4927 Miller Avenue

Fort Worth, TX 76119

$487,000
Price
8
Beds
8
Baths
3,120 Sq. Ft.
$156 / Sq. Ft.
3,120
Sq. Ft.
$156
per Sq. Ft.

Description

Add this one to your portfolio! This quadruplex investment opportunity is outstanding. Four distinct units, each featuring two bedrooms, one full bath, and one half bath. Approximately 780 sqft per unit, with the average market value rent approximately at $1,100 per month. Conveniently situated near public transportation, shopping, and dining options, it caters to tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase...Add this one to your portfolio! This quadruplex investment opportunity is outstanding. Four distinct units, each featuring two bedrooms, one full bath, and one half bath. Approximately 780 sqft per unit, with the average market value rent approximately at $1,100 per month. Conveniently situated near public transportation, shopping, and dining options, it caters to tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase rents, ensuring a stable and profitable investment for years to come. Approved for Section 8 . Don't miss out on the chance to enrich your portfolio with these thriving quadruplex properties!
  1. Listed by Felicia Barber • TREC #0681526 • Redfin Corporation • 817-783-4605

Property Details for 4927 Miller Avenue

Subdivision Name
Couch J T Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
8

Location

Listing Courtesy of Redfin Corporation, Felicia Barber
Add your commute
LISTING UPDATED: 05/22/2024 07:12 PM

Property Details for 4927 Miller Avenue

StatusActive Option Contract
MLS #20606781
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1986
Lot Size0.19 AC / 8,319 SF
CountyTarrant County

Location

Listing Courtesy of Redfin Corporation, Felicia Barber
Add your commute

Virtual Tour

Building Information for 4927 Miller Avenue

Stories2Residences4Year Built1986Building Size-Lot Size0.19 AC / 8,319 SF

Payment Calculator

$3,423 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,658

Property Taxes

$765

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4927 Miller Avenue

Summary
Location and General Information
  • Block: 6
  • Complex Name: No Name
  • Directions: From 287, Head south on Miller Ave toward Chickasaw Ave Destination will be on the Left.
  • Elementary School: Green Wm
  • Elementary School Name: Green Wm
  • High School: Wyatt Od
  • High School Name: Wyatt Od
  • Middle School: Forest Oak
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.69
  • Longitude: -97.26
  • State: Texas
Parking
  • Parking Features: Parking Lot, Parking Pad
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: COUCH, J T ADDITION BLOCK 6 LOT 20R2
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 20R-2
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Laminate, Tile
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, High Speed Internet Available, Other
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Wood
  • Exterior Features: Other
  • Fencing: None
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Asphalt, Built-Up
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 4
  • Patio And Porch Features: None
  • Levels: Two
Property
Utilities
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Sidewalk
Property and Assessments
  • Accessory Unit: No
  • Exclusions: None.
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Payment Type: Principal & Interest
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Dock Permitted: No
  • Lot Features: Level
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.191
  • Lot Size Area: 0.191
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8319.96
  • Multi Parcel ID: Yes
  • Parcel Number: 05843103
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.19%
  • Gross Annual Expenses: $18,200
  • Gross Annual Income: $52,800
  • Insurance Expense: $3,316
  • Tenancy: None
  • Total Annual Expenses Include: Insurance, Maintenance, Maintenance Grounds, Professional Management, Other
  • Net Operation Income: $35,000.00
Unit 1
  • Approximate SQFT: 780.0
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 13.0
  • Living Area Width: 11.0
  • Master Bed Length: 11.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 780.0
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 15.0
  • Living Area Width: 11.0
  • Master Bed Length: 11.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 780.0
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 15.0
  • Living Area Width: 11.0
  • Master Bed Length: 11.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 780.0
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 15.0
  • Living Area Width: 11.0
  • Master Bed Length: 11.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1

Property History for 4927 Miller Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4927 Miller Avenue

Taxable ValueLand$25,014Additions$380,534Total$405,548
Tax Record2023$9,177 ($765 / month)
Home Facts
Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtStories2Lot Size8,337 SqFtStyleTriplexYear Built1986CountyTARRANTAPN8443-6-20R2

Schools near 4927 Miller Avenue

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
W M Green Elementary School
PublicPK to 5

Forest Oak Middle School
Charter6 to 8

O D Wyatt High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation, Felicia Barber

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