2718 Cleveland Street, Dallas, TX 75215
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: matteo faeth
Office: dallas property advisors, llc.
MLS#:21169358
Source:GDAR
Price summary
- Price:$995,000
- Price per sq. ft.:$124.38
About this home
2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment.
The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket.
The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI.
With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket....
Contact an agent
Home facts
- Year built:1961
- Listing ID #:21169358
- Added:145 day(s) ago
- Updated:June 29, 2026 at 11:53 AM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Electric Range, Microwave, Refrigerator
- Living area:8,000 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1961
- Building area:8,000 sq. ft.
- Lot area:0.29 Acres
- Lot Features:Interior Lot
- Construction Materials:Stucco
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Madison
- Middle school:Dade
- Elementary school:Dunbar
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$124.38
- Tax amount:$20,674
Features and amenities
- Appliances:Electric Range, Microwave, Refrigerator
Parking
- Total parking spaces:10
New listings near 2718 Cleveland Street
- New
$1,250,000Active0.93 Acres8970 Forney Road, Dallas, TX 75227
MLS# 38339840Listed by: CITY GROUP PROPERTIES - New
$1,780Active2 beds 1 baths901 sq. ft.6225 Saint Moritz Avenue, Dallas, TX 75214
MLS# 21312025Listed by: COLDWELL BANKER REALTY - New
$199,000Active3 beds 2 baths1,318 sq. ft.11410 Park Central Place #C, Dallas, TX 75230
MLS# 21315732Listed by: SUMMIT RESIDENTIAL SERVICES, L - New
$256,999Active3 beds 2 baths1,474 sq. ft.3946 Saddleback Drive, Dallas, TX 75227
MLS# 21315752Listed by: TURNER MANGUM,LLC
$1,035,000Pending4 beds 3 baths3,192 sq. ft.7335 Debbe Drive, Dallas, TX 75252
MLS# 21310150Listed by: WEDGEWOOD HOMES REALTY- TX LLC- New
$229,900Active0.23 Acres3401 Wendelkin Street, Dallas, TX 75215
MLS# 21314418Listed by: RE/MAX DFW ASSOCIATES - New
$680,000Active4 beds 3 baths3,032 sq. ft.1704 Mcbroom Street, Dallas, TX 75212
MLS# 21315139Listed by: MY HOME REAL ESTATE - New
$245,000Active3 beds 2 baths1,112 sq. ft.13206 Blossomheath Lane, Dallas, TX 75240
MLS# 21302058Listed by: UNITED REAL ESTATE - New
$295,000Active3 beds 3 baths1,525 sq. ft.7456 E Northwest Highway #125, Dallas, TX 75231
MLS# 21310574Listed by: NANO REAL ESTATE - New
$869,000Active2 beds 3 baths2,479 sq. ft.6804 Webster Street, Dallas, TX 75209
MLS# 21315434Listed by: AGENCY DALLAS PARK CITIES, LLC