East Dallas - Full City Block Multi-Family FOR SALE


Dallas, TX - Old East Dallas
$1,595,000 USD
214-528-9250
, Dallas, TX for Sale
$1,595,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

East Dallas - Full City Block
Dallas, TX
Old East Dallas


HIGHLIGHTS

  • Scale & Location: Full-block assemblage in a premier historic district (50,397 sqft of Land)
  • In-Place Cash Flow: Stabilized rooming house operations with management onsite
  • Value-Add Potential: Increase rents and optimize current rooming house operations
  • Repositioning Opportunity: Convert to traditional long-term multifamily or residential use
  • Redevelopment Upside: Redevelop and sell individually (two single-family homes + two multifamily buildings)

OVERVIEW

Located in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block—totaling over 50,000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550–$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket.

ASK ABOUT THIS PROPERTY

Matthew CassidyPerry Guest CompanyMore Info
214-528-9250

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

Matthew CassidyPerry Guest CompanyMore Info
214-528-9250

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