Dallas TX Multi Family for Sale
$199,000
1520 Glen Avenue Dallas, TX 75216
- Type:
- Duplex
- Sq.Ft.:
- 1,272
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.27 Acres
- Year built:
- 1948
- Baths:
- 2.00
- MLS#:
- 20801837
- Subdivision:
- Cedar Crest
View additional info
Courtesy: Epique Realty LLC
ADDITIONAL INFORMATION
This unique single-family home has been divided into a profitable income-producing duplex, offering an exceptional investment opportunity. Each unit features 1 bedroom, 1 bathroom, a kitchen, and a cozy living room area, providing comfortable and functional spaces for tenants. Both units come equipped with washer and dryer connections, and the bathrooms have been recently remodeled within the past year, ensuring modern convenience and appeal. Currently, combined rental is $2,400 per month in rental income, with tenants on a month-to-month basis. The existing tenants plan to vacate upon the sale of the property, but they are open to staying if the current rental agreement is maintained. This opens the door to either seamless cash flow continuation or the opportunity to attract new tenants at increased rental rates, further enhancing your return on investment. Whether youâ??re looking to expand your rental portfolio or seeking a property with incredible earning potential, this duplex is a must-see. Donâ??t miss out on this versatile and profitable real estate gem!
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Dallas Real Estate
The median home value in Dallas, TX is $295,100. This is lower than the county median home value of $302,600. The national median home value is $338,100. The average price of homes sold in Dallas, TX is $295,100. Approximately 37.21% of Dallas homes are owned, compared to 52.6% rented, while 10.19% are vacant. Dallas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dallas real estate agent to arrange a tour today!
Dallas, Texas 75216 has a population of 1,300,239. Dallas 75216 is less family-centric than the surrounding county with 26.26% of the households containing married families with children. The county average for households married with children is 32.82%.
The median household income in Dallas, Texas 75216 is $58,231. The median household income for the surrounding county is $65,011 compared to the national median of $69,021. The median age of people living in Dallas 75216 is 33.1 years.
Dallas Weather
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 35.5 degrees. The average rainfall is approximately 39.1 inches per year, with 1.2 inches of snow per year.