This exceptional quadruplex is a standout investment opportunity and a valuable addition to any portfolio. The property features four separate units, each offering 2 bedrooms, 1 full bath, and 1 half bath, providing strong rental appeal and long-term income potential. Each unit spans approximately 780 sq. ft., with current rents at $1,120 per month and projected market rents averaging around $1,400 per month, creating immediate upside for investors. Conveniently located near public transportation, shopping, and dining, the property attracts tenants seeking both comfort and convenience. Approved for Section 8 and professionally managed by an experienced property management company with excellent tenant relationships, this investment offers a smooth, hassle-free ownership experience. Investors can benefit from steady cash flow, future rent growth, and long-term appreciation potential. Don’t miss the opportunity to add this thriving income-producing property to your investment portfolio!
Multi-familyProperty Type
1986Year Built
9,060 sq ftLot Size
$144Price/Sq.Ft.
4 spacesParking
Listed by Oladapo Wahab• Keller Williams Prosper Celina
There are four units in each of two buildings with separate utility meters for each unit.
3 years ago• May not reflect the current state of the home
Janice Billups
Redfin Associate agent
Sale and tax history for 4926 Flamingo Rd
Sale History
Tax History
Date
Event
Price
Public Records
Sep 15, 2026
Sold
*
NTREIS #21277280
Sep 11, 2026
Sold
*
Sep 5, 2026
Pending
—
Aug 21, 2026
Relisted
—
Aug 11, 2026
Contingent
—
May 28, 2026
Listed
$448,000
$144/sq ft
Public Records
Dec 17, 2024
Sold
*
Public Records
Apr 22, 2024
Sold
*
NTREIS #20511423
Apr 18, 2024
Sold
*
Apr 1, 2024
Pending
—
Mar 11, 2024
Price Changed
$487,000
$156/sq ft
Mar 7, 2024
Price Changed
$492,000
$158/sq ft
Feb 20, 2024
Price Changed
$495,000
$159/sq ft
Jan 16, 2024
Listed
$525,000
$168/sq ft
Ready to negotiate! A valuable asset for any portfolio, this quadruplex investment opportunity is exceptional. Consisting of four distinct units, each featuring two bedrooms, one full bath, and one half bath, it boasts versatility and potential. With approximately 780 sqft per unit, current rents stand at $1,120, with the average market value expected to increase to approximately $1,400 per month. Ideally situated near public transportation, shopping, and dining options, it caters to tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase rents, ensuring a stable and profitable investment for years to come. Approved for Section 8 and professionally managed by a property management company with excellent tenant relationships, this quadruplex offers a hassle-free investment opportunity. Don't miss out on the chance to enrich your portfolio with these thriving quadruplex properties!
Public Records
Jul 28, 2023
Sold
*
$513/sq ft
NTREIS #20292106
Jul 28, 2023
Sold
*
Jul 7, 2023
Pending
—
Jun 21, 2023
Contingent
—
Jun 8, 2023
Relisted
—
May 30, 2023
Contingent
—
May 18, 2023
Price Changed
$425,000
$136/sq ft
Apr 19, 2023
Price Changed
$449,000
$144/sq ft
Mar 31, 2023
Listed
$485,000
$155/sq ft
Turnkey quadruplex investment property offers an incredible opportunity to add a stable and profitable asset to any portfolio. With four separate units, each with two bedrooms, one full bath, and one half bath, this property is a versatile and valuable investment. Each unit is approximately 780 square feet, providing ample space for comfortable living, and the property is fully leased. Well-maintained and has a proven track record of excellent rental history, with an average lease of $881 per month, ensuring steady cash flow. The property offers convenient access to public transportation, shopping centers, and dining options, making it an attractive option for tenants. Investors will appreciate the potential for long-term capital appreciation, with the possibility of increasing rents over time, ensuring a stable and profitable investment for years to come. Don't miss out on this opportunity to add this quadruplex investment property to your portfolio!
