Address
407 N Justin Avenue # 2, Dallas, TX
Price
$ 445,000
Property Attributes
  • MLS#20595812
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • NeighborhoodArcadia Park
  • Zip75211
  • StyleQuadruplex
  • Year Built1951
  • Taxes$ 5639
  • Price$ 445,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size8,756 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Great Investor Opportunity in Dallas! Features FOUR leased 1 Bedroom - 1 Bath units with separate electrical meters. The Water is split between all tenants. Original hardwood floors. Large lot with storage sheds. Cash flow is $3,700 a month with month-to-month tenants. Assigned parking. Only one unit will be shown until under contract.

Elementary School
Arcadiapar Elementary School
Price History
4/26/2024 Listed $445,000

General Features

Heating Central,Electric
Complex Name O
Cooling Central Air,Electric
Utilities City Sewer,City Water
Possession Closing/Funding
Roof Composition
Appliances Disposal,Electric Oven
School District Dallas ISD
Capitalization Rate 9.98
Year Built 1951
Tenancy Month to Month
Levels Two
Unexempt Taxes 5639
Will Subdivide No
Gross Annual Expenses 0.00
Unit Number 2
Property SubType Quadruplex
Subdivision Name Arcadia Park
Occupant Type Tenant
County Dallas
Property Type Residential Income
Construction Materials Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Please use GPS
City Dallas
Buyer Agent Compensation 3.0
Elementary School Name Arcadiapar
High School Sunset
Street Name Justin
Elementary School Arcadiapar
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20595812
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,High Speed Internet Available
Flooring Wood
Occupancy Rate 100
Total Units 4
Unit Count 4
Full Baths 4
Lock Box Type None
Street Suffix Avenue
Total Bedrooms 4

Exterior Features

Exterior Features Storage
Lot Features Interior Lot
Fencing Chain Link,Wood
Lot Size Source Assessor
Parking Features Assigned,Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.2010
Number Of Parking Spaces 8
Lot Size Units Acres
Building Area Total 2280.00
Lot Size Square Feet 8755.5600
Lot Size Acres 0.2010

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75211

Price
AVG $490K
$450K
Taxes
AVG $3,994
$5,639
Visits
AVG 128
64
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1951