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About This Home

This 0-bedroom, 0-bathroom multi-family at 2718 Cleveland Street in Dallas, TX is listed for $995,000. Built in 1961, on a 0.29 acres lot.

Agent Description

2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment.

The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket.

The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI.

With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket.

Key Features

  • Built in 1961
  • 0.29 acre lot
  • 2 stories
  • 10 parking spaces

Property Details

2 stories
10 spaces
1961

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

2718 Cleveland Street

Dallas, TX 75215

D L Richardsons

Property Details

Flooring

LaminateTile

Construction

Stucco

Heating

Central

Cooling

Central AirMulti UnitsWindow Unit(s)

Appliances

MicrowaveRangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2718 Cleveland Street is listed at $995,000. The estimated monthly payment is $4,312 based on 20% down at 6.5% interest.

Key features include: Built in 1961, 0.29 acre lot, 2 stories, 10 parking spaces.

This property is listed by Matteo Faeth and can be reached at 4695540430 or matteo@dallaspropertyadvisors.com.

MF

Matteo Faeth

Agent at Dallas Property Advisors, LLC

(469) 554-0430

Listed by Dallas Property Advisors, LLC · View on Broker Site

MLS# 21169358· Source: listhub· Updated today

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2718 Cleveland Street, Dallas, TX 75215

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