Value-add
$1,400,000
18-Unit Multifamily in Dallas, TX
Dallas County, TX · listed Aug 20, 2026 (69 days)
Price per unit compared
This property$78K
Within ~40 mi (141)$133K
Texas median (1,196)$92K
- $/unit
- $77,778
- ▼ 16% vs TX · 37th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 18
- 2 bldg · 1927
Financials
- Asking price
- $1,400,000
- Price per unit
- $77,778
- Price per sq ft
- $111
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 18
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 1927
- Building size
- 12,630 sq ft
- Avg unit size
- 702 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 20, 2026
- Days on market
- 69 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2052
About this property
Opportunity Zone Value-Add in Dallas' Hottest Urban Neighborhood
Highlights
- Opportunity Zone Asset — The property sits within a confirmed Qualified Opportunity Zone, allowing an investor who invests capital gains through a Qualified Opportunity Fund to defer the original gain, earn a 10% basis step-up after a five-year hold, and — most powerfully — take permanent exclusion from taxable income of the appreciation on the investment if held at least 10 years.
- Appreciating Infill Submarket — The asset sits in one of Dallas’s most sought-after urban corridors, where home prices are projected to rise 3.5 to 5 percent through 2026, with the strongest gains in Lakewood, the Bishop Arts District and the northern-suburb prime tier.
- Walkable, Amenity-Rich Neighborhood Drives Tenant Demand — Renters are drawn to a 49-square-block pocket of North Oak Cliff packed with more than 60 independently owned shops, restaurants, bars, and galleries, widely regarded as Dallas’ most walkable neighborhood-as-destination.
- Structural Demand Floor + Improving Supply Picture — The metro added roughly 175,000 residents in 2024 — the largest net gain among US large metros — supported by expanding Toyota, JPMorgan Chase, Goldman Sachs and McKesson footprints.
- ±2.6 Miles from DT Dallas — Prime Dallas location benefiting from strong home price appreciation and continued growth in Bishop Arts/Oak Cliff.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Dallas, TX▼ 7% cutStabilized | $2.55M | $510K$510K | 6.3% |
 Dallas, TXOwner financingHigh yieldValue-add | $1.45M | $91K$91K | 7.1% |
 Dallas, TXValue-add | $1M | $48K$48K | — |
 Dallas, TXStabilized | $750K | $150K$150K | — |
 Dallas, TX▼ 10% cutHigh yieldValue-add | $895K | $112K$112K | 7.5% |
 Dallas, TXValue-add | $450K | $75K$75K | 11.7%gy |