1 / 24Value-add
$450,000
6-Unit Multifamily in Dallas, TX
TX · listed Jun 30, 2026 (120 days)
Price per unit compared
This property$75K
Within ~40 mi (137)$140K
Texas median (1,029)$100K
- $/unit
- $75,000
- ▼ 25% vs TX · 28th pct
- Cap rate
- —
- NOI
- $28K
- $4,644/unit/yr
- Units
- 6
- 1 bldg · 1964
Financials
- Asking price
- $450,000
- Price per unit
- $75,000
- Price per sq ft
- $226
- Gross rent / year
- $52,519
- Net operating income
- $27,863
- NOI per unit
- $4,644
- Cap rate
- Not stated
- Gross yield
- 11.7%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 1964
- Building size
- 1,989 sq ft
- Avg unit size
- 332 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 30, 2026
- Days on market
- 120 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1857
About this property
Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!
Multi-family
Location
Approximate area. The exact address is shared on request.
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