Public Records
Apr 1, 2021
Sold
*
NTREIS #13889585
Jul 20, 2018
Sold
*
Jul 12, 2018
Listing Removed
—
Jul 12, 2018
Listed
$300,000
$96/sq ft
Public Records
Mar 12, 2018
Sold
*
Public Records
Mar 14, 2008
Sold
*
Public Records
Apr 20, 2007
Sold
*
Public Records
Dec 29, 2001
Sold
*
Public Records
Oct 24, 1996
Sold
*
Public Records
Jun 23, 1994
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$8,795 (−2.4%)
$5,000 + $396,775
$401,775
2024
$9,015 (−8.4%)
$5,000 + $396,775
$401,775
2023
$9,843 (−13.6%)
$5,000 + $429,995
$434,995
2022
$11,398 (+44.7%)
$5,000 + $433,462
$438,462
2021
$7,878 (+9.1%)
$5,000 + $288,064
$293,064
2020
$7,219 (+3.6%)
$2,000 + $261,150
$263,150
2019
$6,966 (+50.4%)
$2,000 + $261,171
$263,171
2018
$4,632 (+2.8%)
$2,000 + $166,378
$168,378
2017
$4,505 (+3.9%)
$2,000 + $159,757
$161,757
2016
$4,337 (+77.9%)
$2,000 + $159,757
$161,757
2015
$2,438 (+1.1%)
$2,000 + $151,115
$153,115
2014
$2,412
$2,000 + $83,000
$85,000
2013
$2,413
$2,000 + $83,000
$85,000
2012
$2,412 (−24.2%)
$2,000 + $83,000
$85,000
2011
$3,184
$2,000 + $83,000
$85,000
2010
$3,183
$2,000 + $110,200
$112,200
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
9,071 Sq. Ft.
Year renovated
1986
Sq. Ft.
3,120
Year built
1986
Style
Multi-Family (2-4 Unit)
County
Tarrant County
APN
05843200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
R2
Townhouse/Cluster District
It is the purpose of the townhouse/cluster (R2) district to provide a specific zone for the development of row houses and townhouses on unique patterned lots clustered around a common access road or cul-de-sac.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Library
Museum / gallery
Golf related
Park & open space
Property details
Parking
Parking Information
Carport Spaces: 0
Number Of Parking Spaces: 4
Parking Features: Parking Lot
Parking & Garage
Garage Spaces: 0
Interior
Virtual Tour
Heating & Cooling
Cooling: Electric
Heating: Electric
Interior Features
Appliances: Dishwasher, Disposal, Microwave
Levels: One
Flooring: Tile
Interior Features: Cable TV Available, High Speed Internet Available
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 4
Unit Count: 1
Gross Annual Income: 62400.00
Gross Annual Expenses: 10000.00
Insurance Expense: 6904
Net Operation Income: 50000
Exterior
Building Information
Roof: Composition
Construction Materials: Siding
Foundation Details: Slab
Exterior Features
Patio And Porch Features: Covered
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.2080
Lot Size Area: 0.2080
Lot Size Square Feet: 9060.4800
Lot Size Units: Acres
Parcel Number: 05843200
RATIO List Price By Lot Size Acr: 2153846.15385
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Accessibility Features YN: No
Multi Parcel IDYN: No
Property Key: 48439|05843200|1|9706618
Property Match: APN
US Property MUI: 402163568
Building Information
Building Area Total: 3120.00
Building Area Source: Public Records
Year Built: 1986
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 6
Tax Legal Description: COUCH, J T ADDITION BLOCK 6 LOT 20R8
Tax Lot: 20R-8
Unexempt Taxes: 8795
Financial Information
Buyer Financing: Other
Capitalization Rate: 11.16
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Green Wm
Elementary School Name: Green Wm
High School Name: Wyatt Od
Middle School Name: Forest Oak
Primary School Name: MG Ellis
School District: Fort Worth ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: SEE GPS
Latitude: 32.68851300
Longitude: -97.26238800
Geocode Confidence: High
Complex Name: Couch J T Add
Subdivision Name: Couch J T Add
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,120
Stories: 2.0
Lot Size: 9,071 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1986
Year Renovated: 1986
County: Tarrant County
APN: 05843200
Home facts updated by county records on Oct 8, 2026
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 29
Possession: Closing/Funding
Seller Contributions: 4500
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 85
Cumulative Days On Market: 85
Close Date: 2026-09-11
Purchase Contract Date: 2026-09-05
Listing Contract Date: 2026-05-28
Off Market Date: 2026-09-05
Status Change Timestamp: 2026-09-11T16:12:17.450
Listing Price Information
Original List Price: 448000.00
List Price: 448000.00
RATIO Close Price By Lot Size Ac: 2144230.76923
RATIO Current Price By Lot Size: 2144230.76923
Around this home
Schools
W M Green Elementary School
Public PreK-5 • Assigned • 0.8mi
1/10
Forest Oak Middle School
Charter 6-8 • Assigned • 0.9mi
3/10
O D Wyatt High School
Public 9-12 • Assigned • 1.9mi
1/10
Provided by GreatSchools
Local insights from Redfin agents
Fort Worth has a personality that feels distinctly different from the rest of DFW, blending its Western heritage with a growing restaurant, arts, entertainment, and business scene. What I appreciate most is how much the experience changes across the...
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 110° expected this year, 23 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Fort Worth, TX • 76119
Average low and high temperatures (°F)
56
36
67
43
78
55
79
61
84
65
92
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97
77
95
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92
69
86
64
73
52
64
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Fort Worth. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$406,000 – $491,000
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