Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted t…
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Type | Apartment |
| County | Dallas |
| Lot | 0.148 ac (6,446.88 sqft) |
| Annual Tax | $8,760 |
| Days on Market | 219 |
| District | Dallas ISD |
| Elementary | Dunbar |
| Middle | Dade |
| High School | Madison |
| P&I (6.875%) | $2,575 |
| Est. Tax | $730 |
| Est. Total | $3,305/mo |
Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!
Property Type
Residential
Sub Type
Apartment
Status
Active
Bedrooms
6
Full Baths
6
Living Area
3,811 sqft
Lot Size
6,446.88 sqft
Lot (acres)
0.148
Stories
2
Year Built
1964
$129/sqft
Community
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bathroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Living Room | Upper | 0 x 0 |
| Living Room | Upper | 0 x 0 |
| Living Room | Upper | 0 x 0 |
| Primary Bathroom | Upper | 0 x 0 |
| Primary Bathroom | Upper | 0 x 0 |
| Primary Bathroom | Upper | 0 x 0 |
| Primary Bedroom | Upper | 0 x 0 |
| Primary Bedroom | Upper | 0 x 0 |
| Primary Bedroom | Upper | 0 x 0 |
Annual Tax
$8,760
Total Principal
$392,000
Total Interest
$535,058
Total Loan Payment
$927,058
Payoff Date
June 2056
Est. Payment
$3,509
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/dallas-tx/ervay-street-heights/3525-colonial-avenue-75215
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Matt Templeton · Keller Williams Urban Dallas · 214-234-8000
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 15, 2026.
Listing Agent
Matt Templeton
Keller Williams Urban Dallas