Next Level Realty

2718 Cleveland Street

Dallas, TX 75215

MLS#: 21330836

$995,000

Status: Active
Listing number: 21330836
Listing provided by: Dallas Property Advisors, LLC
Listing agent phone: None
Last update: N/A
On site: 9 days ago
Browse Properties
D L Richardsons - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1961

Sq.Footage

8,000

2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment. The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket. The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI. With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Common

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot

  • Lot Size(acres)

    0.287

  • Lot Size(square feet)

    12,501

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $995,000

  • Tax Amount

    $20,674

  • Sq. Footage

    8,000

  • Price/SqFt

    $124

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Dunbar

  • Middle School

    Dade

  • High School

    Madison

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    3

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Dallas

Elementary School

Dunbar

Middle School

Dade

High School

Madison

Listing Courtesy of Matteo Faeth , Dallas Property Advisors, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment. The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket. The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI. With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket.

2718 Cleveland Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Next Level Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Brand new construction duplex built by Samantha Francine Homes, Inc. in the heart of Dallas! Crafted with exceptional attention to detail and a remarkable level of quality, this custom duplex showcases two thoughtfully designed residences that blend modern comfort, timeless style, and everyday functionality. Each residence features a cohesive mirrored floor plan with spacious, thoughtfully designed living areas that offer both comfort and functionality throughout. Offering approximately 4,300 square feet of combined living space, this property includes 6 bedrooms, 4 full bathrooms, and 2 half baths, making it an ideal opportunity for investors, owner-occupants, or extended family living. The primary suite provides a serene retreat, complete with a walk-in closet and a spa-like bath featuring dual vanities and elegant finishes. Enjoy the convenience of new construction, energy-efficient materials, and a low-maintenance lifestyle. This home is just minutes from Downtown Dallas, Bishop Arts District, and the new Halperin Park.
#21281683

Dallas

219 W Yarmouth Street

6 Beds

4 Baths

4,300 Sq.Ft.

$900,000

MLS#: 21281683

Investment Opportunity in a Prime North Dallas Location! Excellent opportunity to own an income-producing duplex in a high-demand rental area of North Texas. The property is currently occupied with long-term tenants in place, providing immediate and stable rental income. Conveniently located near major highways, shopping, dining, and employment centers, this property benefits from strong surrounding growth and ongoing area activity. Ideal for investors seeking a long-term investment upside in a well-located Dallas submarket.
#21207623

Dallas

3749 High Vista Drive

6 Beds

4 Baths

3,380 Sq.Ft.

$849,000

MLS#: 21207623

Price reduced
Rare Swiss Avenue Fourplex - Quadplex- Multifamily Investment - Income Producing Property - Prime Dallas 75204 Location. Fully leased fourplex investment opportunity located in the prestigious Swiss Avenue Historic District of Dallas. This stabilized asset offers immediate cash flow with four occupied 1-bedroom, 1-bath units and significant rental upside. Current rents are below market, creating a compelling value-add investment opportunity for investors seeking future income growth and long-term appreciation. This income-producing property features larger-than-average floor plans, supporting strong rental demand and tenant retention. Extensive capital improvements are complete, including foundation stabilization with approximately 30 piers installed, beam replacement, fully renovated kitchens and bathrooms, updated fixtures, and numerous property enhancements throughout.The property also features a renovated and landscaped backyard, providing an attractive shared outdoor space for residents. Located in a highly desirable walkable neighborhood near Downtown Dallas, Deep Ellum, Uptown, Lower Greenville, and the Baylor Medical District, this urban core multifamily property offers convenient access to major employment centers, dining, entertainment, shopping, and public transportation. Its transit-oriented location provides quick access to I-30, I-45, US-75, Love Field Airport, and DFW International Airport.
#21305069

Dallas

4512 Swiss Avenue

4 Beds

4 Baths

4,200 Sq.Ft.

$1,180,000

MLS#: 21305069

Rare opportunity to own an iconic Prairie-style 4-plex just blocks from Bishop Arts. Framed by beautiful brick columns, this timeless property blends historic character w-strong investment potential in one of Dallas' most desirable neighborhoods. Each of the 4 units offers 2 BDs, 1 BA, spacious living rm, dining area & functional kitchen. A recently painted exterior enhances curb appeal, while the covered front porch & 2nd-floor balcony provide inviting outdoor spaces for every resident. Whether you're looking to expand your portfolio, add value, or secure a premier long-term asset, opportunities like this are increasingly rare. Located within the Bishop Ave Corridor PD-830, the zoning offers exciting future redevelopment potential (buyer to verify). Just minutes from Bishop Arts' award-winning dining, coffee shops, boutiques & entertainment, this is a unique chance to own an income-producing property in the heart of one of Dallas' fastest-appreciating neighborhoods.
#21303479

Dallas

826 N Bishop Avenue

4 Beds

4 Baths

3,620 Sq.Ft.

