Fort Worth, TX 76107 4824 Wellesley Avenue
$724,900
8 more
- MLS# 21188995
- 03/05/2026
Presented By: Olivos Group
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 8
Baths • 4
Year Built • 1980
Home Details
Phenomenally updated 4-Plex Investment Opportunity near TCU and Central Market. Don't miss this exceptional opportunity to acquire a turnkey multi-family property in a highly desirable Fort Worth location. This property includes four identical residential units, presenting great income producing potential for the savvy investor. All four units vacant and ready for immediate occupancy. They are currently being marketed for lease at an average, $1,375 per unit. The units feature new roof, HVACs, carpet, cabinetry, doors, LVP floors, paint, updated lighting and hardware, landscaping and more. Situated moments away from Texas Christian University (TCU), Central Market, the Fort Worth Zoo, and an array of fantastic shopping and dining options. 1 block from Lake Como Park with walking trails, playground, fishing pier, lighted tennis and basketball courts. This is a rare chance to secure a promising asset in a vibrant neighborhood.
Presented By: Olivos Group
Interior Features for 4824 Wellesley Avenue
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringCarpet, Vinyl
Interior FeaturesDecorative Lighting, Open Floorplan, Walk-In Closet(s)
Lock Box TypeSupra
Occupancy Rate
Total Units4
Unit Count1
Window FeaturesWindow Coverings
General for 4824 Wellesley Avenue
# of Buildings1
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Capitalization Rate0.00
Carport Spaces
CityFort Worth
Complex Name4824 Wellesley
Construction MaterialsBrick, Siding
CoolingCeiling Fan(s), Central Air
CountyTarrant
DirectionsI-30 to Hulen St, South to Wellesley Drive
Elementary SchoolSouthhimou
Elementary School NameSouthhimou
Full Baths4
Gross Annual Expenses21000.00
HOA TypeNone
HeatingElectric
High SchoolArlngtnhts
Insurance Expense2753
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces0
Occupant TypeVacant
Operating Expense IncludesInsurance, Maintenance Grounds, Utilities
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Special NotesAerial Photo, Deed Restrictions, Owner/ Agent, Survey Available
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameChamberlain Arlington Heights 2nd
TenancyLease While on Market, No Smoking, No Sublease, No Waterbeds, Pet Restrictions, Pets Allowed, Written Application Only
UtilitiesCable Available, City Sewer, City Water, Community Mailbox, Electricity Connected, Sewer Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1980
Year Built DetailsPreowned
Exterior for 4824 Wellesley Avenue
Attached Garage Y/NNo
Building Area Total3348.00
Covered Spaces
Exterior FeaturesBalcony, Lighting
FencingBack Yard, Wood
Foundation Slab
Garage Y/NNo
Lot FeaturesLevel
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1435
Lot Size Area0.1435
Lot Size Square Feet6250.8600
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesAsphalt, Off Street, Permit Required
Patio And Porch FeaturesPatio, Side Porch
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Southhimou Elementary School
High School
N/A
Middle School
N/A
Suzanne Smith
Broker/Owner