3209 Norwalk Avenue, Dallas, Texas 75220

  • 1982
  • 8
  • 8

Apartment For Sale

$825,000
ActiveListing ID #21227705
Basic Details
Residential Income
Active
21227705
1982
$825,000
0.182
5,136 Sqft
8
8
Property Description

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 tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

Features
Brick, Wood Siding, Frame
Composition, Shingle
Central
Central Air, Ceiling Fan(s)
Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available
Cable TV
Public Sewer
Parking Lot, Paved
Neighborhood
Foster
Cary
Jefferson
Dallas ISD
Community Mailbox
Additional Information
Apartment
Preowned
8
Close Of Escrow
Porfirio Segovia
Lion Drive Realty
Address Map
3209
Norwalk Avenue
Marshall Ter Add
Dallas
TX
75220
Dallas
Texas / Dallas / Dallas
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 10/14/2026 9:02 AM
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    Apartment For Sale

    $825,000
    ActiveListing ID #21227705
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