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1906 Grainger St

Fort Worth, TX 76110
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4 Bedroom(s)
4 Full Bath(s)
0.14 Lot Acres
Multi-Family - Fourplex

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Description

Four Doors. $400,000. Originally Listed at $575,000. The facts, then you decide: The price. This quadplex originally listed at $575,000. It's now $400,000, $100,000 per door in Fort Worth's Bellevue Hill, minutes from the Hospital District and TCU. The why. The owner holds this property from out of state and has priced it for a clean, fast exit. He's not interested in executing the upside. That's the buyer's to keep. The income: from the actual rent roll, available on request. Three units are occupied and paying: two at $975 per month, one at $840 per month. The fourth unit is vacant, rent-ready, and currently listed for lease at $975, lease it day one or use it as your test case. In-place rents total $2,790 per month occupied, $3,765 at full occupancy at current rates. The upside? Priced by a contractor, not a brochure. Cosmetic updates estimated at $12,000–$17,000 per door support stronger market rents; a full-scope renovation quote ($28,000–$34,000 per door) and a perimeter fence estimate ($4,000–$8,000) are also on file. The vacant unit means you can prove your rent number on one door before touching the other three. No tenant displacement. No leap of faith. The structure. Four units, one building, two stories, 2,640 SF, built 1922, central HVAC, laminate flooring, functional kitchens. Off-street parking, fenced front yard. Corner-adjacent lot on Grainger Street in an established rental corridor, walkable to Hemphill, near transit, with the Hospital District and TCU anchoring tenant demand. The diligence file is built. Rent roll, lease dates, contractor estimates, and tax records ready to send same-day to serious buyers. Underwrite it yourself: note Tarrant County's 2.19% rate is based on much lower assessment than sales price. Tenant-occupied: showings by appointment with advance notice. If multiple offers are received, a deadline will be set. Four doors. A hundred grand each. Documents, not promises.

MLS#
NTREIS-21294083
List Price
$400,000
Listing Status
For Sale
Address
1906 Grainger St
City
Fort Worth
State
TX
Zip Code
76110
County
Tarrant County
Subdivision
Bellevue Hill Add
Legal Description
BELLEVUE HILL ADDITION BLOCK Z LOT E 1/2 OF N
Property Type
Multi-Family - Fourplex
Bedroom
4 Bedroom(s)
Bath
4 Full Bath(s)
Stories
2
Year Built
1922 /Appraisal District
Lot Size
0.14 Lot Acres/ASSESSOR

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Siding
Parking
Additional Parking, Common
Utility
City Sewer,City Water

Interior

Floors
Laminate
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Other

Lot Information

Lot Size
0.14 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 15, 2026 at 06:47 PM
Listing last updated Jun 11, 2026 at 05:22 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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