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The Onyx Realty Group

hello@theonyxrg.com +1(214) 597-4740

$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

Price per Sqft $163

Subdivision Tomlinson Square-Winter Park

MLS Listing ID 21349483

Bedrooms 10

Full Baths 4

Half Baths 4

HOA Fees $295/mo

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $4,076

Lot Size 3.646 Acres

Acres 3.646

Property Sub-Type Quadruplex

Property Description

Rare Investment Opportunity – Entire Income-Producing Fourplex Four Individually Deeded Condominium Units Sold Together, all being sold together in one transaction. Unlike a traditional fourplex, this unique ownership structure offers investors additional flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. This fully leased multifamily investment property presents an excellent opportunity for investors seeking stable rental income in one of Garland's established residential communities. One purchase acquires four income-producing residences, making it an attractive addition to an investment portfolio or a potential 1031 Exchange acquisition. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris HealthPark Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The ongoing redevelopment of the former Baylor campus into Valoris HealthPark continues to bring 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 appeal to tenants. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property in a high-demand rental market, 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 Turn right Turn left

Interior

Interior Features Cable TV

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave

Exterior

Parking Features Parking Lot

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 8

Garage No

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Choice Of School

Middle Schools Choice Of School

High Schools Choice Of School

School District Garland Isd

Others

HOA Name Winter Park

HOA Fee Include Association Management

Tax ID 26611550000L00001

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21349483

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The Onyx Realty Group

+1(214) 597-4740

4013 N Garland AVE #1 Garland, TX 75040

The Onyx Realty Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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