4512 Swiss Avenue, Dallas, TX 75204
Local realty services provided by:CENTURY 21 Elite
Listed by: casi fricks
Office: redfin corporation
MLS#:21305069
Source:GDAR
Price summary
- Price:$1,190,000
- Price per sq. ft.:$283.33
About this home
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....
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Home facts
- Year built:1933
- Listing ID #:21305069
- Added:4 day(s) ago
- Updated:June 22, 2026 at 11:53 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Kitchen Description:Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
- Living area:4,200 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1933
- Building area:4,200 sq. ft.
- Lot area:0.28 Acres
- Construction Materials:Brick, Frame, Wood Siding
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:North Dallas
- Middle school:Spence
- Elementary school:Zaragoza
Finances and disclosures
- Price:$1,190,000
- Price per sq. ft.:$283.33
- Tax amount:$18,026
Features and amenities
- Appliances:Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
Parking
- Total parking spaces:6
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