Two-Unit Duplex
8108 Julie Avenue Fort Worth, TX 76116
For Sale
$318,497
Well-maintained 2-bedroom, 2-bath duplex is fully occupied and built with durable brick and siding.
Property Size1,760 SF
Price / SF$180.96
Days on Market36
Property Features for 8108 Julie Avenue
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family / Full Duplex
Building Details
Year Built
2000
Listing Agency:
Askins Investment Realty
(817) 480-1006
Listed By:
Patricia Mounce · License #0634852
(817) 480-1006
Source:
Compass
Added: Jun 23
Changed: Jul 22
Last Checked: Jul 27 at 12:28PM
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 Askins Investment Realty
Investment Insights
Based on property information with market context.
This fully occupied duplex offers a comfortable 2-bedroom, 2-bath layout designed for easy everyday living. The exterior features durable brick and siding, supporting low-maintenance ownership. Inside, the spacious floor plan is highlighted by ample natural light.
Located in West Fort Worth with easy access to major roads, shopping, dining, and entertainment, the property is positioned for convenient tenant commutes and day-to-day needs.
With the duplex currently producing income, it presents a straightforward opportunity for buyers seeking an occupied residential income property.
Located in West Fort Worth with easy access to major roads, shopping, dining, and entertainment, the property is positioned for convenient tenant commutes and day-to-day needs.
With the duplex currently producing income, it presents a straightforward opportunity for buyers seeking an occupied residential income property.
Key Highlights
- Fully occupied 2‑unit duplex with 2‑bedroom, 2‑bath layouts
- Built in 2000 with brick and siding exterior and a slab foundation
- One‑story structure with composition roof and 2 total units
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 | $54.5k | $30.96 |
| − Vacancy | −$5.8k | −$3.31 |
| EGI | $48.7k | $27.65 |
| − OpEx | −$21.9k | −$12.44 |
| NOI | $26.8k | $15.21 |
1,760 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.2K
$385.2K – $513.6K
NOI $30,814 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$382.3K
$334.5K – $446.1K
NOI $26,763 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$639.3K
$559.4K – $745.9K
NOI $44,753 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained 2-bedroom, 2-bath duplex is fully occupied and built with durable brick and siding.
Where is this duplex located?
The property is located at 8108 Julie Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $318,497.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex with 2‑bedroom, 2‑bath layouts; Built in 2000 with brick and siding exterior and a slab foundation; One‑story structure with composition roof and 2 total units