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New
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$499,000

For Sale

3 hours ago

2308 Britton Drive, Dallas, TX

Condo

MLS® 21313341

6 Bed

5 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1925
MLS® Number 21313341

Property Address: 2308 Britton Drive, Dallas, TX, 75216

Average square foot calculated using Size range provided by listing agent.

Description

This exceptional Dallas multifamily investment opportunity at 2308 Britton Avenue is priced to clear the market at a highly attractive $499, 000, breaking the critical sub-$100k price-per-door barrier while delivering powerful, immediate cash flow. The unique property configuration features a main fourplex containing four separate 1-bedroom units, alongside a completely detached 2-bedroom, 1-bathroom single-family house situated at the back of the lot. Investor flexibility is maximized as all current leases are strictly month-to-month, and the property is delivered with Unit 1 and Unit 4 completely vacant, allowing a buyer to immediately lease them out at top-of-market rental rates to maximize the building's true yield potential. The current income stream on this asset is remarkably strong, with Unit 2 occupied at $1, 200 per month, Unit 3 leased at a steady $1, 150 per month, and the detached back house (Unit 5) pulling $1, 575 per month. While the property was previously operated as a Airbnb, it has since been transitioned away from short-term rentals, though the underlying infrastructure remains perfectly optimized for a buyer wanting to re-enter that lucrative short-term or mid-term travel nurse housing space. Furthermore, a massive, built-in value-add opportunity exists because the landlord currently covers utility expenses; by simply implementing a Ratio Utility Billing System (RUBS) or passing these metered utility costs back to the month-to-month tenants, an incoming owner can instantly eliminate a major operational expense line item and force the net operating income and cap rate straight upward without spending a single dollar on physical renovations.
MLS® Number21313341
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1925
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric, Zoned
A/CCentral Air, Electric, Multi Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 27, 2026List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
2308 Britton Drive, Dallas, TX

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