Listing provided courtesy of 6th Ave Homes- MLS# 21280934MLS ProviderContact Information: Jamey Ice - 817-631-9803

1409 W Allen AvenueFort Worth, TX 76110

Multi-Family · 6 Beds · 3 Full Baths · 2,072 Sq. ft. | 0.05 Acres
$550,000 Active

1409 W Allen Avenue Overview

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Two blocks off Magnolia Avenue in Historic Fairmount, a 1920 duplex taken to the studs and rebuilt with designer finishes. Two self-contained units under one roof, roughly 1,036 square feet each, each with its own private entry, full kitchen, living room, and bedrooms. Live in one and rent the other, run both as furnished rentals, or hold a proven income property on one of Fairmount's best blocks. The character is original and intact: wood floors, shiplap walls and ceilings, statement lighting, gas ranges, and built-ins. A mint-cabinet kitchen with open shelving and a vintage brass faucet, tufted seating, and warm, livable rooms that photograph as well as they show. Outside, the signature double-stacked covered porches run the full width of the house, strung with cafe lights and shaded by mature trees: balcony above, gathering space below. Recent, documented updates take the guesswork out: a full 2018 designer renovation, exterior paint and updated siding in 2022, a new water heater in 2024, and individual electric meters. The numbers back it up. The property has averaged about $70,000 a year in furnished-rental income and is tracking toward $80,000 in 2026, owner-reported P&L is in transaction desk. Available fully turnkey with all furnishings, linens, and operating setup for an additional $25,000 under a separate bill of sale; seller's preference is to sell turnkey. Steps from the restaurants, coffee shops, and bars on Magnolia, and minutes from TCU, the Cultural District museums, the Near Southside medical district, and the Stockyards. Fort Worth ISD: Lily B. Clayton Elementary, McLean Middle, Paschal High. 2,072 total square feet, six bedrooms, three baths, on an interior Fairmount lot with on-street parking. Seller is a licensed real estate agent. Buyer to verify square footage, schools, taxes, and income.

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1409 W Allen Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,072
  • Price/Sq.ft. $265
  • Lot 0.05 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Fort Worth ISD
  • Elementary School: Clayton Li
  • Middle Or Junior School: Mclean
  • High School: Paschal

Income/Expenses

  • Gross Income: 70392.0
  • Insurance Expense: 1459.0
  • Net Operating Income: 5218.0

Building Information

  • Year Built: 1920
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: FORT WORTH
  • Subdivision Name: Fairmount Add

Tax Information

  • Tax Annual Amount: 3958.0

General Information

  • Exclusions: all art
  • Parcel Number: 00912840
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2072.0

General Information

  • Appliances: Dishwasher,Disposal,Microwave
  • Flooring: Ceramic Tile,Wood
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Chandelier,Decorative/Designer Lighting Fixtures,High Speed Internet,Kitchen Island
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: No Garage,On Street

Lot Information

  • Lot Size Square Feet: 2003.76
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 2

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1409 W Allen Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1409 W Allen Avenue Market Data

Based on the last 30 days in this zip code

$442,293
Average List Price
$255
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network


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