5503 MARTEL AVENUE, DALLAS, TX 75206

Homes for sale in Dallas.

Homes for sale in 75206.


5503 Martel Avenue

Dallas, TX 75206

Status of the property has changed, please contact for details

List Price$995,000

Listing Image Listing Image

Listing #20674497

5

Bedrooms

3 full

Bathrooms

3,263

Square Feet

3

Number of Units

Multi-Unit Residential

Type

About This Property

Fully leased all 3 units! $6575 monthly gross rent. 1940s Austin Stone TRIPLEX, situated on a .21 acre corner lot, is an exceptional find. Located within walking distance to SMU, Mockingbird Station, and Glencoe Park, this property is 100% occupied and has undergone extensive updates throughout. Features include hardwood floors, granite countertops, fresh bright interior paint. All HVAC systems updated within the last 8 years, with one being brand new. Roof replaced in 2021. A 2-car garage, an additional 2-car carport, a full sprinkler system, and a fenced backyard for each unit with outdoor access. There is shared storage and a laundry room for two units, while one unit has its own washer and dryer. Don't miss this outstanding investment opportunity! All 3 units are long term tenants with renewed leases ending May 30, 2025.

Property Features

Similar Listings

Schools

Walk Score

Real Estate IDX Powered by iHomefinder