# 4840 Memphis Street, Dallas, TX 75207

> **TL;DR:** commercial, $1,169,000, built 1969. Est. $5,066/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,169,000 |
| Year Built | 1969 |
| Lot Size | 6,011 sqft (0.14 acres) |
| Property Type | Commercial (Industrial) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,066 |
| **Total** | **$5,066** |

## Property Highlights

- Built in 1969
- 0.14 acre lot

## Description

### Agent Description
Positioned in Dallas’ Medical District (75235) and bordering the vibrant Design District, 4840 Memphis Street blends industrial character with upgraded infrastructure—ideal for creative office, showroom, studio, or boutique commercial use.

Recent improvements include new plumbing and HVAC, updated 3-phase power, fresh paint throughout, and a new bay door. A turfed rear area offers flexible outdoor space, while the gated driveway enhances privacy and security. With direct access to Inwood Road, I-35E, Love Field, Oak Lawn, and Downtown Dallas, the location supports both convenience and visibility.

The property is currently leased, providing income while preserving long-term repositioning potential.

## Location

- **Address:** 4840 Memphis Street, Dallas, TX 75207
- **County:** Dallas
- **Neighborhood:** Hampton & Indust
- **Coordinates:** 32.806891, -96.850834
- **Google Maps:** https://www.google.com/maps?q=32.806891,-96.850834

## Listing Agent

- **Name:** Angela Downes
- **Brokerage:** Compass RE Texas, LLC.
- **Phone:** 2148148100
- **Email:** Angela.Downes@Compass.com

## Primary Photo

![4840 Memphis Street - Primary Photo](http://lh.rdcpix.com/73b93b0f6c97459c22cc29070b20526el-f1404416111r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/4840-memphis-street-dallas-tx-75207-21189922)*

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**MLS#:** 21189922 | **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/4840-memphis-street-dallas-tx-75207-21189922)

---

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