3940 Portland St

Irving, TX 75038

$780,000
Price
8
Beds
—
Baths
3,748 Sq. Ft.
$208 / Sq. Ft.
3,748
Sq. Ft.
$208
per Sq. Ft.
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New
New

Description

Income-producing fourplex in Irving ISD with 100% occupancy and strong lease stability.  This property offers a practical investment opportunity with all four units currently leased and generating immediate cash flow. Two units are leased at $1,600 and two are leased at $1,500, with a mix of annual and 2-year lease terms already in place, giving the next owner potential dependable income and tenant retention. Each unit includes two parking spaces, one covered and one uncovered, adding convenience...Income-producing fourplex in Irving ISD with 100% occupancy and strong lease stability.  This property offers a practical investment opportunity with all four units currently leased and generating immediate cash flow. Two units are leased at $1,600 and two are leased at $1,500, with a mix of annual and 2-year lease terms already in place, giving the next owner  potential dependable income and tenant retention. Each unit includes two parking spaces, one covered and one uncovered, adding convenience and value for residents.
  1. Listed by Rachel Calderon • TREC #0719663 • Better Homes & Gardens, Winans • 972-774-9888

Property Details for 3940 Portland Street

Subdivision Name
Northwest Park 09thinstallment S
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4
LISTING UPDATED: 06/17/2026 07:10 AM

Property Details for 3940 Portland Street

StatusActive
MLS #21302190
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1979
Lot Size0.27 AC / 11,717 SF
CountyDallas County
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Location

Listing Courtesy of Better Homes & Gardens, Winans, Rachel Calderon
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Building Information for 3940 Portland Street

Stories1Residences4Year Built1979Building Size-Lot Size0.27 AC / 11,717 SF

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$4,305 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,887

Property Taxes

$418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3940 Portland Street

Summary
Location and General Information
  • Block: 2
  • Complex Name: None
  • Directions: Go east at Northgate and 161 and take L on Esters, R on Portland, Unit on L
  • Elementary School: Townley
  • Elementary School Name: Townley
  • High School: Macarthur
  • High School Name: Macarthur
  • Middle School: Travis
  • Year Built Details: Preowned
  • School District: Irving ISD
  • Geocode Confidence: High
  • Latitude: 32.86
  • Longitude: -97.01
  • State: Texas
Parking
  • Parking Features: Additional Parking, Attached Carport, Covered, Off Street, On Site
  • Carport Spaces: 4
  • Attached Garage: No
  • Parking Spaces Covered Total: 4
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: NORTHWEST PARK 9TH INST SEC 1 LT 3 BLK 2 3940
  • Association Type: None
  • Tax Lot: 3
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 4
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.269
  • Lot Size Area: 0.269
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11717.64
  • Multi Parcel ID: No
  • Parcel Number: 32359700020030000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 937.0
  • Average Lease Amount: $1,550.00
  • Dining Area Length: 8.0
  • Dining Area Width: 10.0
  • Kitchen Length: 9.0
  • Kitchen Width: 7.0
  • Living Area Length: 15.0
  • Living Area Width: 12.0
  • Master Bed Length: 13.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4

Property History for 3940 Portland Street

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Listed (Active)

NTREIS #21302190

$780,000—
Jul 25, 2025

Sold

NTREIS #20867475

—
Jul 20, 2025

Pending

NTREIS #20867475

—
DateEvent & SourcePrice
06/16/2026

Listed (Active)

NTREIS #21302190

$780,000
07/25/2025

Sold

NTREIS #20867475

—
07/20/2025

Pending

NTREIS #20867475

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3940 Portland Street

Taxable ValueLand$110,000Additions$337,000Total$447,000
Tax Record2025$5,021 ($418 / month)
Home Facts
Baths4Total Finished SqFt3,748 SqFtAbove Grade Finished SqFt3,748 SqFtStories1Lot Size11,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1979ZoningZ83CountyDALLASAPN32359700020030000Fireplace TypeHas Fireplace

Schools near 3940 Portland Street

This home is within Irving Independent School District.
Rating
School
Type
Grades
Distance
Haley T Elementary School
Public - PK to 5
Houston Middle School
Public - 6 to 8
MacArthur High School
Public - 9 to 12
Jack E Singley Academy
Public - 9 to 11
Rating
School
Distance
Haley T Elementary School
PublicPK to 5

Houston Middle School
Public6 to 8

MacArthur High School
Public9 to 12

Jack E Singley Academy
Public9 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3940 Portland Street, Irving, TX 75038

3940 Portland Street is a multi-family home for sale in Irving, TX 75038. This property was listed for sale on June 16, 2026 by Better Homes & Gardens, Winans, it's currently listed at $780,000. It has been on the market for a total of 1 days and was last sold on July 25, 2025. This listing's school district is Irving Independent School District. Nearby schools include Haley T Elementary School, Houston Middle School and MacArthur High School. 3940 Portland Street is a 8-bed, 0-bath, 3,748 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens, Winans, Rachel Calderon

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 06/17/2026 07:10 AM