
8-Unit Multifamily in Fort Worth, TX
TX · listed May 18, 2026 (163 days)
- $/unit
- $312,500
- ▲ 239% vs TX · 95th pct
- Cap rate
- —
- NOI
- $111K
- $13,921/unit/yr
- Units
- 8
- 1 bldg · 2025
Financials
- Asking price
- $2,500,000
- Price per unit
- $312,500
- Price per sq ft
- $298
- Gross rent / year
- $185,760
- Net operating income
- $111,365
- NOI per unit
- $13,921
- Cap rate
- Not stated
- Gross yield
- 7.4%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- (4) 1bed, 1 bath and (4) 2bed, 2.5bath units
- Buildings
- 1
- Year built
- 2025
- Building size
- 8,400 sq ft
- Avg unit size
- 1,050 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 18, 2026
- Days on market
- 163 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1153
About this property
The Merritt Condominiums is a brand new 36-unit condo development in the heart of The River District! (address on request) includes (4) 1bed, 1 bath and (4) 2bed, 2.5bath units, ranging from 650-1200sqft and 100% leased. Property is perfectly positioned minutes from downtown Fort Worth, Cultural District and Fort Worth Stockyards. Zoned MU-1, each unit is thoughtfully designed for efficient, comfortable living - ideal for individuals searching for a lock-and-leave lifestyle. Minimal maintenance for investors seeking a prime opportunity to own income-producing property in a high-demand area. The location and layout make these units excellent candidates for long-term leasing or short-term rental strategies. Zoning allows for fully legal Airbnb operations in the city of Fort Worth! Additional buildings are continuing to be leased and can be purchased individually or as a package. Reach out for more information!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Fort Worth, TX | $750K | $125K$125K | — |
Fort Worth, TX | $2M | $249K$249K | 5.3%gy |
Fort Worth, TXNewValue-add | $1.1M | $183K$183K | — |
Fort Worth, TXNew | $3M | $71K$71K | — |
| Fort Worth, TX Value-add | $690K | $30K$30K | — |
High yieldStabilized | $1.12M | $140K$140K | 8.4% |



