1420 & 1422 E Mulkey Street
Fort Worth, TX 76104
- 6 beds
- 4 baths
- 2,100 sqft
- 5,998 sqft lot
- $123 per sqft
- 2005 build
- – on site
Duplex Investment Opportunity. House Hack & Build Wealth! This duplex at 1420 E Mulkey St, Fort Worth, TX is a prime opportunity for house hackers and investors alike! Live in one unit while renting out the other for $1,350 a month, drastically reducing your housing costs while building equity. Key Features: Two Units, perfect for rental income or multi-generational living House Hack Potential. Offset your mortgage with rental income $1,350 Monthly Rental Income. Helps cover mortgage and expenses Tiled Floors Throughout. Low maintenance and durable Spacious Kitchen and Living Areas. Ready for your updates Prime Location. Close to highways, shopping, and schools Updated Mortgage Savings Estimate: Purchase Price: $260,000 Down Payment FHA 3.5%: $9,100 Loan Amount: $250,900 Interest Rate 7% Estimate: $1,668 a month P and I Taxes and Insurance Estimate: $300 a month Est Total Monthly Payment: $1,968 Rental Income from One Unit: $1,350 Your Out-of-Pocket Cost: ONLY $618 a month! Potential ROI and Cash Flow: Market Rent for Both Units: $2,700 a month Annual Rental Income If Fully Rented : $32,400 Estimated Annual Expenses Taxes, Insurance, Maintenance: $8,000 Potential Net Income if Fully Rented: $24,400 a year Cash on Cash Return with 3.5% down: 30-35% This is a turnkey investment opportunity that allows you to live for less while building wealth through real estate. Whether you're an investor or a first-time homebuyer, this duplex is a smart move! Call today to schedule a showing!
Last checked:
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Last updated Mar 27, 2025
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MLS# 20881253 —
The Building
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Year Built:2005
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Year Built Details:Preowned
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Accessibility Features:No
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Roof:Composition
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Foundation Details:Slab
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Levels:One
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Construction Materials:Brick
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Building Area Total:2100.00
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Building Area Source:Public Records
Interior
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Interior Features:Cable TV Available
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Flooring:Ceramic Tile
Location
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Directions:From Downtown Fort Worth: Take I-35W S from downtown. Use Exit 48A for Ripy St toward E Berry St. Turn left onto E Berry St. Turn right onto S Riverside Dr. Turn left onto E Mulkey St. Continue until you reach 1420 E Mulkey St.
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Latitude:32.71543800
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Longitude:-97.30618200
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:02611716
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:5998.2120
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Lot Size Acres:0.1377
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Lot Size Area:0.1377
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Lot Size Units:Acres
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Exclusions:n/a
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# of Buildings:1
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:6
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Tax Block:20
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Tax Legal Description:RYAN SOUTHEAST ADDITION BLOCK 20 LOT 6
Beds
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Bedrooms Total:6
Baths
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Total Baths:4.00
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Branded:my.matterport.com/show/?m=GiCwXk8Bz3M
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20881253
Heating & Cooling
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Heating:Central, Electric
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Cooling:None
Utilities
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Utilities:City Sewer, City Water
Appliances
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Appliances:Electric Cooktop
Schools
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School District:Fort Worth ISD
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Primary School Name:MG Ellis
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Elementary School:MG Ellis
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Middle School Name:Riverside
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High School Name:Carter Riv
The Community
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Subdivision Name:Ryan Southeast Add
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Pool:No
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Association Type:None
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Complex Name:NA
Parking
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Covered Spaces:2
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# of Parking Spaces:2
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).