2816 Wayside Avenue Fort Worth, TX $ 2,700,000
2816 Wayside Avenue
$ 2,700,000
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2816 Wayside Avenue

Fort Worth, TX, 76110
$ 2,700,000
Bedrooms16 Baths8.0

Monthly Estimate*

$ 18,860

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Multi-Family Home for sale in Fort Worth, TX

for $2,700,000 with 16 bedrooms and 8 full baths. This home was built in 1978 on a lot size of 0.144.

Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.

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Multi-Family Active

Price

$ 2,700,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 9,831

Style

Duplex

Lot Size

0.144

Year Built

1978

Town/City

Fort Worth

County/Region

Tarrant

MLS | Web ID

20560995

Features
Interior
Interior Features Built-in Features Loft Open Floorplan
Flooring Laminate
Basement Y/N 0
Total Units 8
Full Baths 8
Street Suffix Avenue
Total Bedrooms 16
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General
Heating Central Electric
Complex Name Wayside Duplexes
Cooling Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Electric Range Microwave Refrigerator
Number of Garage Spaces 0
School District Fort Worth ISD
Pool Y/N 0
Year Built 1978
Levels One and One Half
Property SubType Duplex
Subdivision Name Frisco Heights Add
County Tarrant
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 4
Status Active
Directions Please use GPS.
City Fort Worth
Buyer Agent Compensation 3.00
Elementary School Name Clayton Li
High School Paschal
Street Name Wayside
Elementary School Clayton Li
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Few Trees Interior Lot
Fencing Wood
Lot Size Source Estimated
Parking Features Covered Driveway
Foundation Slab
Lot Size Dimensions 200x123sf
Building Area Total 2356.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 2816
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* Excluded Features
List By
Ted Olsen

Listing Agent

Compass Re Texas, Llc

Broker

Affordability Calculator

$19,680
Per Month
96%
4%
0%
Monthly Principal & Interest
$18,860
Monthly Property Taxes
$819
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287929 Elementary School
2966025 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$2,700,000 Listed Price

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2816 Wayside Avenue, Fort Worth, TX, 76110 is a Multi-Family Home for sale at $2,700,000 with a lot size of 0.144. 2816 Wayside Avenue has 16 bedrooms, 8.0 baths, and was built in 1978. The property's zip code is 76110 which is in Fort Worth, TX