7
Bishop Arts District Multifamily Homes & Duplexes for Sale
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$1,199,999 New Construction
- 6 Beds
- 6 Baths
- 3,530 Sq Ft
632 Melba St, Dallas, TX 75208
632 Melba St, Dallas, TX 75208
About Bishop Arts District
The Bishop Arts District in southwest Dallas is a vibrant neighborhood known for its diverse dining options, artisan coffee shops, and lively entertainment scene. This trendy area attracts both locals and visitors, especially on weekends, with its array of boutiques, live music venues, and eclectic eateries offering everything from Texas barbecue to Vietnamese pho. Residents enjoy the convenience of having daily essentials within walking distance, including groceries from Fiesta Mart and services at multiple medical centers. The neighborhood's unique character is reflected in its varied home styles, ranging from brightly painted bungalows and restored Craftsman homes to modern new-construction houses and condominiums. Local attractions include The Kessler Theater for live music, the Texas Theatre for cult classics, and DFW M’Antiques for a quirky shopping experience. Outdoor enthusiasts can visit Trammell Crow Park, located 4 miles north, which offers boating, kayaking, and over 6 miles of walking trails with scenic views of the Dallas skyline. The Bishop Arts District also celebrates its historical roots with events like Bastille Day and the Dash for the Beads 5K Race. The neighborhood is well-connected to the rest of Dallas via Interstate 35 and the Dallas Area Rapid Transit system, making commuting and exploring other parts of the city convenient.
Home Trends in Bishop Arts District, TX
On average, homes in Bishop Arts District, Dallas sell after 52 days on the market compared to the national average of 47 days. The average sale price for homes in Bishop Arts District, Dallas over the last 12 months is $453,015, down 7% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$429,500
Median Single Family Price
$379,500
Median Townhouse Price
$624,999
Median 2 Bedroom Price
$487,250
Average Price Per Sq Ft
$284
Number of Homes for Sale
14
Last 12 months Home Sales
32
Months of Supply
5.30
Median List Price
$487,499
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-11%
In Bishop Arts District, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $450,000 to $1,199,999, there's something for every budget. As of April, 2025 the median home price in Bishop Arts District, Dallas is $487,499, while the average sale price is $453,015, providing insight into local market trends. On average, multi-family homes spend 52 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Bishop Arts District, Dallas.
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