# 1509 F. Avenue, Plano, TX 75074

> **TL;DR:** 24bd/24ba multi-family, $2,249,000 ($183/sqft), built 1970, 12,300 sqft.
> Fireplace. Est. $9,746/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,249,000 |
| Price/sqft | $183 |
| Bedrooms | 24 |
| Bathrooms | 12 full, 12 half |
| Square Feet | 12,300 |
| Year Built | 1970 |
| Lot Size | 32,670 sqft (0.75 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,746 |
| **Total** | **$9,746** |

## Nearby Schools

- **Elementary:** Mendenhall

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1970
- 0.75 acre lot
- 16 parking spaces
- Fireplace

## Description

### Agent Description
EXECUTIVE SUMMARY
This offering presents the acquisition of a well-located 12-unit multifamily property in Downtown Plano, one of the most active and supply-constrained submarkets in North Texas.
The asset provides stable in-place income supported by long-term tenancy (5+ year average stay), combined with a clear and achievable rent growth strategy. Current rents are below market for comparable unit sizes, creating an immediate opportunity to increase revenue through gradual repositioning and operational improvements.
The property has undergone key capital improvements, including roof replacement, upgraded flooring, energy-efficient windows, and parking lot enhancements, significantly reducing near-term capital expenditure risk.
At an attractive investment positioned below replacement cost in a high-demand location with strong fundamentals, including walkability, public transit access, and proximity to major employment centers.

## Location

- **Address:** 1509 F. Avenue, Plano, TX 75074
- **County:** Collin
- **Neighborhood:** HOOD - MILLER
- **Coordinates:** 33.020649, -96.707011
- **Google Maps:** https://www.google.com/maps?q=33.020649,-96.707011

## Listing Agent

- **Name:** Nathan Malka
- **Brokerage:** Central Metro Realty
- **Phone:** 5124546873
- **Email:** malka.nathan@gmail.com

## Primary Photo

![1509 F. Avenue - Primary Photo](http://lh.rdcpix.com/6a23a3f7a78c62dc030e914e0fedb886l-f4172286740r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/1509-f-avenue-plano-tx-75074-21283739)*

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**MLS#:** 21283739 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1509-f-avenue-plano-tx-75074-21283739)

---

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