About 4927 Miller Avenue
Add this one to your portfolio! This quadruplex investment opportunity is outstanding. Four distinct units, each featuring two bedrooms, one full bath, and one half bath. Approximately 780 sqft per unit, with the average market value rent approximately at $1,100 per month. Conveniently situated near public transportation, shopping, and dining options, it caters to tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase rents, ensuring a stable and profitable investment for years to come. Approved for Section 8 . Don't miss out on the chance to enrich your portfolio with these thriving quadruplex properties!
Features of 4927 Miller Avenue
| MLS® # | 20606781 |
|---|---|
| Price | $487,000 |
| Units | 4 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Building Area Total | 3,120 |
| Acres | 0.19 |
| Year Built | 1986 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 4927 Miller Avenue |
|---|---|
| Subdivision | Couch J T Add |
| City | Fort Worth |
| County | Tarrant |
| State | TX |
| Zip Code | 76119-5011 |
Amenities
| Utilities | Asphalt, City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Sidewalk |
|---|---|
| Parking Spaces | 8 |
| Garages | Parking Lot, Parking Pad |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available, Other |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Level |
| Roof | Asphalt, Built-Up |
| Construction | Brick, Wood |
| Foundation | Slab |
School Information
| District | Fort Worth ISD |
|---|---|
| Elementary | Green Wm |
| Middle | Forest Oak |
| High | Wyatt Od |
Additional Information
| Net Operation Income | $35,000 |
|---|---|
| Gross Annual Income | $52,800 |
| Gross Annual Expenses | $18,200 |
| Insurance Expense | $3,316 |
| CapitalizationRate | 7.19 |
Unit 1 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 2 |
| SqFt | 780 |
Unit 2 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 2 |
| SqFt | 780 |
Unit 3 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 2 |
| SqFt | 780 |
Unit 4 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 2 |
| SqFt | 780 |
Listing Details
| Agent | Felicia Barber |
|---|---|
| Office | Redfin Corporation |