403 E Franklin Street # A Grapevine, TX $ 650,000
403 E Franklin Street # A
$ 650,000
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403 E Franklin Street # A

Grapevine, TX, 76051
$ 650,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 4,104

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Multi-Family Home for sale in Grapevine, TX

for $650,000 with 4 bedrooms and 2 full baths. This home was built in 1968 on a lot size of 0.168.

Rare opportunity to own a turnkey duplex in the heart of Grapevine’s coveted Historic District, just two blocks from vibrant Main Street! With very few duplexes existing within the Historic District, this unique property offers incredible flexibility for an owner-occupant or investor. Built in 1968 and fully renovated, each 806-square-foot unit features two bedrooms and one bath with LVP flooring throughout—no carpet—quartz countertops and fresh neutral paint for a clean, updated look. Both residences are move-in ready with no renovation required. Unit A is currently vacant, offering the perfect opportunity to live on one side while benefiting from rental income next door. Unit B is tenant-occupied with a lease in place through July 2027 at $2,000 per month. Prefer a traditional investment? Lease Unit A as well and enjoy income from both sides. The location is exceptional—leave the car at home and walk to the restaurants, wineries, boutiques, festivals and entertainment of Historic Main Street, as well as Grapevine Faith Christian School. The property is also zoned to Grapevine-Colleyville ISD, including Colleyville Heritage High School. Whether you’re looking for a home with built-in rental income, a multigenerational living option or a rare investment property in one of Grapevine’s most desirable and walkable neighborhoods, this beautifully renovated duplex offers a combination of location, flexibility and income potential that is seldom available.

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Multi-Family Active

Price

$ 650,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,849

Style

Duplex

Lot Size

0.168

Year Built

1968

Town/City

Grapevine

County/Region

Tarrant

MLS | Web ID

21388934

Features
Interior
Interior Features Cable TV Available Eat-in Kitchen High Speed Internet Available Open Floorplan
Flooring Luxury Vinyl Plank
Total Units 2
Half Baths 0
Total Bedrooms 4
Total Baths 2
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General
Heating Central Electric
Complex Name Not Applicable
Cooling Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding Subject to Lease
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater
Number of Garage Spaces 0
School District Grapevine-Colleyville ISD
Pool Y/N 0
Exclusions Unit A: Shed in backyard refrigerator in kitchen
Year Built 1968
Levels One
Unit Number A
Property Subtype Duplex
Subdivision Name Jenkins & Yates Sub
County Tarrant
Property Type Residential Income
Construction Materials Brick Wood
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Historical
# of Buildings 1
Full Baths 2
Status Active
Directions From Historic Main Street: Two blocks East on Franklin Street property is on your left
City Grapevine
Elementary School Name Cannon
High School Colleyville Heritage
Elementary School Cannon
Standard Status Active
Listing Terms Cash Conventional VA Loan
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Exterior
Waterfront 0
Lot Features Interior Lot Landscaped Sprinkler System Subdivision
Fencing Wood
Parking Features Attached Carport
Foundation Slab
Building Area Total 1612.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Sue Wykes

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$4,508
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
286926 Elementary School
5136266 Middle School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$650,000 Listed Price

Map


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403 E Franklin Street # A, Grapevine, TX, 76051 is a Multi-Family Home for sale at $650,000 with a lot size of 0.168. 403 E Franklin Street # A has 4 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 76051 which is in Grapevine, TX