Next Level Realty

708 N MARSALIS

Dallas , TX 75203

MLS#: 21203966

$1,600,000

Status: Active
Listing number: 21203966
Listing provided by: Colonial Commercial RE LLC
Listing agent phone: None
Last update: N/A
Browse Properties
Oak Cliff Original - Residential Income

Property

Beds

20

Full Baths

20

1/2 Baths

None

Year Built

1958

Sq.Footage

N/A

Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Average rents range from 700-800 all bills paid.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    20

  • Bathrooms

    20

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Concrete

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.42

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,600,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Bowie

  • Middle School

    Garcia

  • High School

    Adamson

Property Features

  • Foundation Details

    Pillar/Post/Pier

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Location

County

Dallas

Elementary School

Bowie

Middle School

Garcia

High School

Adamson

Listing Courtesy of Michael Berkowitz , Colonial Commercial RE LLC

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Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Average rents range from 700-800 all bills paid.

708 N MARSALIS

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