$950,000

MLS#: 21303479

Price reduced
Built with a level of finish and intention rarely seen in multifamily properties, this custom duplex offers two beautifully matched residences designed for modern living, long-term flexibility, and effortless style. Together, the property spans approximately 4,000 square feet with 6 bedrooms, 6 full bathrooms, and 2 half baths, creating an ideal setup for owner-occupants, investors, or multigenerational living. Each side mirrors the other with a highly functional floor plan featuring three spacious ensuite bedrooms, open-concept entertaining spaces, and a first-floor primary suite. Inside, soaring ceilings, white oak flooring, custom cabinetry, and layered textures create interiors that feel warm, sophisticated, and thoughtfully curated rather than overly modern. The kitchens anchor each home with oversized islands, quartz countertops, gas cooking, and custom storage, while the adjoining living areas are filled with natural light and centered around sleek fireplaces. Every bedroom offers privacy and comfort with its own dedicated bath and generous closet space, making the layout especially appealing for shared living or premium rental opportunities. The outdoor spaces feel equally considered, with covered patios, built-in grills, private fenced yards, and seamless indoor-outdoor flow. Additional features including foam insulation, tankless water heaters, attached garages, and dedicated office nooks further elevate the day-to-day experience. Positioned near Wynnewood Village, Halperin Park, and just minutes from Downtown Dallas, this is an opportunity to own a design-forward property that combines strong income potential with genuinely beautiful living spaces.
#21267420

Dallas

2315 S Vernon Avenue

6 Beds

6 Baths

4,000 Sq.Ft.

$950,000

MLS#: 21267420

Fully Renovated Duplex, Fully Leased and No HOA! Exceptional turnkey investment opportunity featuring two income-producing units: a spacious 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit. Fully renovated with modern finishes throughout and currently fully leased, providing immediate cash flow and stable rental income. Conveniently located near major highways, shopping, dining, and employment centers. No HOA, offering greater flexibility and lower ownership costs. A rare chance to acquire a fully occupied, income-producing asset with strong long-term investment potential.
#21299485

Dallas

3649-51 Stables Lane 2

5 Beds

4 Baths

2,878 Sq.Ft.

$799,999

MLS#: 21299485

New on site 3 days ago
Ideally situated on desirable Lakeshore Drive, this 1931 duplex includes two units, 6260 and 6262, and sits on a prime 50 x 150 corner lot just a few blocks from beloved Tietze Park and Pool in the heart of Lakewood Heights. Offering 1,718 square feet, the property presents an exceptional opportunity in one of East Dallas' most sought-after neighborhoods. Whether you envision freshening it up and leasing both units, remodeling to reflect your own personal style, expanding or converting it into a single-family residence, or building a custom home, this property offers outstanding flexibility to bring your vision to life, subject to buyer verification and applicable city requirements. Enjoy the charm of mature trees, an unbeatable location near White Rock Lake, Lakewood shopping and dining, and Greenville Avenue, all while living on one of East Dallas' most desirable streets. A brand new survey is available, making it easy to begin planning your next project. This is an exceptional opportunity to invest in the lifestyle, location, and long-term potential that Lakeshore Drive has to offer.
#21336037

Dallas

6260 Lakeshore Drive

2 Beds

2 Baths

1,718 Sq.Ft.

$830,000

MLS#: 21336037

Prime investment opportunity at 632-634 Melba St, Dallas, TX! This FULL duplex offers excellent rental income potential in the heart of the vibrant Bishop Arts District. Steps from boutique shops, top dining, and lively nightlife, this property is ideal for attracting tenants or owner-occupants. Don't miss out on owning in one of Dallas’ most desirable areas! Schedule your showing today!
#21280696

Dallas

632-634 Melba Street

6 Beds

4 Baths

3,530 Sq.Ft.

$959,000

MLS#: 21280696

Prime redevelopment opportunity in the heart of the Lake Cliff Historic District. This prominent corner lot offers an unrivaled location directly overlooking Lake Cliff Park, making it one of the most desirable footprints in this historic Dallas neighborhood. The property currently features a 12-unit apartment building consisting of 2 two-bedroom units, 5 one-bedroom units, and 5 efficiencies. The upstairs level contains 2 two-bedroom units, 3 one-bedroom units, and 1 efficiency, while the downstairs level includes 2 one-bedroom units and 4 efficiencies. This property is being sold individually and is priced for land value only. Sold strictly AS-IS, this is a rare chance to develop or restore a significant piece of real estate in a high-demand area with stunning park views and excellent visibility.
#21123146

Dallas

732 Blaylock Drive

None Beds

13 Baths

5,720 Sq.Ft.

$925,000

MLS#: 21123146

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Next Level Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Next Level Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service