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The Drees Team of The Property Shop
1703 May St, Fort Worth, TX 76110
- $359,900
- 2
- BD
- 1
- BA
- List Price
- $359,900
- MLS#
- 21423329
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1983
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 1
- Acres
- 0.12
- County
- Tarrant
- City
- Fort Worth
- Subdivision
- Emory College Sub
- Building Name
- N/A
Property Description
Located near the heart of Fort Worth’s vibrant Magnolia Avenue, this short-term rental duplex combines proven investment performance with an unbeatable location. Generating over $50,000 in gross short-term rental revenue in both 2025 and 2026, this income-producing property boasts a strong rental history and high annual occupancy. The duplex features two 2-bedroom, 1-bath units, each offering a kitchen with quartz countertops, stainless steel appliances, and updated cabinetry. Bathrooms feature stone-topped vanities and tiled tub-and-shower combinations, while tile flooring throughout provides easy maintenance. Private fenced yards and individual storage units add convenience for guests and tenants. Previous renovations include replacement of the roof, both HVAC systems, and both water heaters. The property also offers four on-site parking spaces. Situated in Fort Worth’s desirable Near Southside district, residents and guests enjoy convenient access to Magnolia Avenue’s popular restaurants, coffee shops, entertainment, and local businesses, along with downtown Fort Worth and I-35W. Whether continuing its established success as a short-term rental or transitioning to a traditional long-term rental, this turnkey duplex presents an excellent opportunity for investors seeking flexibility and proven income potential.
Additional Information
- Unexempt Taxes
- $2,413
- Amenities
- Fireplace
- Lot Size
- 5,009
- Acres
- 0.12
- Interior Features
- High Speed Internet
- Flooring
- Tile
- Foundation
- Slab
- Roof
- Metal
- Stories
- 1
- Pool Features
- None
- Fireplace Type
- None
- Exterior
- Rain Gutters
- Parking Garage
- Common, Paved
- School District
- Fort Worth Isd
- Elementary School
- De Zavala
- Middle School
- Daggett
- High School
- Paschal
- Possession
- CloseOfEscrow
- Community Features
- Curbs
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Listing courtesy of K.C. McKeown from Real Broker, LLC. Contact: 509-551-4884
Listing 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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