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403 E Franklin Street, Unit A, Grapevine, TX 76051

$650,000
  • 403 E Franklin Street, Unit A, Grapevine, TX 76051 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,636 MLS#21388934
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJenkins & Yates Sub SCHOOLGrapevine-Colleyville ISD

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.

403 E Franklin Street, Unit A | MLS# 21388934

This multi-family property located at 403 E Franklin Street, Unit A, Grapevine, TX 76051 is currently listed for sale with an asking price of $650,000. E Franklin Street, Unit A is located within the Grapevine-Colleyville ISD school district. Search Grapevine real estate on www.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.17 Acres
Roof Type: Composition
Year Built: 1968

Amenities

Cable TV Available
Eat-in Kitchen
High Speed Internet Available
Open Floorplan

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
Days on Site: 2
Exclusions: Unit A: Shed in backyard, refrigerator in kitchen
Exterior: Brick, Wood
Fencing: Wood
Flooring: Luxury Vinyl Plank
Lot: Interior Lot, Landscaped, Sprinkler System, Subdivision
Parcel#: 04536517
Parking: Attached Carport
Parking Notes: Attached Carport
Patio/Porch: Covered
Units: 2
Utilities: City Sewer, City Water

Local Schools

Elementary School: Cannon
School District: Grapevine-Colleyville ISD

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Contact: 817-329-9005
Agent Name: Sue Wykes

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 1,636.20 per month $1,446.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.58 Homeowner's Insurance

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