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Brick Four-Unit Quadplex
New
For Sale
$650,000

7504 Chapin Road, Fort Worth, TX 76116

ResidentialIncome, Fort Worth, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market2

Property Features for 7504 Chapin Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 8
Full bathrooms 4
Half bathrooms 4
Rooms Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 8, Bedroom 6, Bathroom 7, Bedroom 1, Bedroom 2
Parking 4
Parking features Carport, Alley
Fireplace 1
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator
Subdivision Highland Homes Add
Elementary school Luellamerr
Middle school Leonard
High school Westn Hill
Elementary school district Fort Worth ISD
Middle school district Fort Worth ISD
High school district Fort Worth ISD
Directions I-30 W, Take exit 7B for TX-183 toward TX-341,Take TX-183 S Alta Mere Dr, turn right on Chapin
Standard status Active
APN 04813235
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description HIGHLAND HOMES ADDITION BLOCK 17 LOT 18A
Legal Description HIGHLAND HOMES ADDITION BLOCK 17 LOT 18A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public

Building Details

Year built 1984
Floors in Building 2
Number of units 4
Flooring type Carpet, Tile, Vinyl
Building materials Brick
Roof type Composition
Listing Agency: Targetcost Realty
Listed By: Ikay Aburime · License #0489252
Added: Sep 17 Last Checked: Sep 18 at 6:06PM
MLS# 21389114

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential income property at 7504 Chapin Road offers a multifamily configuration with approximately 75% occupancy. The 0.284-acre site includes a brick building constructed in 1984, with tile, carpet, and vinyl flooring across the interiors. Property features include electric heating, central air, ceiling fans, composition roofing, and fireplaces. Individual units are equipped with dishwashers, electric ranges, refrigerators, disposals, and electric water heaters.

Parking is provided through a carport and alley access. The property is served by public water and public sewer, supporting its established residential use. Its four-unit layout provides multiple rental residences within one asset, while the current occupancy level leaves one-quarter of the property unoccupied based on the stated approximately 75% occupancy.

Key Highlights

  • Four individual residential units with approximately 75% occupancy
  • 0.284‑acre site at 7504 Chapin Road, Fort Worth, TX 76116
  • Brick construction completed in 1984

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 - Residential rental property with separate units, central cooling, carport parking, and public utilities.
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 individual residential units with approximately 75% occupancy; 0.284‑acre site at 7504 Chapin Road, Fort Worth, TX 76116; Brick construction completed in 1984
More about this property
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