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1016 Arlington Avenue

Fort Worth, TX 76104

$439,000

4 units · 1930

Units4
Building area3,672 sq ft
Year built1930
Gross income$52,800/yr
Cap rate10.14% as listed
Parking4 spaces
Lot size0.138 acres
TypeQuadruplex

What it costs to own

Taxes$6,961 per year
HOANone listed
Operating expenses$8,300 per year — as listed
Net operating income$44,500 per year — as listed

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

About this home

Beautifully renovated quadplex located just 4 miles from vibrant downtown Fort Worth. Attractive and highly rentable floor plan for long-term or mid-term leases. Designated parking for each unit. Recent improvements make this an exceptional low-maintenance addition to any portfolio. In 2025, the yard drainage system was replaced, providing peace of mind for years to come. Interior updates throughout the property enhance durability and tenant appeal, while the spacious layout in each unit supports strong, consistent rental demand. Situated in a quickly growing corridor with easy access to major highways, medical centers, universities, and Fort Worth's cultural district, this property is perfectly positioned for sable cash flow and long-term appreciation.

The details

HeatingCentral, Electric
CoolingCentral Air
FlooringVinyl
AppliancesDishwasher, Electric Range
Interior featuresOpen Floorplan

Construction materialsBrick
RoofComposition
FoundationPillar/Post/Pier

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected

SubdivisionSouthland Sub

ElementaryCarrollpea
Middle schoolMorningsid
High schoolPolytechni
DistrictFort Worth ISD

Gross income$52,800 per year
Operating expenses$8,300 per year
Cap rate10.14% — as listed
Net operating income$44,500 per year

MLS #21388549
Source
On the market7 days
CountyTarrant

Around this home

One moment…

Everyday life

Nearest groceryRip Grande Supermarket · 1.0 mi
Nearest parkHarvey Street Park · 0.5 mi

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Listing courtesy of Compass RE Texas, LLC — Dillon Dewald.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21388549. Information last updated September 23, 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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