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Kita Maloney

OnDemand Realty

kita@kitamaloney.com +1(469) 428-7073

$ 500,000

Est. payment | -/mo

8 Beds

6 Baths

0.36 Acres Lot

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$ 500,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

6 Baths

0.36 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Wedgwood Add

MLS Listing ID 21365971

Bedrooms 8

Full Baths 6

HOA Y/N None

Total Fin. Sqft 3672

Year Built 1981

Annual Tax Amount $8,347

Lot Size 0.356 Acres

Acres 0.356

Property Sub-Type Quadruplex

Property Description

FULLY OCCUPIED FOURPLEX offering immediate cash flow in the established Wedgwood area of SW Fort Worth. This turnkey, professionally managed investment property includes four approx. 945-sq-ft units: two 2-bed, 2-bath units and two 2-bed, 1-bath units. All four are currently leased with strong rental history and long-term tenancy. Each unit includes two assigned parking spaces, one covered and one uncovered. Current ownership has completed numerous improvements, including a full rehab of Unit 6188, plus a new electrical panel and water heater in Unit 6198 in 2026 and new appliances in 2025. Additional improvements include security cameras, HVAC and plumbing repairs and upgrades, landscaping, property cleanup and routine pest control. Conveniently located approx. 8 miles from Downtown Fort Worth with access to TCU, NAS JRB, Hulen Mall, I-20, public transit and major employment corridors. Current rents are at or near market, providing stable in-place income with future upside. Buyer and buyer agent to verify all information. Some photos virtually staged.

Location

State TX

County Tarrant

Direction From I-20 take exit 435 towards McCart Ave. Go south on McCart Ave 1.2 miles. Turn right onto Park Lake Dr. in 0.5 miles turn right onto Vega Dr. Subject property will be first quadraplex on the left. Parking is located behind the building. No sign.

Interior

Interior Features Built-in Features, Cable TV Available, Granite Counters, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Ceramic Tile, Simulated Wood

Fireplaces Number 4

Fireplaces Type Brick, Wood Burning

Appliance Dishwasher, Disposal, Electric Oven, Electric Range

Heat Source Central, Electric

Exterior

Exterior Feature Awning(s), Balcony, Covered Patio/Porch, Storage

Carport Spaces 8

Utilities Available All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Sewer Available

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot, Landscaped

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Westcreek

Middle Schools Wedgwood

High Schools Southhills

School District Fort Worth Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21365971

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Meredith Anderson • RE/MAX Four Corners

NEARBY SCHOOLS & PROPERTIES

Kita Maloney

Agent License ID: 0689625

+1(469) 428-7073

6188 Vega Drive Fort Worth, TX 76133

Kita Maloney

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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6188 Vega Drive