Renovated & Income-Producing – 5116 & 5120 Lovell Ave. This full duplex is one of two on this block that were custom-built by famed Fort Worth grocer Roy Pope for his family members.
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.
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.
For sale
$695,000
5116 Lovell Ave, Fort Worth, TX 76107
4beds
3,744sqft
Est.:
Duplex, Multi Family
Built in 1968
6,272.64 Square Feet Lot
$681,100 Zestimate®
$186/sqft
$-- HOA
What's special
Modern finishesYard spaceDedicated air filtration systemBonus roomStainless appliancesQuartz countertopsCovered patio
- 24 days
- on Zillow |
- 676 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 08:04am
Listed by:
Philip Walker 0339357,
Walker Realty Partners LLC 214-980-4969
Source: NTREIS,MLS#: 20999108
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Windows: Window Coverings
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,744
- Total interior livable area: 3,744 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Door-Multi, Door-Single, Electric Vehicle Charging Station(s), Garage Faces Side
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Wood,Wrought Iron
Lot
- Size: 6,272.64 Square Feet
- Features: Interior Lot, Landscaped
Details
- Parcel number: 00488658
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Chamberlain Arlington Heights 1st
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $204,475
- Annual tax amount: $4,588
- Date on market: 7/13/2025
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