About This Home

This 8-bedroom, 8-bathroom multi-family at 7504 Chapin Road in Fort Worth, TX is listed for $650,000. Built in 1984, on a 0.28 acres lot.

Key Features

  • Built in 1984
  • 0.28 acre lot
  • 2 stories
  • 4 parking spaces
  • Fireplace

Property Details

2 stories
4 full, 4 half
4 spaces
1984

Amenities

FireplaceA/C
Listing Description

Unlock the potential of this 4-unit income property located at 7504 Chapin Dr, Fort Worth, TX 76116. Currently operating at approximately 75% occupancy, this property presents an opportunity for an investor to acquire an income-producing asset with potential to increase revenue through improved occupancy and management.

The property features four individual units, offering the benefits of multifamily ownership while spreading rental income across multiple tenants. With three-quarters of the units currently occupied, an investor has an opportunity to stabilize the remaining vacancy and potentially enhance the property's overall cash flow.

Located in Fort Worth, the property provides convenient access to major roadways, employment centers, shopping, dining, and other area amenities. Whether you're looking to add to an existing rental portfolio or seeking a multifamily investment with additional upside, 7504 Chapin Dr offers a combination of current rental income and value-add potential.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

7504 Chapin Road

Fort Worth, TX 76116

Highland Homes Add

Property Details

Flooring

TileCarpetVinyl

Construction

Brick

Parking

CarportAlley

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)ElectricCentral Air

Appliances

DishwasherElectricRangeElectricWaterHeaterDisposalRefrigerator

Questions & Answers

This 8-bedroom, 8-bathroom multi-family at 7504 Chapin Road is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 0.28 acre lot, 2 stories, 4 parking spaces, Fireplace.

This property is listed by Ikay Aburime.

IA

Ikay Aburime

Agent at Targetcost Realty

Listed by Targetcost Realty · Broker phone: (469) 438-4502 · View on Broker Site · Broker website

MLS# 21389114· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7504 Chapin Road, Fort Worth, TX 76116

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