Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    8

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Brick, Frame

  • Parking

    Parking Lot, Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.182

  • Lot Size(square feet)

    7,927

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $825,000

  • Tax Amount

    $18,054

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    5,136

  • Price/SqFt

    $160

HOA

  • Association

    No

School District

  • Elementary School

    Foster

  • Middle School

    Cary

  • High School

    Jefferson

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    29

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Foster

Middle School

Cary

High School

Jefferson

Listing Courtesy of Porfirio Segovia, Lion Drive Realty

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This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

3209 Norwalk Avenue

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