3212 Forest Park Boulevard, Fort Worth, Texas, 76110

Listed by NRES, Andrew Neumann, 925-999-5135
$1,990,000
4,556 Sqft
0.14 Acres
10 bd
10 ba
#21428868
NRES is pleased to offer 3212–3214 Forest Park Boulevard, a 2026-built, three-story duplex about half a mile from the TCU campus core. The property has two 5-bed, 5-bath units, for 10 beds and 10 baths in total, across approximately 4,556 SF on a 6,250 SF lot in Fort Worth’s Berry and University corridor. Each roughly 2,278 SF unit has a private bath for every bedroom. The second floor holds an open kitchen and living area with a center island and stainless appliances. Each unit also has an in-unit washer and dryer, wood-look plank flooring, walk-in closets in select bedrooms, covered balconies, and a rooftop deck. Residents park in a striped surface lot at the rear. Both units are fully leased at $13,500 per month, or $162,000 in annual scheduled rent. 3212 is leased through May 2028, and 3214’s leases run through May 2027 and May 2028. At the $1,990,000 asking price, estimated Year 1 NOI of $129,500 gives a 6.51% cap rate, or $199,000 per bedroom. Completed in 2026, the property gives a buyer a brand-new asset with minimal near-term capital needs. The site sits on a block of newer three-story duplexes, about 0.2 mile south of W Berry Street. Kroger and Bluebonnet Circle are each about half a mile away, and Downtown Fort Worth is roughly 4.4 miles by car.

PROPERTY FEATURES

  • 2 Unit(s)
  • Utilities : City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter
  • Parking Features: Electric Gate,Gated,On Street,Parking Lot,Secured
  • 10 Parking Space(s)
  • Security Features : Carbon Monoxide Detector(s),Security Gate,Security Lights,Security System,Smoke Detector(s),Wireless
  • Patio And Porch Features : Covered,Deck,Front Porch,Roof Top Deck/Patio
  • Lot Features : Composition,Shingle
  • Cooling: Electric
  • Heating : Electric
  • Construction Materials: Vinyl Siding,Other
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Multiple Staircases,Open Floorplan,Pantry,Smart Home System,Walk-In Closet(s)
  • Appliances : Dishwasher,Disposal,Electric Range,Microwave,Refrigerator,Tankless Water Heater,Washer
  • Flooring : Luxury Vinyl Plank
  • Windows Features: Window Coverings
  • Levels : Three Or More
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21428868
Status: Active
Price: $1,990,000
Acres: 0.14 Acres
Price Per Acre: $13,819,444
Type: Multi-family
Address: 3212 Forest Park Boulevard
City, State: Fort Worth, Texas
County: Tarrant
Zip Code: 76110
Lat/Long: 32.703614, -97.352653
Presented By: Andrew Neumann
Phone: 925-999-5135
Email: Click to Contact