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7504 Chapin Rd, Fort Worth
$650,000
8 Beds ⋅ 8 Baths ⋅ 21389114 MLS ⋅ N/A BLDG.
Unlock the potential of this 4-unit income property located at 7504 Chapin Dr, Fort Worth, TX 76116. Currently operating at approximately 75% occupancy, this property presents an opportunity for an investor to acquire an income-producing asset with potential to increase revenue through improved occupancy and management. The property features four individual units, offering the benefits of multifamily ownership while spreading rental income across multiple tenants. With three-quarters of the units currently occupied, an investor has an opportunity to stabilize the remaining vacancy and potentially enhance the property's overall cash flow. Located in Fort Worth, the property provides convenient access to major roadways, employment centers, shopping, dining, and other area amenities. Whether you're looking to add to an existing rental portfolio or seeking a multifamily investment with additional upside, 7504 Chapin Dr offers a combination of current rental income and value-add potential.

7504 Chapin Rd, Fort Worth
7500 Chapin Rd, Fort Worth
$599,000
8 Beds ⋅ 8 Baths ⋅ 21348482 MLS ⋅ Chapin BLDG.
Exceptional investment opportunity in a fast-growing area of Fort Worth with 3 occupied units and one left vacant for potential owner occupancy. Discover a turnkey, solid income-producing fourplex featuring spacious units, with a two-story townhome-style layout—each offering 1,075 square feet of living space with 2 bedrooms and 1.5 bathrooms. All units have been fully updated and feature no carpet throughout. Kitchens are equipped with granite countertops, ample storage cabinetry, and subway tile backsplashes, while updated bathrooms showcase granite vanity tops, new toilets, fresh paint, and modern flooring. Each unit features open living spaces with charming fireplaces, durable laminate flooring, updated fixtures, a convenient downstairs guest half-bath, and dedicated washer and dryer hookups. Occupants enjoy private, fully fenced backyard courtyards, access to assigned covered carport parking, and additional uncovered guest spots. Strategically positioned just off Camp Bowie, this asset offers seamless commutes to Downtown Fort Worth, local dining, shopping, and major regional employers like Lockheed Martin and the NAS Joint Reserve Base. Low deferred maintenance is highlighted by a roof replacement (2018), new perimeter fencing (July 2022), water heaters (Unit B 2021, Unit C 2025), updated AC ducting (Unit D 2022), and a replacement refrigerator (Unit C 2021). Occupants pay their own electric bills with an established $80 a month per unit bill-back for water and trash. (Note: Photos depict Unit D; Unit C features identical updates.) Unit A and B were updated in 2025 and 2026. 3 units are currently occupied and 1 is vacant for showings and potential owner occupancy. Call for more details or to book a showing.

7500 Chapin Rd, Fort Worth

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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