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1412 5th Avenue

Fort Worth, TX 76104

$290,000

2 units · 1905

Units2
Building area1,523 sq ft
Year built1905
Gross income$21,600/yr
Cap rate7.45% as listed
Parking2 spaces
Lot size0.115 acres
TypeDuplex

What it costs to own

Taxes$4,405 per year
HOANone listed
Net operating income$21,600 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Opportunity knocks near Fairmount, one of Fort Worth’s most charming historic areas! This vacant, duplex zoned property sits just blocks from Magnolia Avenue, one of the city’s most celebrated streets, lined with locally owned restaurants, coffee shops, bars, boutiques & colorful murals. The area comes alive throughout the year with community festivals like ArtsGoggle, while tree lined streets of historic homes give the neighborhood its signature character. Downtown Fort Worth, the Medical District & major commuter routes are all just minutes away, keeping work, dining & entertainment within easy reach. With continued investment & revitalization throughout the area, this is a location that truly stands out. Offering 1,523 square feet across two units, the property features a one bedroom, one bath unit on the left & a two bedroom, one bath unit on the right. Original hardwood floors run through most of the home, while tall ceilings & large windows fill each space with natural light. No popcorn ceilings here! A charming clawfoot tub adds vintage character to one bath, & both kitchens are equipped with cabinets & sinks, ready for the appliances & finishes of your choosing.

Recent foundation repair has already been completed, giving you a valuable head start on your plans. Each unit is equipped with gas heaters & window units. Outside, a classic front porch showcases the historic charm this area is known for, while the partially fenced backyard offers alley access, plus driveway parking for added convenience.

Whether you plan to renovate & lease both sides, or live in one unit while renting the other, this property delivers flexibility & long term potential in one of Fort Worth’s most sought after areas. Being sold as-is & priced to sell, opportunities this close to Magnolia don’t come along often. Bring your vision & make it yours!

The details

HeatingNatural Gas, Wall Furnace
CoolingElectric, Multi Units, Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
FlooringHardwood, Tile, Vinyl, Wood
AppliancesOther
Interior featuresBuilt-in Features

Construction materialsSiding
RoofComposition
FoundationPillar/Post/Pier

Lot featuresFew Trees, Subdivided
FencingBack Yard, Chain Link, Partial, Wood
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Natural Gas Available, Phone Available

SubdivisionKing Sub

ElementaryDaggett
Middle schoolDaggett
High schoolPaschal
DistrictFort Worth ISD

Gross income$21,600 per year
Cap rate7.45% — as listed
Net operating income$21,600 per year

MLS #21431131
Source
On the market1 day
CountyTarrant

Around this home

One moment…

Everyday life

Nearest groceryFiesta Mart · 1.2 mi
Nearest parkFairmount Park · 0.1 mi

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Listing courtesy of CENTURY 21 Judge Fite Co. — Sarah Lyons.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21431131. Information last updated November 8, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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