$1,595,000

Property Description

Located in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block-totaling over 50,000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550-$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket. *This is being sold AS-IS *Properties cannot be torn down, they are contributing to the neighborhood *Renovation-Redevelopment available that contributes to neighborhood

Property Facts & Features

Property Type

Multi Family

Status

Closed

Listed

Apr 13, 2026

Sold

Sep 10, 2026

Price per Sq Ft

$99/sqft

ZIP Code

75214

Location

Lat 32.79925 · Lng -96.76072