315 N Merrill Ave, Duncanville, TX 75116

$625,000
9
BD
5
BA

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List Price
$625,000
MLS#
21157933
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1955
Construction Status
Preowned
Bedrooms
9
Full Baths
5
Acres
0.28
County
Dallas
City
Duncanville
Subdivision
Merrill Meadows
Building Name
N/A

Property Description

Excellent opportunity for Investors or Multi-generational buyers! Featuring a total of 9 bedrooms and 5 bathrooms across spacious units that have been updated and well cared for. Unit A - 4 Bed 2 Bath 2,032 SQFT at $1,975 per month & Lease ends June 2027. Unit B -2 Bed 1 Bath 793 SQFT at $1400 per month & Lease ends May 2027. Unit C - 3 Bed 2 Bath 1,677 SQFT at $1800 per month & Lease ends September 2027. Each unit offers generous, renovated living space, making it highly attractive for long-term tenants. The property includes a large detached garage with electrical already in place, providing the strong opportunity to convert into the potential additional unit(s) for more rental income. Multifamily properties like this are increasingly rare, making this a standout opportunity for investors looking to expand their portfolio or generate cash flow. This is a chance to seize a high-demand asset in a growing rental market! Water and gas are paid by Owner. Electric is paid by Tenants.

Additional Information

Unexempt Taxes
$15,779
Amenities
Fireplace
Lot Size
11,979
Acres
0.28
Lot Description
Corner Lot
Interior Features
Decorative Designer Lighting Fixtures
Flooring
Vinyl, Tile
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Stories
2
Pool Features
None
Fireplaces
1
Fireplace Type
Masonry
Garage Spaces
4
Parking Garage
Driveway, Garage, On Site
School District
Duncanville Isd
Elementary School
Central
Middle School
Reed
High School
Duncanville
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Melissa Hernandez from Competitive Edge Realty LLC. Contact: 469-355-5106