Grand 4-plex in the historic district of Peaks Addition with tons of upside potential upon future cosmetic updates. The floorplans for each unit are super efficient and mirror each other with 1 bedroom and 1 bathroom. The den and kitchen are sizable making for a comfortable respite away from the busy city life. Large windows throughout each unit invites lots of natural light. The two lower units boast cute front porches for relaxing and watching the world go by. Carport on-site provides covered parking for 4 vehicles. Three of the units are on a 6-month lease and one unit is month-to-month which is ideal for investors who want to upgrade the property to maximize rent potential. The month-to-month unit is the downstairs unit on the right and is ideal for a buyer who would like to live on-site and use the rent from the other three units to off-set the mortgage. Only 1 unit can be shown prior to executed contract. Remaining units are in similar condition and can be shown once executed contract in place. Do not disturb or take pictures of tenants. Peaks Addition is one of Dallas' first established neighborhoods and offers wonderful architecture throughout. There is currently lots of development all around the area which will no doubt bolster values over time making this 4-plex a stellar investment. Vacant lot next door at 4812 Junius also for sale under separate MLS# 20949991 and can be purchased together or separately with the 4-plex.

Listing courtesy of Paul Sanders of Compass RE Texas, LLC Paul.sanders@compass.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer’s personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-06-18 06:19 PM CDT