3209 Norwalk Avenue, Dallas, TX 75220
Local realty services provided by:CENTURY 21 Alliance Properties
Listed by: porfirio segovia
Office: lion drive realty
MLS#:21227705
Source:GDAR
Price summary
- Price:$825,000
- Price per sq. ft.:$160.63
About this home
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....
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Home facts
- Year built:1982
- Subdivision & Development:Marshall Ter Add
- Listing ID #:21227705
- Added:209 day(s) ago
- Updated:October 29, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Ceramic Tile, Laminate, Vinyl
- Kitchen Description:Electric Oven, Electric Range, Microwave, Refrigerator
- Living area:5,136 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:5,136 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Brick, Frame, Wood Siding
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Jefferson
- Middle school:Cary
- Elementary school:Foster
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$160.63
- Tax amount:$18,054
Features and amenities
- Appliances:Electric Oven, Electric Range, Microwave, Refrigerator
Parking
- Total parking spaces:12
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