Favorite Listings
Dallas, TX 75208
  • 10 Beds
  • 4 Baths
$880,000

About this home

1921, 1923, 1925, 1927 W 10th St will be covered with purchase. Offers approximately 4,038 SF of total living space.

Incredible turnkey investment opportunity to acquire a cash-flowing fourplex in Dallas' premier 75208 zip code. Located at 1921-1927 W 10th St, this highly desirable asset sits in a high-demand rental pocket just minutes from the vibrant Bishop Arts District, Methodist Hospital, and Downtown Dallas.
The property delivers an excellent layout mix: two spacious 3-bedroom units (currently occupied at $1,700 per month each) and two downstairs 2-bedroom units (delivered vacant and ready for immediate, conservative market-rent optimization at $1,450 per month each). With a stabilized gross monthly income of $6,300, this asset projects an exceptional Net Operating Income (NOI) of $57,127.50 and a strong 6.49% Cap Rate at the recommended list price.
Landlord utility overhead is completely optimized with separate meters, leaving tenants 100% responsible for all utility payments. Featuring off-street parking, an exceptional neighborhood footprint, and clear house-hacking or 1031-exchange potential, this asset is a reliable anchor for any real estate portfolio.

Easy access to Hwy I-30, I-35. All information is deemed reliable and accurate but not guaranteed. Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools etc. Property is being sold AS-IS. Please DO NOT disturb tenants. 1921 and 1925 are 2-bedroom units (downstairs units) are vacant and available for showing. No showing in 1923 and 1927 are 3-bedroom units (upstairs units) until accepted contract.

Seller has survey (it is attached in this listing). Buyer may obtained a new survey at buyer's expense.
Excludes: All tenants personal property.

Overview

Full Baths
Available to members — sign in to view this detail.
Half Baths
0
Bathrooms
4
Bedrooms
10
Building Area
4038
Levels
One
Living Area
0
Lot Size (Acres)
0.21
Property Subtype
Quadruplex
Property Type
Residential Income
Status
Active
Year Built
1925

Interior

Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Electric
Fireplaces
0
Flooring
Ceramic Tile, Wood
Heating
Central, Electric
Interior Features
Decorative/Designer Lighting Fixtures, Other, Cable TV

Exterior & Construction

Construction
Brick
Foundation
Concrete Perimeter, Pillar/Post/Pier
Roof
Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Dallas
County
Dallas
School District
Dallas ISD
ZIP Code
75208
State
TX
Subdivision
Sunset Hill Add

Financial

Price
880000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Separate Meters, Water Available, Cable Available

Listing Details

Listing Agent
Maria Madigan
Listing Office
Great Real Estate, Inc.
MLS #
21385305
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21385305

Listing agents

Listing AgentMaria MadiganGreat Real Estate, Inc.

Sign In

Enter your email to continue.

New here? Entering your email creates your account.