3209 Norwalk Avenue
Dallas, Texas 75220
8
Bed
8
Bath
0.18Acre(Lot)
This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease ex
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 8 Full Baths: 8 -
Interior Features
Cable TV AvailableAppliances
Electric Oven,Electric Range,Microwave,RefrigeratorUtilities
City Sewer,City Water,Community Mailbox,Electricity Available,Master Gas Meter,Master Water Meter -
Cooling Features
Ceiling Fan(s),Central AirHeating Source
Central
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Building Information
Built Year: 1982 Building Area Total: 5,136 Construction: Brick,Frame,Siding,Wood Roof Type: Composition,Shingle -
Foundation
Slab -
Construction Materials
Brick,Frame,Siding,Wood
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Lot Information
Lot Size (Acr): 0.1820 Lot Size Units: Acres Lot Size Square Feet: 7,928 -
Property Information
Property Type: Residential Income Property Sub Type: Apartment Subdivision: Marshall Ter Add City: Dallas State: Texas Directions: GPS Property Status: Active Levels: Two Property Age: 44 Year Built Details: Preowned
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Listing Price Information
Original List Price: $825,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 00000431632000000 Tax Block: D/577 Tax Legal Description: MARSHALL TERRACE BLK D/5775 LT 29 Tax Lot: 29 Unexempt Taxes: $18,054
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Parking Information
Parking: 12 Parking Features: Parking Lot,Paved -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Foster Middle School: Cary High School: Jefferson School District: Dallas ISD -
Utility Information
Utilities: City Sewer,City Water,Community Mailbox,Electricity Available,Master Gas Meter,Master Water Meter
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9525 Alva Court, Dallas, TX, 75220 | $9,600,000 | 6 | 9 | 11,037 | 11,037 SqFt |
| 5444 Northbrook Drive, Dallas, TX, 75220 | $15,000,000 | 7 | 9 | 12,589 | 12,589 SqFt |
| 9435 Inwood Road, Dallas, TX, 75220 | $4,595,000 | 4 | 5 | 5,676 | 5,676 SqFt |
| 9930 Strait Lane, Dallas, TX, 75220 | $4,750,000 | 5 | 6 | 6,412 | 6,412 SqFt |
| 5036 Radbrook Place, Dallas, TX, 75220 | $5,995,000 | 6 | 6 | 8,462 | 8,462 SqFt |
| 4424 Glenleigh Drive, Dallas, TX, 75220 | $3,250,000 | 5 | 7 | 6,578 | 6,578 SqFt |
| 4424 Manning Lane, Dallas, TX, 75220 | $3,850,000 | 4 | 5 | 6,530 | 6,530 SqFt |
| 4205 Manning Lane, Dallas, TX, 75220 | $7,200,000 | 6 | 8 | 8,000 | 8,000 SqFt |
| 9327 Midway Road, Dallas, TX, 75220 | $1,995,000 | 5 | 5 | 4,485 | 4,485 SqFt |
| 9317 Midway Road, Dallas, TX, 75220 | $2,100,000 | 5 | 4 | 4,246 | 4,246 SqFt |
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ByOwner last updated this listing 08/17/2026 @ 02:47
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