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2718 Cleveland Street

Dallas, Texas 75215
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Bed 0

Bed

Bath 0

Bath

Acres0.29

Acre(Lot)

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 incre asing 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $995,000

AD Id : 74989943

MLS Id : 550636397

Lot Size : 0.29 Acre

Year Built : 1961

County : Dallas

Subdivision: Chapel Hill 02

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Map

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Other

    Appliances

    Electric Range,Microwave,Refrigerator

    Utilities

    City Sewer,City Water
  • Cooling Features

    Central Air,Window Unit(s)

    Heating Source

    Central

  • Building Information

    Built Year: 1961 Building Area Total: 8,000 Construction: Stucco Roof Type: Flat
  • Foundation

    Pillar/Post/Pier
  • Construction Materials

    Stucco

  • Lot Information

    Lot Size (Acr): 0.2870 Lot Size Units: Acres Lot Size Square Feet: 12,502 Lot Size Source: Assessor Lot Features: Interior Lot
  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: D L Richardsons City: Dallas State: Texas Directions: Head west on Al Lipscomb. Make a left on Cleveland. Property is on the left hand side. Property Status: Active Levels: Two Property Age: 65 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $995,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 00000141223000000 Tax Block: 21118 Tax Legal Description: D L RICHARDSON BLK 2/1118 LT 4,10 FT LT 3 & 2 Tax Lot: 3 Unexempt Taxes: $20,674

  • Parking Information

    Parking: 10 Parking Features: Common
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Dunbar Middle School: Dade High School: Madison School District: Dallas ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

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2835 Macon Street, Dallas, TX, 75215 $269,999 3 3 1,500 1,500 SqFt
2823 Farragut Street, Dallas, TX, 75215 $260,000 4 2 1,232 1,232 SqFt
2927 Dorris Street, Dallas, TX, 75215 $259,900 3 2 1,298 1,298 SqFt
3323 Reed Lane, Dallas, TX, 75215 $384,000 4 2 1,890 1,890 SqFt
2614 Hooper Street, Dallas, TX, 75215 $250,000 3 2 900 900 SqFt
3402 Spring Avenue, Dallas, TX, 75215 $319,999 3 2 1,672 1,672 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/23/2026 @ 15:20

MLS: 550636397 LISTED BY: Matteo Faeth, Dallas Property Advisors, LLC 469-554-0430 SOURCE: NTREIS - North Texas Real Estate Information

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