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  • $825k Price
  • 8 Beds
  • 8 Baths
  • .18 Acres
  • 1982 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $825k Price
  • 8 Beds
  • 8 Baths
  • .18 Acres
  • 1982 Year Built
  • Study
  • Game Room
  • Media
  • Pool

3209 Norwalk Avenue
Dallas, Texas 75220

County: Dallas Marshall Ter Add

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

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Essential Information

  • Price$825,000
  • Reduced By$54,000
  • Cumulative Days on MarketUnlock
  • MLS® #21227705
  • Bedrooms8
  • Bathrooms8.00
  • Acres0.18
  • Year Built1982
  • Built Desc.Preowned
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive
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Property Details

School Information

Community

  • Address3209 Norwalk Avenue
  • SubdivisionMarshall Ter Add
  • CityDallas
  • CountyDallas
  • StateTexas
  • Zip Code75220
  • HOANone
  • UtilitiesCity Sewer, City Water, Community Mailbox, Electricity Available, Master Gas Meter, Master Water Meter
  • Taxes18054

Amenities

  • Parking Spaces12
  • GaragesParking Lot, Paved

Interior

  • Interior FeaturesCable TV Available
  • FloorsCeramic Tile, Laminate, Vinyl

Construction Details / Floorplan

  • Full Baths8
  • RoofComposition, Shingle
  • FoundationSlab
  • ConstructionBrick, Frame, Siding, Wood

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentPorfirio Segovia
  • OfficeLion Drive Realty

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Listing information last updated on October 17th, 2026 at 7:00am CDT.