4512 Swiss Avenue, Dallas, TX 75204
4512 Swiss Avenue, Dallas, TX 75204
4512 Swiss Avenue, Dallas, TX 75204
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$1,190,000
Est. payment /mo
4 Beds
4 Baths
0.28 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Ac Ardreys

MLS Listing ID 21305069

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 4200

Year Built 1933

Annual Tax Amount $18,026

Lot Size 0.284 Acres

Acres 0.284

Property Sub-Type Quadruplex

Property Description

Located in the A.C. Ardreys area of Dallas Texas in Dallas County, this fully leased fourplex investment property offers approximately 4,200 square feet across four 1 bedroom, 1 bathroom units near Downtown Dallas, Deep Ellum, Baylor University Medical Center & US-75. The location provides convenient access to major employment centers, public transportation, dining, entertainment & urban amenities throughout central Dallas. Investors seeking multifamily properties in Dallas Texas with immediate cash flow may appreciate the property's 100% occupancy, established rental history & value-add potential through future rent adjustments. Each unit offers approximately 950 square feet, providing larger-than-average floor plans for the area that support tenant demand & retention. Extensive improvements include foundation stabilization with approximately 30 piers installed, beam replacement, renovated kitchens & updated bathrooms throughout all units. Interior features include granite countertops, natural woodwork, open floor plans, walk-in closets, gas ranges, gas ovens, dishwashers, disposals & microwaves. Additional improvements include a renovated & landscaped backyard that creates an inviting shared outdoor space for residents. Property financials include approximately $83,100 gross annual income, $73,100 net income & a reported 6.14% cap rate. The property is served by Zaragoza Elementary, Spence Middle School & North Dallas High School within Dallas ISD. This property offers a strong combination of immediate income, updated systems & positioning within the Dallas Texas multifamily investment market.

Location

State TX

County Dallas

Direction Swiss Avenue area of Dallas TX near Downtown Dallas, Deep Ellum, Baylor Medical District & US-75 with access to employment, dining & entertainment. From US-75, exit Lemmon Ave & head east. Continue onto Haskell Ave, then turn left on Swiss Ave. Property on right.

Interior

Interior Features Cable TV Available, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, Natural Woodwork, Open Floorplan, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Tile, Wood

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Convection Oven

Heat Source Central, Natural Gas

Exterior

Utilities Available City Sewer, City Water, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities

Roof Type Composition

Garage No

Building

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Brick,Frame,Wood

Schools

Elementary Schools Zaragoza

Middle Schools Spence

High Schools North Dallas

School District Dallas Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Casi Fricks • Redfin Corporation

Nearby School & Business

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Scott Griffis

Scott Griffis

+1(214) 307-2526

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