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Suzie Kim

assistant@dtwexperts.com +1(313) 474-7709

$ 650,000

Est. payment -/mo

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403 E Franklin ST #A Grapevine, TX 76051

4 Beds

2 Baths

1,612 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,612 sqft

Price per Sqft $403

Subdivision Jenkins & Yates Sub

MLS Listing ID 21388934

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1968

Annual Tax Amount $4,849

Lot Size 7,318 Sqft

Acres 0.168

Property Sub-Type Duplex

Property Description

Rare opportunity to own a turnkey duplex in the heart of Grapevine's coveted Historic District, just two blocks from vibrant Main Street! With very few duplexes existing within the Historic District, this unique property offers incredible flexibility for an owner-occupant or investor. Built in 1968 and fully renovated, each 806-square-foot unit features two bedrooms and one bath with LVP flooring throughout—no carpet—quartz countertops and fresh neutral paint for a clean, updated look. Both residences are move-in ready with no renovation required. Unit A is currently vacant, offering the perfect opportunity to live on one side while benefiting from rental income next door. Unit B is tenant-occupied with a lease in place through July 2027 at $2,000 per month. Prefer a traditional investment? Lease Unit A as well and enjoy income from both sides. The location is exceptional—leave the car at home and walk to the restaurants, wineries, boutiques, festivals and entertainment of Historic Main Street, as well as Grapevine Faith Christian School. The property is also zoned to Grapevine-Colleyville ISD, including Colleyville Heritage High School. Whether you're looking for a home with built-in rental income, a multigenerational living option or a rare investment property in one of Grapevine's most desirable and walkable neighborhoods, this beautifully renovated duplex offers a combination of location, flexibility and income potential that is seldom available.

Location

State TX

County Tarrant

Direction From Historic Main Street: Two blocks East on Franklin Street, property is on your left

Interior

Interior Features Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal

Exterior

Parking Features Attached Carport

Carport Spaces 2

Fence Wood

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Porch Covered

Total Parking Spaces 2

Garage No

Private Pool No

Building

Lot Description Interior Lot, Landscaped, Subdivision, Sprinkler System

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Cannon

Middle Schools Grapevine

High Schools Colleyville Heritage

School District Grapevine-Colleyville Isd

Others

Senior Community No

Tax ID 04536517

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21388934

Suzie Kim

+1(313) 474-7709

Suzie Kim

403 E Franklin ST #A Grapevine, TX 76051

Key Details

Location

Interior

Exterior

Building

Schools

Others

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403 E Franklin ST #A