3209 Norwalk Avenue, Dallas, TX 75220
3209 Norwalk Avenue, Dallas, TX 75220
3209 Norwalk Avenue, Dallas, TX 75220
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Scott Griffis

Scott Griffis

+1(214) 307-2526
$879,000
Est. payment /mo
8 Beds
8 Baths
7,927 Sqft Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Marshall Ter Add

MLS Listing ID 21227705

Bedrooms 8

Full Baths 8

HOA Y/N None

Total Fin. Sqft 5136

Year Built 1982

Annual Tax Amount $18,054

Lot Size 7,927 Sqft

Acres 0.182

Property Sub-Type Apartment

Property Description

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city's most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

Location

State TX

County Dallas

Direction GPS

Interior

Interior Features Cable TV Available

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile, Laminate, Vinyl

Appliance Electric Oven, Electric Range, Microwave, Refrigerator

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Community Mailbox, Electricity Available, Master Gas Meter, Master Water Meter

Roof Type Composition,Shingle

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Frame,Siding,Wood

Schools

Elementary Schools Foster

Middle Schools Cary

High Schools Jefferson

School District Dallas Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Porfirio Segovia • Creative Real Estate Solutions LLC.

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Scott Griffis

Scott Griffis

+1(214) 307-2526

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