1 / 2912-Unit Multifamily in North Richland Hills, TX
TX · listed Sep 8, 2026 (50 days)
- $/unit
- $135,417
- ▲ 35% vs TX · 68th pct
- Cap rate
- —
- NOI
- $132K
- $11,038/unit/yr
- Units
- 12
- 3 bldg · 1983
Financials
- Asking price
- $1,625,000
- Price per unit
- $135,417
- Price per sq ft
- $177
- Gross rent / year
- $176,400
- Net operating income
- $132,451
- NOI per unit
- $11,038
- Cap rate
- Not stated
- Gross yield
- 10.9%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- two 2 bedrooms and two 1 bedrooms
- Buildings
- 3
- Year built
- 1983
- Building size
- 9,204 sq ft
- Avg unit size
- 767 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 8, 2026
- Days on market
- 50 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1753
About this property
3 Quadplexes for sale for a total of 12 units, each building consists of two 2 bedrooms and two 1 bedrooms with each unit having one full bath. Located within walking distance of the highly regarded Fort Worth Christian School and just a short drive from Richland High School, these well-maintained quadplexes presents a prime investment opportunity in a sought-after area. A great addition to any portfolio. Each unit features a comfortable layout and strong rental potential, making this a great option for investors looking to grow their portfolio with a stable, income-generating property. Roof and Carport covering replaced August 2024.
Location
Approximate area. The exact address is shared on request.
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