UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Quail Creek Add
MLS Listing ID 21073674
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 3448
Year Built 1987
Lot Size 9,104 Sqft
Acres 0.209
Property Sub-Type Quadruplex
Property Description
Step into steady income and long-term upside with this 3,448 sq ft multifamily property located in the growing Crowley market. Zoned MF (Multifamily Residential), this Class C asset features four 2-bed, 1-bath units—three of which are currently rented, with the owner occupying the fourth. This setup offers immediate cash flow with the flexibility to convert the owner's unit into additional rental income or retain it for on-site management.
Whether you're an investor seeking a value-add opportunity or a buyer looking to live in one unit and lease out the others, this property offers the best of both worlds. Positioned near schools, retail, and major highways, it sits in a high-demand rental corridor with strong growth indicators.
With room to raise rents to market rate and potential for cosmetic upgrades, the pro forma upside is strong—making this a smart addition to any portfolio or a strategic first step for owner-investors.
?? Highlights:
-Zoned MF – supports multifamily use and future expansion
-3 of 4 Units Rented – immediate income with owner-occupancy flexibility
-Live-In Investment – ideal for buyers who want to offset their mortgage with rental income
-Pro Forma Upside – increase NOI through renovations and rent optimization
-Strong Location – near schools, retail, and major highways
-Investor-Friendly Market – Crowley is experiencing steady population and job growth
This property delivers on location, flexibility, and income potential—whether you're building your portfolio or planting roots with passive income built in.
Location
State TX
County Tarrant
Direction Enter address into maps.
Interior
Interior Features Cable TV Available, Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Luxury Vinyl Plank
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heat Source Central
Exterior
Fence Back Yard, Full, Wood
Utilities Available Cable Available, Concrete, Curbs, Electricity Available, Electricity Connected
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Entrance
Garage No
Building
Lot Description Acreage
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Bess Race
Middle Schools Stevens
High Schools Crowley
School District Crowley Isd
Others
Acceptable Financing Assumable, Cash, Contract, Conventional, Conventional Assumable, FHA
Listing Terms Assumable, Cash, Contract, Conventional, Conventional Assumable, FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21073674
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