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.
| MLS # | 21424166 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 10 |
| Listing Provided By | The Michael Group | Bruce Yamini |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 15 Total |
| SQ Feet | 8,292 |
| Garage | 10 |
| Units | 5 |
| Building(s) | 1 |
| Acreage | 0.19 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Interior 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 Bedroom |
| Window Features | Window Coverings |
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Vented Exhaust Fan, Washer |
| Exterior Features | Balcony, Courtyard, Lighting |
|---|---|
| Roof | Composition |
| Construction Materials | Brick, Stucco, Wood |
| Foundation Details | Slab |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| 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 |
| Utilities | City Sewer, City Water, Individual Gas Meter, Master Water Meter |
|---|
| Tax Lot | 31A |
|---|---|
| Tax Block | C/653 |
| Tax Legal Description | PRAIRIE CORNER TOWNHOMES CONDOS BLK C/653 LT |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75204 |
| Area | Dallas |
| Community Name | ACS 0.191 |
| School District | Dallas ISD |
| Elementary School | Chavez |
| High School | North Dallas |
| Listing VS Median (in ACS 0.191) | |
Price: $2,300,000 low | high Med: $2,300,000 sqft: 8,292 low | high Med: 8,292 $ / sqft: $277 low | high Med: $277 On site: 10 low | high Med: 10 | |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75204 |
| Area | Dallas |
| Community Name | ACS 0.191 |
| School District | Dallas ISD |
| Elementary School | Chavez |
| High School | North Dallas |
| Listing VS Median (in ACS 0.191) | |
Price: $2,300,000 low | high Med: $2,300,000 sqft: 8,292 low | high Med: 8,292 $ / sqft: $277 low | high Med: $277 On site: 10 low | high Med: 10 | |
![]() | $2,550,0004709 Virginia Avenue 1,2,3,4,5Dallas, TX 75204 |
![]() | $2,550,0004709 VirginiaDallas, TX 75204 |
![]() | $2,550,0004707 Virginia AvenueDallas, TX 75204 |