UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,160 sqft
Subdivision English Estates, Wimbledon Garden
MLS Listing ID 21274510
Bedrooms 16
Full Baths 8
Half Baths 8
HOA Y/N None
Total Fin. Sqft 4160
Year Built 1984
Lot Size 0.322 Acres
Acres 0.322
Property Sub-Type Quadruplex
Property Description
What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns.
This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you're expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential.
Location
State TX
County Dallas
Direction GPS
Interior
Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Open Floorplan, Pantry
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Brick, Wood Burning
Appliance Dishwasher, Electric Range, Gas Water Heater, Convection Oven, Refrigerator
Heat Source Central
Exterior
Exterior Feature Private Yard
Fence Back Yard, Fenced, Wood
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Roof Type Composition
Accessibility Accessible Bath - Full
Garage No
Building
Lot Description Subdivision
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding
Schools
Elementary Schools Choice Of School
Middle Schools Choice Of School
High Schools Choice Of School
School District Garland Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21274510
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.