3209 Norwalk Avenue, Dallas, TX 75220

Dallas
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
3209 Norwalk Avenue,Dallas, TX 75220
$825,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 5,136 sq. ft.
  • Multi-family
  • Active
Listed by: porfirio segovia
Office: lion drive realty
MLS#:21227705
Source:GDAR

Price summary

  • Price:$825,000
  • Price per sq. ft.:$160.63

About this home

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional...

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Home facts

  • Year built:1982
  • Subdivision & Development:Marshall Ter Add
  • Listing ID #:21227705
  • Added:188 day(s) ago
  • Updated:October 08, 2026 at 12:11 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Ceramic Tile, Laminate, Vinyl
  • Kitchen Description:Electric Oven, Electric Range, Microwave, Refrigerator
  • Living area:5,136 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1982
  • Building area:5,136 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Brick, Frame, Wood Siding
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Jefferson
  • Middle school:Cary
  • Elementary school:Foster

Finances and disclosures

  • Price:$825,000
  • Price per sq. ft.:$160.63
  • Tax amount:$18,054

Features and amenities

  • Appliances:Electric Oven, Electric Range, Microwave, Refrigerator

Parking

  • Total parking spaces:12
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 8, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.

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