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Listed price in listed location currency (USD).
$1,100,000

12128

MLS® 21124389

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $17,098
Days Active 0
Lot Size 0.209 acres
Approx. Age 1959
MLS® Number 21124389

Property Address: 3619 Rickshaw Dr, Dallas, TX, 75229-6016

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

Description

Outstanding opportunity to own a well-maintained, income-producing 4-unit property in Northwest Dallas. Each spacious townhome-style unit offers approx. 1, 667 sq ft with 3 bedrooms, 2 full baths, 1 half bath, generous living and dining areas, and large walk-in closets in the primary suites. Private fenced patios extend the living space and enhance tenant appeal. The property provides 8 total parking spaces—4 covered and 4 uncovered—with each unit enjoying one covered and one uncovered space (unassigned). All appliances are owned by the seller and convey, offering a turnkey advantage for investors. Significant improvements were completed between 2019 and 2020, including newer siding, windows, and roof, along with HVAC compressors. Kitchens and bathrooms in units 3619 and 3625 were fully updated, adding immediate rental appeal and long-term value. Four long-term tenants are in place, with current leases renewed through 2026 and 2027, providing stable cash flow. Tenants pay their own utilities except for water, sewer, and trash. Priced at $1, 100, 000 with a 5.5% cap rate, this asset presents strong performance and solid upside in one of Dallas’s high-demand rental corridors. Conveniently located near the DART Green Line at Walnut Hill-Denton Station and close to 635, I-35E, Northwest Hwy, and Love Field, the property attracts renters seeking easy access across the metroplex. A rare opportunity to acquire a well-positioned, updated multifamily asset with dependable income and excellent proximity to major transportation, employment hubs, and retail. For more interior images, reference lease listings at MLS numbers: 13964823, 14374443, and 14374435
MLS® Number21124389
Laundry Level
Central VacNo
FireplaceNo
Acreage0.209
Exterior
GarageNo
Approx. Age1959
Basement
DrivewayDetached Carport, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
3619 Rickshaw Dr, Dallas, TX

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