About This Home

This 0-bedroom, 0-bathroom multi-family at 2718 Cleveland Street in Dallas, TX is listed for $895,000. Built in 1961, on a 0.29 acres lot.

Key Features

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

Property Details

2 stories
10 spaces
1961

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

2718 Cleveland Street

Dallas, TX 75215

D L Richardsons

Property Details

Flooring

TileLaminate

Construction

Stucco

Heating

Central

Cooling

Central AirWindow Unit(s)

Appliances

ElectricRangeMicrowaveRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2718 Cleveland Street is listed at $895,000. The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Matteo Faeth.

MF

Matteo Faeth

Agent at TexMass Equity Partners, LLC

Listed by TexMass Equity Partners, LLC · Broker phone: (469) 554-0430 · View on Broker Site

MLS# 21330836· Source: North Texas Real Estate Information Systems, Inc.· 6 days on PropertySimple

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.

2718 Cleveland Street, Dallas, TX 75215

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