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33730321
33730322

4301 Vandelia Street, Dallas, TX 75219

MM
TX 709378
Keller Williams Central 75
Listed by Keller Williams Central 75
$1,125,000
6 days on market
Updated 6 days ago

4301 Vandelia Street

Details
Property Type Multifamily
Sub Type Apartment Building, Duplex
Square Footage 3,524
Units 2
Cap Rate 6.62%
NOI $74,500
Tenancy Multi
Price per SqFt $319
Acreage 0.172

Multifamily | 6.62% CAP | 2 Units

Marketing description

Sought after investor friendly independent duplex at Perry Heights, next to Highland Park with 3 bedrooms and 2 full bath per unit. It has updated bathrooms and beautiful hardwood floors throughout in a pristine and quiet neighborhood. Large well spaced out rooms with side screened porches which can serve to be a great place to have family and friends to enjoy living in Dallas uptown close to several restaurants, bars and nightlife. The house comes with a huge pet-friendly backyard along with a detached 2-car garage. Each unit has separate electric, water connections for tenants and also provided a walk in lobby as well as study or a nook. Upstairs unit currently serves as a short term rental which can continue to operate and generate revenue. Furniture, electronics and all household goods can be negotiated during contract. The downstairs unit has a long term tenant and takes great care of the building. Additional room of 300 sq ft behind the is fully renovated with AC, paint and flooring which can be converted to a studio, gym, storage room, game or media room.

Investment highlights

  • Strategic Location: Located in the highly desirable Bishop Arts District of North Oak Cliff, this property provides unmatched access to Dallas's best dining, shopping, and entertainment, along with quick connectivity to major highways and downtown.
  • Flexible Usage: A true duplex investment, this 3,524 sq. ft. building sits on a 0.172 acre. lot and includes two units, Ideal for long-term rentals, furnished stays, or owner-occupied investment strategies.
  • Easy Access to Parking: Ample street parking and nearby lots provide convenience for residents and visitors, adding to the property's desirability.
  • High-Traffic Area: Just south of the Dallas highland park Texas, the property benefits from steady demand and strong tenant interest, ensuring long-term stability and appreciation potential.

Listing Contacts

MM
TX 709378
Keller Williams Central 75
Listed by Keller Williams Central 75

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$74,500.00
$6,208.33/mo

Valuation Metrics

0
DSCR
6.62%
Cap Rate
6.62%
ROI

Map

Zoning

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PD-193 PlannedPlanned Development District 193
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Last updated May 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Mike Medley
License
709378
Brokerage
Keller Williams
Title
sales rep
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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