# 2718 Cleveland Street, Dallas, TX 75215

> **TL;DR:** multi-family, $995,000, built 1961. Est. $4,312/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $995,000 |
| Year Built | 1961 |
| Lot Size | 12,502 sqft (0.29 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,312 |
| **Total** | **$4,312** |

## Nearby Schools

- **Elementary:** Dunbar

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 2718 Cleveland Street, Dallas, TX 75215
- **County:** Dallas
- **Neighborhood:** D L Richardsons
- **Coordinates:** 32.762397, -96.781367
- **Google Maps:** https://www.google.com/maps?q=32.762397,-96.781367

## Listing Agent

- **Name:** Matteo Faeth
- **Brokerage:** Dallas Property Advisors, LLC
- **Phone:** 4695540430
- **Email:** matteo@dallaspropertyadvisors.com

## Primary Photo

![2718 Cleveland Street - Primary Photo](http://lh.rdcpix.com/1ee9a13b2f61bd3d98d4122d11eddc15l-f3172446379r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/2718-cleveland-street-dallas-tx-75215-21169358)*

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**MLS#:** 21169358 | **Updated:** 2026-06-19
**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/2718-cleveland-street-dallas-tx-75215-21169358)

---

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