DIAMOND REALTORS
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Frieda Schmiedel
DIAMOND REALTORS
phone: (972) 897-7659
office: (972) 897-7659
www.diamondreal­tors.info
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1516 7th Street, Irving, Texas 75060, USA
List Price: $1,900,000
Sale price per sqm: 426.07 $
Status: ACT
MLS#: 21215883
Property type: Commercial for sale, Business
Property Size: 48,000 sqft (4,459.2 m2)
Land size: 0.88 sqft (0.08 m2)
Building Size: 10,088 sqft (937.2 m2)
Property Details
1972 Year Built:
Brick Construction:
Resale Condition:
Garage Property Features:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
On Slab Basement and Foundation:
Asphalt Roofing:
Lot Land Information
multi-family housing Local Zoning:
Remarks
Welcome to Elm Road Apartments, a well-established community in the heart of the Metroplex featuring five one-story buildings with a total of ten rental units and 13,500 combined square feet. Each unit includes its own private yard and dedicated parking with one to three spaces, offering convenience and comfort for tenants. Recent updates include new roofs completed in June 2025 on Units 1–6 along 7th Street, with two additional roof replacements already in the planning phase. Listed with the City of Irving as Elm Road Apartments, the property is maintained under a single tax filing and designed as one cohesive neighborhood. With its prime Irving location, strong tenant appeal, 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.


Listing by: 24fifteen Realty

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