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3525 Colonial Avenue Dallas, TX $ 475,000
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3525 Colonial Avenue
$ 475,000
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3525 Colonial Avenue

Dallas, TX, 75215
$ 475,000
Bedrooms6 Baths6.0 Sq 1,989

Monthly Estimate*

$ 2,999

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Multi-Family Home for sale in Dallas, TX

for $475,000 with 6 bedrooms and 6 full baths. This 1,989 square foot home was built in 1964 on a lot size of 0.148.

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!

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Multi-Family Active

Price

$ 475,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,760

Style

Apartment

Lot Size

0.148

Year Built

1964

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

21309010
Features
Interior
Interior Features Cable TV Available High Speed Internet Available
Flooring Hardwood Tile
Basement Y/N 0
Total Units 6
Half Baths 0
Total Bedrooms 6
Total Baths 6
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General
Heating Electric
Complex Name Ervay Street Heights
Cooling Ceiling Fan(s) Electric Wall/Window Unit(s)
Utilities City Sewer City Water
Possession Closing/Funding Negotiable
Roof Composition
Appliances Other
Number of Garage Spaces 0
School District Dallas ISD
Pool Y/N 0
Exclusions Tenants' personal items
Year Built 1964
Levels Two
Property Subtype Apartment
Subdivision Name Ervay Street Heights
Occupant Type Tenant
County Dallas
Property Type Residential Income
Construction Materials Brick Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 6
Status Active
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.
City Dallas
Elementary School Name Dunbar
High School Madison
Elementary School Dunbar
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 0
Parking Features Common Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 1989.00
Garage Y/N 0
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Internal Only
Street Number 1 3525
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* Excluded Features
List By
Matt Templeton

Listing Agent

Keller Williams Urban Dallas

Broker

Affordability Calculator

$3,729
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/30/2026$475,000 Listed Price

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3525 Colonial Avenue, Dallas, TX, 75215 is a Multi-Family Home for sale at $475,000 with 1,989 sqft and a lot size of 0.148. 3525 Colonial Avenue has 6 bedrooms, 6.0 baths, and was built in 1964. The property's zip code is 75215 which is in Dallas, TX

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