2718 CLEVELAND STREET, DALLAS, TX 75215
Homes for sale in Dallas.
Homes for sale in 75215.
List Price$995,000
2718 Cleveland Street
Dallas, TX 75215
Listing #21169358
About This Property
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.
Property Features
Location Information
County
Dallas
Subdivision
D L Richardsons
Interior Features
Interior
Other
Floors
Laminate, Tile
Has Fireplace
No
Appliances
Electric Range, Microwave, Refrigerator
Heating
Central
Total Number of Units
8
Cooling
Central Air, Window Unit(s)
Exterior Features
Stories
2
Lot Size in Acres
0.287
Construction
Stucco
Lot Size in Sq. Ft.
12,501
Foundation
Pillar/Post/Pier
Lot Dimensions
100x125
Roof
Flat
Buildings
1
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
8,000
Parking Description
Common
Is One Story
No
Pool Description
None
Lot Description
Interior Lot
Lot Description
Interior Lot
School
Elementary School District
Dallas ISD
Jr. High School
Dade
Elementary School
Dunbar
High School
Madison
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Apartment
Tax Annual Amount
20674.0
Year Built
1961
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$4,646
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,585
Monthly Tax
$829
Monthly Insurance
$232
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
