1 / 1122-Unit Multifamily in Dallas, TX
TX · listed May 5, 2026 (176 days)
- $/unit
- $84,091
- ▼ 16% vs TX · 36th pct
- Cap rate
- —
- NOI
- $317K
- $14,427/unit/yr
- Units
- 22
- 22 bldg · 1986
Financials
- Asking price
- $1,850,000
- Price per unit
- $84,091
- Price per sq ft
- $77
- Gross rent / year
- $317,400
- Net operating income
- $317,400
- NOI per unit
- $14,427
- Cap rate
- Not stated
- Gross yield
- 17.2%gross rent ÷ price
- Occupancy
- 90%
As stated by the seller. Verify during due diligence.
Building
- Units
- 22
- Unit mix
- Not stated
- Buildings
- 22
- Year built
- 1986
- Building size
- 24,107 sq ft
- Avg unit size
- 1,096 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- May 5, 2026
- Days on market
- 176 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2149
About this property
This is 22 condo units for sale all by the same owner. Each condo features 2 bedrooms with most units having 1.5 bath and some units have 2.5 baths. All the bedrooms are upstairs. Each unit has a fenced back porch with a storage closet. Each unit has 2 designated parking spots. The HOA dues include water, sewer, trash, and insurance for each unit, maintenance of grounds, maintenance of structure, and management fees. The owner will consider selling units in smaller groups with the minimum amount being 3 units. Owner Financing is available with 20% down at an 8% interest rate. Taxes will be the responsibility of the purchaser. Showings have to be scheduled with the owner and listing agent in advance.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
TXNewValue-add | $1.5M | $250K$250K | — |
Dallas, TXStabilized | $2.45M | $223K$223K | 9.9%gy |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX New construction | $1.3M | $65K$65K | — |

