Listing
$825,000
3209 No••••• Ave (Sign up for 50 free credits to unlock)Dallas, TX 75220
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.
Property Facts & Features
- Property Type
- Apartment
- Status
- Active
- Listed
- Apr 1, 2026
- Price per Sq Ft
- $161/sqft
- ZIP Code
- 75220
- Full Baths
- 8
- Stories
- 2
- Parking
- Paved, ParkingLot
- Heating
- Central
- Cooling
- CentralAir, CeilingFans
- Construction
- Brick, Frame, WoodSiding
- Property Tax (2025)
- $18,054/yr
- Assessed Value
- $810,800
- Neighborhood
- Bachman-Northwest Highway
- County
- Dallas
- School District
- Dallas Independent School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 8
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Land Info
- Lot Size Acres: 0.182
- Lot Size Square Feet: 7928
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
- NaturalGasAvailable
- SewerAvailable
- WaterAvailable
- CableAvailable
- Water Source: Public
Appliances
- ElectricOven
- ElectricRange
- Microwave
- Refrigerator
Commercial Info
- Operating Expense Includes: Gardener, Insurance, Maintenance, ProfessionalManagement, Trash, NewTax, Utilities, WaterSewer
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 8
Interior Features
- CableTv
- Flooring: CeramicTile, Laminate, Vinyl
Garage and Parking
- Parking Features: Paved, ParkingLot
- Parking Total: 12
School Information
- Elementary School: Foster
- High School: Jefferson
- Middle School: Cary
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Other Property Info
- Tax Block: D/577
- Source Listing Status: Active
- County: Dallas
- Directions: GPS
- Source Neighborhood: Marshall Ter Add
- Parcel Number: 00000431632000000
- Postal City: DALLAS
- Subdivision: Marshall Ter Add
- Property Subtype: Apartment
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Year Built: 1982
- Building Area Source: Assessor
- Building Area Total: 5136
- Construction Materials: Brick, Frame, WoodSiding
- Foundation Details: Slab
- Levels: Two
- Property Age: 44
- Property Condition: Resale
- Roof: Composition, Shingle
- Levels or Stories: 2
- Year Built Details: Preowned
Amenities and Community Features
- Community Features: CommunityMailbox
Location
Lat 32.86188 · Lng -96.86781