Sandeep D Balse
License number: 0599503
mobile: (682) 651-5335
 www.kanamrealty.­com/
 100 N Central Expy
 Suite 913
 Richardson, TX 75080
$880,000
506 Lancaster Avenue, Dallas, Texas 75203, USA
MLS#
21229843
Property Type
Residential For Sale, Multi-Family, Fourplex
Property Size
3,744 sqft (347.818 m2)
Land size
6,943 sqft (645 m2)
Building Size
3,744 sqft (347.8 m2)
Status
Bedrooms
6
Baths
4
Sale price per sqm
2,529.98 $
Virtual Tour
Located in the heart of North Oak Cliff, this updated 2023 4-plex offers a rare opportunity just minutes from Bishop Arts District and Downtown Dallas. The property updated in 2023 features (2) 2-bedroom 1-bath units and (2) 1-bedroom 1-bath units, providing flexible living and rental options in a highly desirable Dallas location. Residents enjoy close proximity to some of the city’s best dining, entertainment, and cultural attractions, along with easy access to major employment centers in Downtown Dallas. Nearby parks and green spaces, including Lake Cliff Park, offer additional recreation and outdoor appeal.The area continues to experience strong growth and redevelopment, making this an excellent opportunity for both owner-occupants and investors seeking long-term value in a rapidly appreciating corridor of Oak Cliff. Short term rental and Airbnb eligible with projected $12.8k a month income and 12% cap rate at asking. Survey available on transaction desk.
Property Details
1945 Year Built:
Siding Construction:
Siding Exterior Description:
Resale Condition:
Refrigerator, Dishwasher, Microwave, Cooktop - Electric, Cooktop - Gas, Oven-Electric, Oven-Gas, Disposal Appliances:
Porch Covered, Covered Patio, Balcony, Multiple Staircases Property Features:
Balcony, Covered Patio Outdoor Space Description:
City sewer Utilities:
Central, Natural Gas, Electric Heating System:
Central, Electric Cooling System:
Cable Available Telecommunication:
Shingle Roofing:
Wood Fencing:
Parking / Garage
6 Number of parking spaces:
School Information
294 School District:
Bowie Elementary School:
Adamson High School:
Garcia Middle School:

Listing by: Kimberly Adams Realty
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