3209 Norwalk Avenue

Dallas, TX 75220

$875,000
Price
8
Beds
8
Baths
2,568 Sq. Ft.
$341 / Sq. Ft.
2,568
Sq. Ft.
$341
per Sq. Ft.

Description

Value add opportunity! Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials,...Value add opportunity! Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.
  1. Listed by Harrison Sharp • TREC #0735232 • BK Real Estate LLC
  2. Listed by Brittney Kosev • TREC #0709206 • BK Real Estate LLC

Property Details for 3209 Norwalk Avenue

Subdivision Name
Marshall Terrace
Pool
No
Number Of Parking Spaces
8

Location

Listing Courtesy of BK Real Estate LLC, Harrison Sharp; BK Real Estate LLC, Brittney Kosev
Add your commute
LISTING UPDATED: 04/15/2024 10:16 AM

Property Details for 3209 Norwalk Avenue

StatusActive
MLS #20434816
Days on Market220
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1982
Lot Size0.18 AC / 7,927 SF
CountyDallas County

Location

Listing Courtesy of BK Real Estate LLC, Harrison Sharp; BK Real Estate LLC, Brittney Kosev
Add your commute

Building Information for 3209 Norwalk Avenue

Stories2Residences8Year Built1982Building Size-Lot Size0.18 AC / 7,927 SF

Payment Calculator

$5,919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,144

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3209 Norwalk Avenue

Summary
Location and General Information
  • Block: D5775
  • Complex Name: TBD
  • Directions: GPS.
  • Elementary School: Foster
  • Elementary School Name: Foster
  • High School: Jefferson
  • High School Name: Jefferson
  • Middle School: Cary
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.86
  • Longitude: -96.87
  • State: Texas
Parking
  • Parking Features: Assigned, Common
Taxes and HOA Information
  • Tax Legal Description: MARSHALL TERRACE BLK D/5775 LT 29
  • Association Type: None
  • Tax Lot: 29
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Other
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 8
  • Levels: Two
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: Address
Lot Information
  • Lot Size Acres: 0.182
  • Lot Size Area: 0.182
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7927.92
  • Multi Parcel ID: No
  • Parcel Number: 00000431632000000
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: 0.0
  • Average Lease Amount: $.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Number Of Baths Full: 0
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 0

Property History for 3209 Norwalk Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3209 Norwalk Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$13,726 ($1,144 / month)
Home Facts
Total Finished SqFt5,136 SqFtAbove Grade Finished SqFt5,136 SqFtStories2Lot Size7,920 SqFtStyleMiscellaneous CommercialYear Built1982ZoningZ164CountyDALLASAPN00000431632000000Fireplace TypeHas Fireplace

Schools near 3209 Norwalk Avenue

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Stephen C Foster Elementary School
PublicPK to 6

Francisco Medrano Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Sudie L Williams Elementary School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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3209 Norwalk Avenue is a multi-family home for sale in Dallas, TX 75220. This property was listed for sale on September 19, 2023 by BK Real Estate LLC, it's currently listed at $875,000. It has been on the market for a total of 220 days and was last sold on September 8, 2015. This listing's school district is Dallas Independent School District. Nearby schools include Stephen C Foster Elementary School, Francisco Medrano Middle School and Thomas Jefferson High School. 3209 Norwalk Avenue is a 8-bed, 8-bath, 2,568 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BK Real Estate LLC, Harrison Sharp; BK Real Estate LLC, Brittney Kosev

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. 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 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/15/2024 10:16 AM