307 W 4th St - Apartments FOR SALE


Irving, TX 75060
$1,050,000 USD
214-960-1565
307 W 4th St, Irving, TX for Sale
$1,050,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

307 W 4th St
Irving, TX 75060


HIGHLIGHTS

  • Great location

OVERVIEW

307 W 4th St is a renovated, plug-and-play 8-unit multifamily in a fast-rising pocket of DFW. Steps from the Irving Heritage Crossing redevelopment (new shops—including Starbucks—and neighborhood amenities), the property is positioned for strong in-place income with meaningful upside through short-term or mid-term rental strategies. Recent improvements include New Roofs, Electrical system, mini split AV units, water heaters, and gravel driveway. Refreshed interiors with LVP flooring, updated kitchens & baths, and 4/8 units with combined washer dryers. These improvement significantly reduces near-term CapEx requirements and simplifies management. Operate traditionally for steady cash flow, or boost NOI through short term/mid term rentals capitalizing on strong demand driven by proximity to transit, dining, and DFW employment corridors Highlights 8 units - 1 Bed 1 Bath Heavy renovation = turnkey operations & lower CapEx Steps to Irving Heritage Crossing redevelopment (incl. Starbucks) Ideal for Short Term/Mid Term rental conversion to increase revenue Central DFW location near transit, employers, and airport

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

8

PRICE/UNIT

$131,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,179 SF

ZONING

RMF2

APN/PARCEL ID

32521650510020000

ASK ABOUT THIS PROPERTY

Anthony VitnellVitnell ManagementMore Info
214-960-1565

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Anthony VitnellVitnell ManagementMore Info
214-960-1565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.