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Four-Unit Quadplex
New
For Sale
$650,000

7504 Chapin Road, Fort Worth, TX 76116

Four individual units provide a multifamily rental configuration with occupancy spread across multiple tenants.

Property Size4,298 SF
Days on Market7

Property Features for 7504 Chapin Road

General Information

Standard status Active
Size 4,298 SF
Property subtype Quadruplex
Occupancy 75%

Additional Details

Multifamily Units 4

Building Details

Building Size 4,298 SF
Year Built 1984
Listing Agency: Targetcost Realty
Listed By: Ikay Aburime · License #0489252
Source: Nilesrealtygroup
Added: Sep 21 Last Checked: Sep 26 at 1:20PM

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 Targetcost Realty

Investment Insights

Based on property information with market context.

This Fort Worth quadplex was built in 1984 and contains four individual residential units. Approximately 75% of the property is occupied, with three of the four units currently leased, providing an established rental base alongside remaining vacancy. The unit configuration supports multifamily ownership with rental income distributed among multiple tenants rather than concentrated in a single occupancy arrangement.

The property is located in Fort Worth, Texas, with access to major roadways, employment centers, shopping, dining, and other area amenities. Its four-unit format may suit an investor seeking to add a smaller multifamily asset to an existing rental portfolio or operate a compact income property.

Key Highlights

  • Four‑unit multifamily property
  • Approximately 75% occupancy
  • Three of four units currently occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Cafe & Coffee Shop Storage Facility Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby

Demographics for 76116, TX

51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individual units provide a multifamily rental configuration with occupancy spread across multiple tenants.
Where is this quadplex located?
The property is located at 7504 Chapin Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Approximately 75% occupancy; Three of four units currently occupied
More about this property
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