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Nick Van Der Gaast

nick@nicksellsdfw.com +1(817) 307-6521

$668,000

Est. payment - /mo

10 Beds

8 Baths

4,089 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,089 sqft

Subdivision Tomlinson Square-Winter Park

MLS Listing ID 21349490

Bedrooms 10

Full Baths 4

Half Baths 4

HOA Fees $295/mo

HOA Y/N Mandatory

Total Fin. Sqft 4089

Year Built 1984

Annual Tax Amount $4,076

Lot Size 3.646 Acres

Acres 3.646

Property Sub-Type Quadruplex

Property Description

Distinctive Investment Opportunity! 1031 Exchange! Entire Fourplex Four Individually Deeded Condominium Units Sold Together. Unlike a traditional fourplex, this unique ownership structure offers investors added flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. Delivered vacant and ready for its next owner, this property offers the flexibility to lease all four units at current market rents, renovate and reposition the asset, occupy one or more units while generating rental income from the others, or customize an investment strategy to meet your goals. One purchase acquires four separately deeded residences, making it an attractive opportunity for investors, owner-investors, or those completing a 1031 Exchange. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The continued redevelopment of the former Baylor campus into Valoris Park is bringing new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's long-term investment appeal. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property with the flexibility to establish your own leasing strategy from day one, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.

Location

State TX

County Dallas

Direction Head northeast on US-75 N Take exit 25 toward Arapaho Rd Merge onto N Central Expy Turn right onto E Arapaho Rd Continue onto N Garland Ave

Interior

Interior Features Cable TV Available

Heating Central

Cooling Central Air

Flooring Tile

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven

Heat Source Central

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding

Schools

Elementary Schools Choice Of School

Middle Schools Choice Of School

High Schools Choice Of School

School District Garland Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Cristina Rosenthal • Redfin Corporation

Nearby School & Business

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Nick Van Der Gaast

+1(817) 307-6521

Agent License ID: 0698764

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3951 N Garland Avenue #1 Garland, TX 75040

Nick Van Der Gaast

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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