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About This Home
This 18-bedroom, 16-bathroom multi-family at 435 W 9th Street in Dallas, TX is listed for $3,318,000. Built in 1925, on a 0.12 acres lot.
A rare opportunity to acquire a fully renovated 16-unit condominium portfolio one block from Bishop Avenue, one of Dallas's most active dining and entertainment corridors.
The portfolio spans 4 buildings and delivers 9 leased units with in-place income at closing, with the remaining 7 units rent-ready and actively being leased at current market rates. No deferred maintenance. No renovation timeline. The heavy lifting is done.
The unit mix includes studios, one-bedroom, and two-bedroom residences, individually metered for utilities with tankless water heaters throughout. The flexible unit mix supports long-term and mid-term rental strategies, with additional uses subject to city guidelines.
With stabilized pro forma gross income of $247,200 annually and a location that continues to benefit from Dallas's urban core demand, this portfolio is positioned for an investor seeking immediate cash flow with a clear path to full stabilization.
Key Features
- Built in 1925
- 0.12 acre lot
- 2 stories
- 10 parking spaces
Property Details
Monthly Cost Estimate
$17,745/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
435 W 9th Street
Dallas, TX 75208
Dallas Land & Loan 02
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 18-bedroom, 16-bathroom multi-family at 435 W 9th Street is listed at $3,318,000. The estimated monthly payment is $14,378 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.12 acre lot, 2 stories, 10 parking spaces. Interior Features: Eat-in Kitchen, Granite Counters, High Speed Internet Available.
This property is listed by Rachael Gray Smith and can be reached at 4692108288 or rachael.graysmith@compass.com.
