroom.
Outside, the property sits on a lot measuring 0.305 acres, and each unit is described as having a large backyard with grass and trees. The duplex is conveniently located near Camp Bowie and I-30, with shopping and restaurants nearby.
The kitchens include granite countertops and come equipped with an electric range, microwave, and dishwasher. Primary bedrooms are described as spacious, with a good-sized bathroom and closet. Secondary bedrooms can function as an office and guest bedroom, sharing the guest bathroom.
Outside, the property sits on a lot measuring 0.305 acres, and each unit is described as having a large backyard with grass and trees. The duplex is conveniently located near Camp Bowie and I-30, with shopping and restaurants nearby.
Key Highlights
- Duplex built in 2009 with 2 leased units (6525 and 6527 Greenway Road) on a month‑to‑month basis
- Each unit offers 3 bedrooms, 2 bathrooms, and an attached one‑car garage
- Open floorplan in both units with ceramic tile flooring and ceiling fans
Financial Insights For Multifamily LT 5
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 | $72.6k | $27.84 |
| − Vacancy | −$7.4k | −$2.83 |
| EGI | $65.2k | $25.01 |
| − OpEx | −$19.6k | −$7.50 |
| NOI | $45.6k | $17.51 |
2,606 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$651.8K
$570.3K – $760.4K
NOI $45,626 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$566.1K
$495.3K – $660.5K
NOI $39,627 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$946.6K
$828.3K – $1.10M
NOI $66,265 @ 7.0% cap · market cap 11.04%
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 - Two leased units feature three bedrooms, two bathrooms, tile floors, and open layouts with attached one-car garages.
Where is this duplex located?
The property is located at 6525 Greenway Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex built in 2009 with 2 leased units (6525 and 6527 Greenway Road) on a month‑to‑month basis; Each unit offers 3 bedrooms, 2 bathrooms, and an attached one‑car garage; Open floorplan in both units with ceramic tile flooring and ceiling fans
