2718 Cleveland Street, Dallas, TX 75215
Local realty services provided by:ERA Empower
Listed by: matteo faeth
Office: dallas property advisors, llc.
MLS#:21330836
Source:GDAR
Price summary
- Price:$995,000
- Price per sq. ft.:$124.38
About this home
2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment.
The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket.
The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI.
With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket....
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Home facts
- Year built:1961
- Subdivision & Development:D L Richardsons
- Listing ID #:21330836
- Added:54 day(s) ago
- Updated:September 07, 2026 at 11:51 AM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Electric Range, Microwave, Refrigerator
- Living area:8,000 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1961
- Building area:8,000 sq. ft.
- Lot area:0.29 Acres
- Lot Features:Interior Lot
- Construction Materials:Stucco
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Madison
- Middle school:Dade
- Elementary school:Dunbar
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$124.38
- Tax amount:$20,674
Features and amenities
- Appliances:Electric Range, Microwave, Refrigerator
Parking
- Total parking spaces:10
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