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28879081
29159917

1716 E Powell Ave, Fort Worth, TX 76104

SO
TX TX 698316, UT UT 6511559-SA00
The Peak Group
Listed by The Peak Group
$389,000
483 days on market
Updated 62 days ago
Opportunity zone

East Powell Duplex

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,858
Units 2
Pro-Forma Cap Rate 6.41%
Pro-Forma NOI $24,923
Price per SqFt $209
Broker Co-Op Yes
Class B
Year Built 2025
Buildings 1
Stories 2
Investment Type Stabilized

New construction duplexes coming to South Fort Worth!

Marketing description

New duplexes coming to East Powell in South Fort Worth! Each duplex is free standing with each unit comprised of 928 square feet, 2 beds, 1.5 baths, and a once car attached garage. Construction to be completed in Dec/2025-Jan/2026. Property management services are available. Paving and utility work is now completed, providing good access to this section of East Powell avenue. Photos are of similar unit constructed by the same builder in a nearby duplex project.

Investment highlights

Each unit is projected to rent for $1600/mo. Use the seller’s preferred conventional lender and receive a 4.99% 30 year fixed interest rate! 6 more duplexes are available on a pre-construction basis and may allow an individual investor to take advantage of Federal Opportunity Zone Tax benfits.

Listing Contacts

SO
TX TX 698316, UT UT 6511559-SA00
The Peak Group
Listed by The Peak Group

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Additional Information

Name
Steve Olson
License
TX 698316
Brokerage
Prime Properties Realty
Brokerage Phone
801-362-3392
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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