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Property profile & analytics
FOR SALE
Duplexes

1409 West Allen Ave Fort Worth, TX 76110

2,072 SF Built 1920
Property ID
US82-4011317
Property summary
AI-generated overview

Two blocks off Magnolia Avenue in Historic Fairmount, a 1920 duplex taken to the studs and rebuilt with designer finishes. Two self-contained units under one roof, roughly 1,036 square feet each, each with its own private entry, full kitchen, living room, and bedrooms. Live in one and rent the other, run both as furnished rentals, or hold a proven income property on one of Fairmount's best blocks. The character is original and intact: wood floors, shiplap walls and ceilings, statement lighting, gas ranges, and built-ins. A mint-cabinet kitchen with open shelving and a vintage brass faucet, tufted seating, and warm, livable rooms that photograph as well as they show. Outside, the signature double-stacked covered porches run the full width of the house, strung with cafe lights and shaded by mature trees: balcony above, gathering space below. Recent, documented updates take the guesswork out: a full 2018 designer renovation, exterior paint and updated siding in 2022, a new water heater in 2024, and individual electric meters. The numbers back it up. The property has averaged about $70,000 a year in furnished-rental income and is tracking toward $80,000 in 2026, owner-reported P&L is in transaction desk. Available fully turnkey with all furnishings, linens, and operating setup for an additional $25,000 under a separate bill of sale; seller's preference is to sell turnkey. Steps from the restaurants, coffee shops, and bars on Magnolia, and minutes from TCU, the Cultural District museums, the Near Southside medical district, and the Stockyards. Fort Worth ISD: Lily B. Clayton Elementary, McLean Middle, Paschal High. 2,072 total square feet, six bedrooms, three baths, on an interior Fairmount lot with on-street parking. Seller is a licensed real estate agent. Buyer to verify square footage, schools, taxes, and income.

Property profile
Verified
Property type Duplexes
Year built 1920
Total area 2,072 SF
UPID US82-4011317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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