$995,000

Apartment In Dallas

  • 8,000 Sqft
  • 12,502 Sqft lot
  • Updated: July 15
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21330836

About the Property

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 a
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 increasing 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.
  • Property type

    Apartment

  • Year built

    1961

  • Price/sqft

    $124

Features

  • Investment Property

Explore the Area

2718 Cleveland Street, Dallas, Texas, United States View on Google Maps
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Dallas Property Advisors, LLC - DALLAS

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Dallas Property Advisors, LLC - DALLAS
Texas, United States
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3
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2025
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Dallas Property Advisors, LLC - DALLAS
DALLAS, Texas, United States
View agency profile
Last updated
July 15
First listed
Jul 15
Listing reference
21330836
Listing status
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