4512 Swiss Ave, Dallas, TX 75204

$1,180,000
4
BD
4
BA

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List Price
$1,180,000
Price Change
▼ $10,000 1783536909
MLS#
21305069
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1933
Construction Status
Preowned
Bedrooms
4
Full Baths
4
Acres
0.28
County
Dallas
City
Dallas
Subdivision
Ac Ardreys
Building Name
4512 Swiss Avenue

Property Description

Rare Swiss Avenue Fourplex - Quadplex- Multifamily Investment - Income Producing Property - Prime Dallas 75204 Location. Fully leased fourplex investment opportunity located in the prestigious Swiss Avenue Historic District of Dallas. This stabilized asset offers immediate cash flow with four occupied 1-bedroom, 1-bath units and significant rental upside. Current rents are below market, creating a compelling value-add investment opportunity for investors seeking future income growth and long-term appreciation. This income-producing property features larger-than-average floor plans, supporting strong rental demand and tenant retention. Extensive capital improvements are complete, including foundation stabilization with approximately 30 piers installed, beam replacement, fully renovated kitchens and bathrooms, updated fixtures, and numerous property enhancements throughout.The property also features a renovated and landscaped backyard, providing an attractive shared outdoor space for residents. Located in a highly desirable walkable neighborhood near Downtown Dallas, Deep Ellum, Uptown, Lower Greenville, and the Baylor Medical District, this urban core multifamily property offers convenient access to major employment centers, dining, entertainment, shopping, and public transportation. Its transit-oriented location provides quick access to I-30, I-45, US-75, Love Field Airport, and DFW International Airport.

Additional Information

Unexempt Taxes
$18,026
Amenities
Fireplace
Lot Size
12,371
Acres
0.28
Interior Features
Eat-In Kitchen, Granite Counters, Open Floor Plan, Cable TV, Natural Woodwork, Walk-In Closet(s), Wired Audio
Flooring
Tile, Wood
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Fireplaces
1
Fireplace Type
Wood Burning
Parking Garage
Parking Lot
School District
Dallas Isd
Elementary School
Zaragoza
Middle School
Spence
High School
North Dallas
Possession
CloseOfEscrow
Community Features
Curbs, Sidewalks

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Casi Fricks from Redfin Corporation. Contact: 972-954-4791