3209 Norwalk Ave

Dallas, TX 75220
  • $879,000

    Price
  • 8

    Bed
  • 8

    Bath
  • 5,136

    SqFt

About the Listing SS01C - 0676160

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.

Listing Highlights

Status Active
Days on Site 44
Property Type Multi-Family
MLS ® 21227705
Year Built 1982
Total Square Footage 5,136
Lot/Acreage 0.18
County Dallas
Neighborhood Marshall Ter Add
School District Dallas ISD
Elementary School Foster
Middle School Cary
High School Jefferson

Interior Details

  • Bedrooms: 8
  • Bathrooms: 8 Full
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Air Cond: Ceiling Fan(s),Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Ceramic Tile,Laminate,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Cable TV Available
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Roof: Composition,Shingle
  • Others: Preowned
  • Sewer:
  • Parking Features: Parking Lot,Paved

Financial Details

  • Tax Amount: $18,054
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00000431632000000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

3209 Norwalk Ave Dallas, TX 75220

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