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About This Home

This 18-bedroom, 18-bathroom multi-family at 1415 Bennett Avenue in Dallas, TX is listed for $2,400,000. Built in 1957, on a 0.25 acres lot.

Agent Description

1415 Bennett is a fully rehabbed, boutique multifamily asset in a dynamic, urban infill submarket in Dallas. Strategically located in the highly sought after East Dallas corridor, the property benefits from immediate proximity to Downtown Dallas, Deep Ellum, Lower Greenville, Knox-Henderson, and Baylor University Medical Center -- key demand drivers that support strong and consistent rental performance.

The asset also benefits from its highly walkable location, making it easy to access restaurants, parks, retail and grocery stores. Built in 1957 and completely reconstructed to the studs in 2019, the property's 18 units carry an effectively new construction profile without the new construction price.

The full-gut renovation delivered entirely new electrical, plumbing, roofing, mechanicals, stone countertops, cabinets, stainless appliances, vinyl plank flooring, in-unit stackable washer and dryers, and an electric entry gate -- eliminating the capital risk typically associated with a vintage asset.

For an investor seeking stabilized cash flow in a supply constrained infill location, 1415 Bennett offers an uncommon combination of modern finishes, low deferred maintenance, and irreplaceable East Dallas positioning. Property is currently 100% occupied and consists of all one bedroom units ranging from 480-630 SF.

Key Features

  • Built in 1957
  • 0.25 acre lot
  • 2 stories
  • 11 parking spaces

Property Details

2 stories
18 full
11 spaces
1957

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

1415 Bennett Avenue

Dallas, TX 75206

College Hill

Features & Amenities

Interior Features

Cable Tv AvailableHigh Speed Internet Available

Property Details

Flooring

Vinyl

Construction

Stucco

Parking

Parking Lot

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 18-bedroom, 18-bathroom multi-family at 1415 Bennett Avenue is listed at $2,400,000. The estimated monthly payment is $10,400 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.25 acre lot, 2 stories, 11 parking spaces. Interior Features: Cable Tv Available, High Speed Internet Available.

This property is listed by Esther Cho and can be reached at 2142069559 or esther.cho@colliers.com.

EC

Esther Cho

Agent at GSFREA LLC

(214) 206-9559

Listed by GSFREA LLC · View on Broker Site

MLS# 21233506· Source: listhub· Updated today

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1415 Bennett Avenue, Dallas, TX 75206

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