2718 Cleveland Street Dallas, TX $ 995,000
2718 Cleveland Street
$ 995,000
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2718 Cleveland Street

Dallas, TX, 75215
$ 995,000
Bedrooms8 Baths8.0

Monthly Estimate*

$ 6,126

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Multi-Family Home for sale in Dallas, TX

for $995,000 with 8 bedrooms and 8 full baths. This home was built in 1961 on a lot size of 0.287.

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.

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Multi-Family Active

Price

$ 995,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 20,674

Style

Apartment

Lot Size

0.287

Year Built

1961

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

21169358

Features
Interior
Interior Features Other
Flooring Laminate Tile
Occupancy Rate 100
Total Units 8
Total Baths 0
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General
Heating Central
Complex Name 2718 Cleveland
Cooling Central Air Window Unit(s)
Utilities City Sewer City Water
Possession Closing/Funding
Roof Flat
Appliances Electric Range Microwave Refrigerator
School District Dallas ISD
Pool Y/N 0
Year Built 1961
Levels Two
Property Subtype Apartment
Subdivision Name D L Richardsons
County Dallas
Property Type Residential Income
Construction Materials Stucco
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
# of Buildings 1
Status Active
Directions Head west on Al Lipscomb. Make a left on Cleveland. Property is on the left hand side.
City Dallas
Elementary School Name Dunbar
High School Madison
Elementary School Dunbar
Standard Status Active
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Exterior
Waterfront 0
Lot Features Interior Lot
Lot Size Source Assessor
Parking Features Common
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Dimensions 100x125
Building Area Total 8000.00
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Internal Only
Street Number 1 2718
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* Excluded Features
List By
Matteo Faeth

Listing Agent

Dallas Property Advisors, Llc

Broker

Affordability Calculator

$7,849
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$1,723
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287971 Elementary School
286523 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$995,000 Listed Price

Map


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2718 Cleveland Street, Dallas, TX, 75215 is a Multi-Family Home for sale at $995,000 with a lot size of 0.287. 2718 Cleveland Street has 8 bedrooms, 8.0 baths, and was built in 1961. The property's zip code is 75215 which is in Dallas, TX