Next Level Realty

5108 Manett Street

Dallas, TX 75206

MLS#: 21401696

$785,000

Status: Active
Listing number: 21401696
Listing provided by: Allie Beth Allman & Assoc.
Listing agent phone: None
Last update: N/A
New on site 2 days ago
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Bon View Place - Residential Income

Property

Beds

6

Full Baths

4

1/2 Baths

None

Year Built

1950

Sq.Footage

3,102

Prime multi-family investment and high-yield redevelopment opportunity in sought-after Vickery Place, just steps from Lower Greenville and Henderson Avenue. Situated on a 50 x 200 lot (10,000 SF) zoned MF-2(A), offering versatile options: hold for immediate rental income, renovate for premium value-add cash flow, or redevelop (preliminary design studies suggest a 7-unit townhome yield).The property consists of two detached structures totaling 3,102 SF:• Front Single-Story Duplex (5108 & 5110 Manett): 831 SF each, 1 Bed + 1 Bath layouts.• Rear Two-Story Duplex (5108 half & 5110 half Manett): 720 SF each, flexible 2-room + 1 Bath flats. Gross potential income is $5,600 per month ($67,200 per year) based on historical as-is rates ($1,600 per mo front units; $1,200 per mo rear units). Three units are delivered vacant for immediate renovation, re-leasing, or project commencement. Rear lower unit (5108 half) is occupied month-to-month. Property conveys strictly As-Is. Architectural floor plans, site plans, and survey available upon request.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Electric, Space Heater

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Wood Siding, Brick, Concrete, Frame

  • Other Exterior Features

    Balcony

  • Parking

    Concrete, Driveway, No Garage, Off Street, Tandem

  • Patio and Porch Features

    Covered, Deck, Rear Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot, Many Trees, Subdivided

  • Lot Size(acres)

    0.23

  • Lot Size(square feet)

    10,018

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $785,000

  • Tax Amount

    $15,097

  • Sq. Footage

    3,102

  • Price/SqFt

    $253

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Geneva Heights

  • Middle School

    Long

  • High School

    Woodrow Wilson

Property Features

  • Foundation Details

    Block, Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7 & 8

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Geneva Heights

Middle School

Long

High School

Woodrow Wilson

Listing Courtesy of Miguel Ramirez, Allie Beth Allman & Assoc.

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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Prime multi-family investment and high-yield redevelopment opportunity in sought-after Vickery Place, just steps from Lower Greenville and Henderson Avenue. Situated on a 50 x 200 lot (10,000 SF) zoned MF-2(A), offering versatile options: hold for immediate rental income, renovate for premium value-add cash flow, or redevelop (preliminary design studies suggest a 7-unit townhome yield).The property consists of two detached structures totaling 3,102 SF:• Front Single-Story Duplex (5108 & 5110 Manett): 831 SF each, 1 Bed + 1 Bath layouts.• Rear Two-Story Duplex (5108 half & 5110 half Manett): 720 SF each, flexible 2-room + 1 Bath flats. Gross potential income is $5,600 per month ($67,200 per year) based on historical as-is rates ($1,600 per mo front units; $1,200 per mo rear units). Three units are delivered vacant for immediate renovation, re-leasing, or project commencement. Rear lower unit (5108 half) is occupied month-to-month. Property conveys strictly As-Is. Architectural floor plans, site plans, and survey available upon request.

5108 Manett Street

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