5116 Lovell Avenue Fort Worth, TX 76107
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Chamberlain Arlington Heights 1St
MLS Listing ID 20999108
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 3744
Year Built 1968
Annual Tax Amount $4,588
Lot Size 6,272 Sqft
Acres 0.144
Property Sub-Type Duplex
Property Description
Ideal opportunity for owner-occupants or investors: this updated full duplex offers immediate rental income and long-term upside. Live in one side and lease the other, or enjoy strong returns from both.
Each side features:
2 bedrooms, 2 bathrooms
Private 2-car garage
Yard space and outdoor living – covered patio at 5116, wood deck at 5120
Fully renovated kitchens with white cabinetry, quartz countertops, stainless appliances including gas cooktop, dual convection ovens, and dishwasher
Modern finishes and well-maintained systems
Dedicated air filtration system between units for odor and air quality control
Unit Details:
5116 Lovell Ave. – 1,598 SF; previously leased for $1,780 per month. Now vacant and move-in ready.
5120 Lovell Ave. – 2,146 SF; leased through 11-30-2025 at $2,250 per month. Includes a fireplace, large living room, and a bonus room ideal for an office or den with access to the deck.
Located just blocks from Lake Como Park, this property sits in a rapidly revitalizing area with ongoing renovation and investment activity. The roof is approximately 8 years old. Owners have maintained the property with care and attention to detail.
2024 cash flow statement available upon request.
Owners prefer to sell both units together but will consider offers on individual sides.
Location
State TX
County Tarrant
Direction Just west of Hulen Street and south of I-30.
Interior
Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Walk-In Closet(s)
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater
Heat Source Central, Natural Gas
Exterior
Exterior Feature Covered Patio/Porch
Garage Spaces 4.0
Fence Wood, Wrought Iron
Utilities Available Cable Available, City Sewer, City Water
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Lot Description Interior Lot, Landscaped
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Wood
Schools
Elementary Schools Southhimou
Middle Schools Stripling
High Schools Arlngtnhts
School District Fort Worth Isd
Others
Ownership Call Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20999108
