MULTIFAMILYRADAR
8-Unit Multifamily in Fort Worth, TX, photo 1
New construction
$2,500,000

8-Unit Multifamily in Fort Worth, TX

TX · listed May 18, 2026 (163 days)

Price per unit compared
This property$313K
Within ~40 mi (148)$138K
Texas median (1,196)$92K
$/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.

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