UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Quail Creek Add
MLS Listing ID 21189191
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 3448
Year Built 1987
Lot Size 9,104 Sqft
Acres 0.209
Property Sub-Type Quadruplex
Property Description
This asset is ideal for investors seeking a value-add opportunity or buyers looking to live in one unit while leasing out the others. The property is positioned near schools, retail, and major highways, placing it within a high-demand rental corridor supported by strong area growth. With room to raise rents to market levels and potential for cosmetic upgrades, the pro forma upside is strong. This 4-plex offers a compelling combination of stability, income, and future potential.
Highlights:
– Zoned MF, supporting multifamily use and future expansion
– Three of four units rented, providing immediate income
– Live-in investment potential for buyers seeking to offset housing costs
– Recent inspection completed; seller addressing minor items
– Value-add potential through renovations and rent optimization
– Strong location near schools, retail, and major highways
– Crowley market experiencing steady population and job growth
– New price of $565,000 enhances overall value
This property delivers on location, flexibility, and income potential, making it a strong fit for portfolio expansion or an excellent entry point for owner-investors seeking built-in cash flow.
Location
State TX
County Tarrant
Direction Enter address into maps.
Interior
Interior Features Cable TV Available, Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Luxury Vinyl Plank
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heat Source Central
Exterior
Fence Back Yard, Full, Wood
Utilities Available Cable Available, Concrete, Curbs, Electricity Available, Electricity Connected
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Entrance
Garage No
Building
Lot Description Acreage
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Bess Race
Middle Schools Stevens
High Schools Crowley
School District Crowley Isd
Others
Acceptable Financing Assumable, Cash, Contract, Conventional, Conventional Assumable, FHA
Listing Terms Assumable, Cash, Contract, Conventional, Conventional Assumable, FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21189191
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