Next Level Realty

4927 Bryan Street

Dallas, TX 75206

MLS#: 21433764

$2,380,000

Status: Active
Listing number: 21433764
Listing provided by: Perry Guest Company
Listing agent phone: None
Last update: N/A
New on site 2 days ago
Browse Properties
College Hill - Residential Income

Property

Beds

20

Full Baths

20

1/2 Baths

None

Year Built

1938

Sq.Footage

6,880

Located on a corner lot in the heart of East Dallas, 4927 & 4931 Bryan offers investors a two-building, 20-unit apartment portfolio with existing rental income, renovation upside, and long-term redevelopment potential.? All residences feature one-bedroom, one-bathroom layouts, with convenient access to the dining, shopping, and entertainment destinations of Lower Greenville, Henderson Avenue, and the Knox District.? 4927 Bryan has been remodeled, with individual HVAC condenser units and in-unit washer-dryers throughout.? At 4931 Bryan, two units feature individual HVAC condensers and washer-dryers, while the remaining units use window air conditioning—providing a clear opportunity to pursue higher rents through similar upgrades and interior renovations.? The renovated building allows buyers to maintain rental income while completing improvements at the second property.? The combined corner site also offers potential for redevelopment into a new apartment community of 18 or more units, subject to applicable city approvals.? Buyers have multiple paths to creating value: operate the existing portfolio, complete the remaining renovations to grow net operating income, or pursue future redevelopment in an established East Dallas neighborhood.?

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Eat-in Kitchen, High Speed Internet

  • Total Bedrooms

    20

  • Bathrooms

    20

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Additional Parking, Assigned, Off Street, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.2009

  • Lot Size(square feet)

    8,750

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,380,000

  • Sq. Footage

    6,880

  • Price/SqFt

    $345

HOA

  • Association

    No

School District

  • Elementary School

    Bonham

  • Middle School

    Spence

  • High School

    North Dallas

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Bonham

Middle School

Spence

High School

North Dallas

Listing Courtesy of Matthew Cassidy, Perry Guest Company

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

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Located on a corner lot in the heart of East Dallas, 4927 & 4931 Bryan offers investors a two-building, 20-unit apartment portfolio with existing rental income, renovation upside, and long-term redevelopment potential.? All residences feature one-bedroom, one-bathroom layouts, with convenient access to the dining, shopping, and entertainment destinations of Lower Greenville, Henderson Avenue, and the Knox District.? 4927 Bryan has been remodeled, with individual HVAC condenser units and in-unit washer-dryers throughout.? At 4931 Bryan, two units feature individual HVAC condensers and washer-dryers, while the remaining units use window air conditioning—providing a clear opportunity to pursue higher rents through similar upgrades and interior renovations.? The renovated building allows buyers to maintain rental income while completing improvements at the second property.? The combined corner site also offers potential for redevelopment into a new apartment community of 18 or more units, subject to applicable city approvals.? Buyers have multiple paths to creating value: operate the existing portfolio, complete the remaining renovations to grow net operating income, or pursue future redevelopment in an established East Dallas neighborhood.?

4927 Bryan Street

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