$650,000
UNDER CONTRACT

Estimated payment $4,240/month

Total Views 5,562
4 Beds
4 Baths
4,220 Sq Ft
$154 Price per Sq Ft

Highlights

  • Wood Flooring
  • Park
  • Central Heating and Cooling System
  • Tennis Courts
  • Landscaped
  • 5-minute walk to Buckner Park

About This Home

Grand 4-plex in the historic district of Peaks Addition with tons of upside potential upon future cosmetic updates. The floorplans for each unit are super efficient and mirror each other with 1 bedroom and 1 bathroom. The den and kitchen are sizable making for a comfortable respite away from the busy city life. Large windows throughout each unit invites lots of natural light. The two lower units boast cute front porches for relaxing and watching the world go by. Carport on-site provides covered parking for 4 vehicles. Three of the units are on a 6-month lease and one unit is month-to-month which is ideal for investors who want to upgrade the property to maximize rent potential. The month-to-month unit is the downstairs unit on the right and is ideal for a buyer who would like to live on-site and use the rent from the other three units to off-set the mortgage. Only 1 unit can be shown prior to executed contract. Remaining units are in similar condition and can be shown once executed contract in place. Do not disturb or take pictures of tenants. Peaks Addition is one of Dallas' first established neighborhoods and offers wonderful architecture throughout. There is currently lots of development all around the area which will no doubt bolster values over time making this 4-plex a stellar investment. Vacant lot next door at 4812 Junius also for sale under separate MLS# 20949991 and can be purchased together or separately with the 4-plex.

Listing Agent

Paul Sanders

Compass RE Texas, LLC Brokerage Phone: 817-366-8331 License #0660412 Listed on: 06/10/2025

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,050 Sq Ft Lot
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Carport Spaces
  • On-Street Parking
  • Parking Lot

Schools

  • Zaragoza Elementary School
  • North Dallas High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 794
  • Assessor Parcel Number 00000125323000000

Community Details

Overview

  • 4 Units
  • 4,220 Sq Ft Building
  • Tj Rodgers Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Building Details

  • Gross Income $58,500
  • Net Operating Income $18,872

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 817-366-8331
  • CapRate: 2.9
  • Co List Office Mls Id: CMPS05
  • Special Features: 4224
  • Year Built: 1924

Interior Features

  • Interior Amenities: Cable TV
  • Flooring: Wood
  • Appliances: Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Playground, Park, Sidewalks, Tennis Court(s), Trails/Paths
  • Fencing: Gate, Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 4.0
  • Total Covered Spaces: 4.0
  • Parking Features: Carport, On Site, Parking Lot, On Street
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Zaragoza
  • High School: North Dallas
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Features: Landscaped, Few Trees
  • Lot Size Units: Square Feet
  • Lot Size Area: 7050.0
  • Lot Size: 48ftx140ft
  • Parcel Number: 00000125323000000
  • Lot Size Acres: 0.1618
  • Lot Size Sq Ft: 7050.0

Building Info

  • Year Built: 1924
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 4087.0
  • Annual Gross Income: 58500.0
  • Property Net Operating Income: 18872.0

Tax Info

  • TaxBlock: 794
  • Tax Lot: 13

MLS Schools

  • MiddleOrJuniorSchool: Spence

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $650,000 -- $154 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20942324

North Texas Real Estate Information Systems (NTREIS)

APN: 00-00012-532-300-00-00