Fully leased and turnkey, this exceptional 5-unit condo platted townhome community in highly sought-after East Dallas presents a rare investment opportunity with immediate income and long-term upside. Built in 2021, the property features four spacious 2-bedroom, 2.1-bath units and one 1-bedroom, 1.5-bath unit, thoughtfully designed with modern finishes and functional layouts.Each home offers an open-concept floor plan with abundant natural light, granite countertops throughout, and well-appointed living spaces ideal for today’s renters. All bedrooms are privately situated on the third floor, creating a comfortable separation between living and sleeping areas.A standout feature of the property is the private rooftop decks on every unit, complete with turf and offering impressive skyline views—perfect for entertaining or relaxing. The 1-bedroom unit (Unit 5) is currently operating as a short-term rental, providing additional income flexibility and enhanced revenue potential.Ideally located within walking distance to some of East Dallas’ most popular dining, retail, and entertainment destinations, this property combines strong in-place cash flow with an unbeatable location. Whether you’re looking to expand your portfolio or secure a stabilized asset in a high-demand area, this offering checks all the boxes.
Listed By
Agency Name: Compass RE Texas, LLC.
Agency Contact: 214-543-2912
Agent Name: Alan Sahliyeh
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 6,280.50 per month $5,552.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $727.71 Homeowner's Insurance
4223 Delano Place | MLS# 21217731
This multi-family property located at 4223 Delano Place , Dallas, TX 75204 is currently listed for sale with an asking price of $2,495,000. Delano Place is located within the Dallas ISD school district. Search Dallas real estate on www.kellyrealtors.com today.