UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Marine Creek Heights Add
MLS Listing ID 21294834
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4622
Year Built 1985
Annual Tax Amount $12,250
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Quadruplex
Property Description
Excellent opportunity to acquire a well-maintained, income-producing fourplex in a strong rental market. This property is 100% occupied with a solid rental history and has consistently been easy to lease, making it an attractive addition to any investment portfolio.
Each spacious unit features 2 bedrooms and 1.5 bathrooms, with both bedrooms and a full bathroom located upstairs. The first floor offers a functional layout with a large living area, wood-burning fireplace, kitchen, half bath, and full-size washer and dryer connections.
Tenants enjoy private fenced patios and two covered parking spaces per unit, providing features that are highly desirable and help support long-term tenant retention.
Major capital improvements have already been completed, including:
Roof replaced in 2021
Exterior fencing replaced in 2020
Exterior paint completed in 2020
HVAC systems replaced in 2016
The property has been professionally maintained and requires minimal day-to-day oversight. Strong occupancy history, stable cash flow, and proven tenant demand make this an excellent option for both seasoned investors and those looking to expand their rental portfolio.
Location
State TX
County Tarrant
Direction GPS
Interior
Interior Features Cable TV Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Laminate, Luxury Vinyl Plank
Fireplaces Number 4
Fireplaces Type Brick, Wood Burning
Appliance Built-in Refrigerator, Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Heat Source Central, Electric
Exterior
Carport Spaces 8
Utilities Available All Weather Road, City Sewer, City Water
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Concrete,Frame,Siding,Wood
Schools
Elementary Schools Bryson
Middle Schools Wayside
High Schools Boswell
School District Eagle Mt-Saginaw Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21294834
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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.