Description
Duplex investment opportunity. house hack & build wealth! this duplex at 1420 e mulkey st, fort worth, tx is a prime opportunity for house hackers and investors alike! live in one unit while renting out the other for $1,350 a month, drastically reducing your housing costs while building equity. key features: two units, perfect for rental income or multi-generational living house hack potential. offset your mortgage with rental income $1,350 monthly rental income. helps cover mortgage and expenses tiled floors throughout. low maintenance and durable spacious kitchen and living areas. ready for your updates prime location. close to highways, shopping, and schools updated mortgage savings estimate: purchase price: $260,000 down payment fha 3.5%: $9,100 loan amount: $250,900 interest rate 7% estimate: $1,668 a month p and i taxes and insurance estimate: $300 a month est total monthly payment: $1,968 rental income from one unit: $1,350 your out-of-pocket cost: only $618 a month! potential roi and cash flow: market rent for both units: $2,700 a month annual rental income if fully rented : $32,400 estimated annual expenses taxes, insurance, maintenance: $8,000 potential net income if fully rented: $24,400 a year cash on cash return with 3.5% down: 30-35% this is a turnkey investment opportunity that allows you to live for less while building wealth through real estate. whether you're an investor or a first-time homebuyer, this duplex is a smart move! call today to schedule a showing!
Property Type
Residential IncomeSubdivision
Ryan Southeast AddCounty
TarrantStyle
Residential IncomeAD ID
49103563
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 6
Bathroom Information
- Total Baths: 4
- Full Baths: 4
- Half Baths: 0
Interior Features
- Cable TV Available
Appliances
- Electric Cooktop
Utilities
- City Sewer,City Water
Cooling Features
- None
Heating Source
- Central,Electric
-
Exterior Features
Building Information
- Built Year: 2005
- Building Area Total: 2,100
- Construction: Brick
- Roof Type: Composition
Foundation
- Slab
Construction Materials
- Brick
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.1377
- Lot Size Units: Acres
- Lot Size Square Feet: 5998.2120
Property Information
- Property Type: Residential Income
- Property Sub Type: Duplex
- Subdivision: Ryan Southeast Add
- City: Fort Worth
- State: Texas
- Directions: From Downtown Fort Worth: Take I-35W S from downtown. Use Exit 48A for Ripy St toward E Berry St. Turn left onto E Berry St. Turn right onto S Riverside Dr. Turn left onto E Mulkey St. Continue until you reach 1420 E Mulkey St.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $260,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 02611716
- Tax Block: 20
- Tax Legal Description: RYAN SOUTHEAST ADDITION BLOCK 20 LOT 6
- Tax Lot: 6
- Unexempt Taxes: $6,644
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage Space: 0
- Parking: 2
- Parking Features: Other
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Middle School: Riverside
- High School: Carter Riv
- Primary School: MG Ellis
- School District: Fort Worth ISD
Utility Information
- Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 04/02/2025 @ 08:50
- MLS: 452950017
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 6 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Fort Worth , in zip code 76104, this Tarrant County Home , it is in the Ryan Southeast Add Subdivision, and are nearby neighborhoods.