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4223 Delano Place , Dallas, TX 75204

$2,495,000
  • 4223 Delano Place , Dallas, TX 75204 Main Photo

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New to the Market Active
BEDS9 BATHS9 full 5 partial MLS#21217731
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHaskell Place SCHOOLDallas ISD

Property Description

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.

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 karenschaeper.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 9 car attached
Heating: Central, Natural Gas
Lot Size: 0.15 Acres
Roof Type: Flat
Year Built: 2021

Amenities

Decorative Lighting
Double Vanity
Eat-in Kitchen
Granite Counters
Kitchen Island
Open Floorplan
Walk-In Closet(s)

Feature Descriptions

Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Days on Site: 2
Exclusions: All furnishings and personal belongings in units 1-4, unit 5 currently operating as a short term rental, furnishings not excluded.
Exterior: Fiber Cement, Wood
Fencing: Fenced
Flooring: Carpet, Tile, Wood
Parcel#: 00000118882000000
Parking: Driveway, Garage Faces Rear
Parking Notes: Driveway, Garage Faces Rear
Patio/Porch: Roof Top Deck/Patio
Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security System, Smoke Detector(s)
Units: 5
Utilities: City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Window: Window Coverings

Local Schools

Elementary School: Chavez
School District: Dallas ISD

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC.
Agency Contact: 214-543-2912
Agent Name: Alan Sahliyeh

agent picture

Shown By

Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors

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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

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