1931 N Prairie Avenue
Dallas, TX, 75204 $ 2,300,000
Bedrooms10 Baths10.5 Sq 8,292 Monthly Estimate*
$ 15,886
for $2,300,000 with 10 bedrooms and 10 full baths, 5 half baths. This 8,292 square foot home was built in 2019 on a lot size of 0.191.
A new investment opportunity to the market (new photos coming, but wanted to get the property into the market asap). 1931 North Prairie is a 100% leased five unit complex with a five year history of proven income in a high demand area. This property consistently attracts and retains quality tenants, with a location second to none. It sits just minutes from Uptown, Downtown, West Village, Klyde Warren Park, the Arts District, Central Expressway, SMU, major hospitals, Lower Greenville, and some of Dallas’s best shopping, dining and entertainment. Each of the five units is a two-bedroom, 2.5-bath residence with tall ceilings, open-concept design, abundant natural light, real wood floors, and contemporary kitchens. Both bedrooms have ensuite baths, and washers and dryers are included. A private two-car garage opens directly into each unit, providing the highest security and convenience. And the building design and corner location provide easy access to each garage, with a more spacious feeling to the property than most five unit properties in the area. And a secured, fenced, artificial turf-covered courtyard gives pet owners a rare amenity. Hold all five as a rental portfolio or pursue individual unit sales. Airbnb and short-term rentals are allowed. For an investor who wants a turnkey multifamily asset in a prime Dallas location, this is an outstanding opportunity.
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FeaturesInteriorInterior Features Built-in Features Cable TV Available Decorative Lighting Granite Counters High Speed Internet Available Kitchen Island Multiple Staircases Open Floorplan Other Pantry Walk-In Closet(s) Second Primary
Flooring Tile Wood
Basement Y/N 0
Occupancy Rate 100
Total Units 5
Half Baths 5
Total Bedrooms 10
Total Baths 15
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GeneralHeating Central
Complex Name 1931 N Prairie
Cooling Central Air
Utilities City Sewer City Water Individual Gas Meter Master Water Meter
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Vented Exhaust Fan Washer
Number of Garage Spaces 10
School District Dallas ISD
Pool Y/N 0
Year Built 2019
Levels Three Or More
Property Subtype Multiple Single Units
Subdivision Name ACS 0.191
County Dallas
Property Type Residential Income
Construction Materials Brick Stucco Wood
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
# of Buildings 1
Full Baths 10
Status Active
Directions Property is on the corner at Prairie and Monarch
City Dallas
Elementary School Name Chavez
High School North Dallas
Elementary School Chavez
Standard Status Active
Junior High School Piedmont Global Academy
Listing Terms Conventional
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ExteriorWaterfront 0
Exterior Features Balcony Courtyard Lighting
Fencing Wrought Iron
Garage Length 20
Garage Width 20
Lot Size Source Public Records
Parking Features Additional Parking Direct Access Garage Garage Door Opener Garage Double Door Garage Faces Front Garage Faces Side Garage Single Door Inside Entrance Shared Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 8292.00
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByBruce YaminiListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $15,886
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Dallas, TX
Average List Price $1,053,330
Percent of Sale Price 54%
About Dallas, TX 1,325,420 Population
11% Since 2002
$ 49,155 Median Income
34.63 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
287306 Elementary School
286523 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/1/2026 | $2,300,000 | | Listed Price |