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4512 Sycamore Street

Dallas, TX 75204

$1,225,000

4 units · 1923

Units4
Building area5,812 sq ft
Year built1923
Gross income$79,500/yr
Cap rate4.38% as listed
Parking8 spaces
Lot size0.223 acres
TypeQuadruplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$25,820 per year — as listed
Insurance$4,000 per year — as listed
Net operating income$53,680 per year — as listed

About this home

Calling all investors

  • local or national! A great candidate for a 1031 exchange to avoid the tax man! This income producing quadplex, 100% occupied property is an attractive property for potential tenants! If looking for assumable VA tenant is willing to vacate one unit to make possible. ALL VETERANS
  • 2.5% ASSUMABLE VA LOAN. ONLY FOR BUYERS WITH THEIR EXEMPTION AVAILABLE TO TRANSFER The property has full occupancy until Aug 2028! Purchase and no worries about filling any vacancies! Opportunity to add more units with city approval, buyer and buyer agent to verify. Each unit has updated bathrooms and kitchens with private entrances
  • an ideal setup for rentability in the area. These units are turnkey ready, as they are all beautifully appointed. Owner has recently replaced fencing, installed new gutters, and some new windows
  • and re-painted the property. Parking included behind the building, with a gated entrance for a security and seclusion for your potential tenants. All information to be verified by buyer and buyer agent. This property consists of two different structures, each containing two units. Please text agent for more information.

The details

HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Laminate, Wood
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
Interior featuresCable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available
FireplaceLiving Room, Wood Burning

Construction materialsBrick
RoofComposition
FoundationPillar/Post/Pier

FencingPerimeter
Water sourceCity Water, Individual Water Meter
ElectricElectricity Available
UtilitiesIndividual Gas Meter, Phone Available

SubdivisionBLK 737 TR 3

ElementaryChavez
Middle schoolSpence
High schoolNorth Dallas
DistrictDallas ISD

Gross income$79,500 per year
Operating expenses$25,820 per year
Insurance$4,000 per year
Cap rate4.38% — as listed
Net operating income$53,680 per year

MLS #21094297
Source
Price changeReduced by $55,000 · Jul 30, 2026
On the market128 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryEl Rancho · 0.3 mi
Nearest parkBuckner Park · 0.4 mi

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Listing courtesy of Compass RE Texas, LLC. — Bobby Schleizer.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21094297. Information last updated July 30, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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