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$800,000
1 Day On Site

1501 W Morphy Street
Fort Worth, TX 76104

For Sale|Quadruplex|Active
9
Beds
4
Total Baths
4
Full Baths
4,552
SqFt
$176
/SqFt
1926
Built
Subdivision:
Mc Anulty & Nye Sub
County:
Tarrant

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1501 W Morphy Street1501 W Morphy Street1501 W Morphy Street1501 W Morphy Street
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1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth's highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced unit mix consisting of three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Significant capital improvements include a roof replacement in 2014, along with plumbing, HVAC, and electrical upgrades completed in 2016. Residents benefit from walkable access to Magnolia Avenue's popular dining and entertainment destinations, including Salsa Limón, Maggie's R&R, Melt Ice Cream, and numerous other neighborhood amenities. With established in-place rental income, historical capital improvements, and proximity to Fort Worth's Medical District and Near Southside, 1501 W Morphy offers investors the opportunity to acquire a stabilized multifamily asset in an established urban infill location. Capitalize on this opportunity to add a fully occupied, income-producing asset to your investment portfolio. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity.

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Listing Snapshot
Price 
$800,000
Days On Site 
1 Day
Bedrooms 
9
Inside Area (SqFt) 
4,552 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.115 Acres
Year Built 
1926
MLS Number 
21428349
Status 
Active
Property Tax 
$11,011
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS
22 hours agoStatus changed to Active
yesterdayListing first seen on site
General Features
Acres 
0.115
Foundation 
Other
Levels 
Two
Parking 
DrivewayOn Street
Parking Spaces 
3
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4552
Water Source 
Public
Interior Features
Appliances 
Other
Cooling 
Other
Flooring 
Other
Heating 
Other
Interior 
Other
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Exterior Features
Construction Details 
Brick
Roof 
Composition
Community Features
School District 
Fort Worth ISD
Financing Terms Available 
1031 ExchangeCash
Schools
School District
Fort Worth ISD
Elementary School
De Zavala
Middle School
Daggett
High School
Paschal
Listing courtesy of Ross Utley of League Real Estate [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-11-06 09:41 AM CST

Neighborhood & Commute
Source: Walkscore
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