3525 Colonial Avenue
Dallas, Texas 75215
6
Bed
6
Bath
1,989Sqft
0.15Acre(Lot)
Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 6 Full Baths: 6 Half Baths: 0 -
Interior Features
Cable TV Available,High Speed Internet AvailableAppliances
OtherUtilities
City Sewer,City Water -
Cooling Features
Ceiling Fan(s),Electric,Wall/Window Unit(s)Heating Source
ElectricFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 1964 Building Area Total: 1,989 Construction: Brick,Wood Roof Type: Composition -
Foundation
Pillar/Post/Pier -
Construction Materials
Brick,Wood
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Lot Information
Lot Size (Acr): 0.1480 Lot Size Units: Acres Lot Size Square Feet: 6,447 -
Property Information
SQ ft (Living Area): 1,989 Property Type: Residential Income Property Sub Type: Apartment Subdivision: Ervay Street Heights City: Dallas State: Texas Directions: From I-45 S, take exit 283A toward Lamar St. Merge onto Julius Schepps Fwy, then turn left onto Julius Schepps Service Rd E. Turn right onto Colonial & property is to the right. Property Status: Active Exclusions: Tenants' personal items Levels: Two Property Age: 62 Year Built Details: Preowned
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Listing Price Information
Original List Price: $475,000 List Price Tot SqFt: $239 -
Listing Information
Possession: Closing/Funding,Negotiable
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Tax Information
Parcel Number: 00000143329000000 Tax Block: 21185 Tax Legal Description: ERVAY STREET HEIGHTS BLK 2/1185 LT 9 & PT LT Tax Lot: 9 Unexempt Taxes: $8,760
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Parking Information
Garage Space: 0 Carport Spaces: 0 Parking: 0 Parking Features: Common,Parking Lot -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Dunbar Middle School: Dade High School: Madison School District: Dallas ISD -
Utility Information
Utilities: City Sewer,City Water
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3327 Garden Lane, Dallas, TX, 75215 | $349,000 | 3 | 2 | 2,120 | 2,120 SqFt |
| 4618 Spring Garden Street, Dallas, TX, 75215 | $319,999 | 3 | 2 | 1,485 | 1,485 SqFt |
| 3041 Valentine Street, Dallas, TX, 75215 | $570,000 | 4 | 4 | 2,950 | 2,950 SqFt |
| 6314 Myrtle Street, Dallas, TX, 75215 | $429,000 | 4 | 3 | 2,015 | 2,015 SqFt |
| 3037 Valentine Street, Dallas, TX, 75215 | $350,000 | 3 | 3 | 1,756 | 1,756 SqFt |
| 3031 Valentine Street, Dallas, TX, 75215 | $439,000 | 4 | 4 | 2,320 | 2,320 SqFt |
| 3018 Rochester Street, Dallas, TX, 75215 | $530,000 | 4 | 3 | 2,589 | 2,589 SqFt |
| 2835 Macon Street, Dallas, TX, 75215 | $265,000 | 3 | 3 | 1,500 | 1,500 SqFt |
| 5130 Echo Avenue, Dallas, TX, 75215 | $360,000 | 4 | 3 | 1,826 | 1,826 SqFt |
| 3103 Elsie Faye Heggins.., Dallas, TX, 75215 | $169,999 | 3 | 1 | 1,215 | 1,215 SqFt |
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ByOwner last updated this listing 07/21/2026 @ 19:19
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