Fully leased and turnkey, this exceptional 5-unit condo platted townhome community in highly sought-after East Dallas presents a rare investment opportunity with immediate income and long-term upside. Built in 2021, the property features four spacious 2-bedroom, 2.1-bath units and one 1-bedroom, 1.5-bath unit, thoughtfully designed with modern finishes and functional layouts.
Each home offers an open-concept floor plan with abundant natural light, granite countertops throughout, and well-appointed living spaces ideal for today’s renters. All bedrooms are privately situated on the third floor, creating a comfortable separation between living and sleeping areas.
A standout feature of the property is the private rooftop decks on every unit, complete with turf and offering impressive skyline views—perfect for entertaining or relaxing. The 1-bedroom unit (Unit 5) is currently operating as a short-term rental, providing additional income flexibility and enhanced revenue potential.
Ideally located within walking distance to some of East Dallas’ most popular dining, retail, and entertainment destinations, this property combines strong in-place cash flow with an unbeatable location. Whether you’re looking to expand your portfolio or secure a stabilized asset in a high-demand area, this offering checks all the boxes.
Features
9 bedrooms
14 bathrooms
directions_car9 carspaces
directions_car5 carport spaces
directions_car9 garage spaces
5879 sq. ft. floor area
crop_free6751.8 sq. ft. lot size
cottageMulti-Family
Property history for 4223 Delano Pl
2019
Sold
Undisclosed
24 Sep 2019 by Britaney Hughes, of Keller Williams Urban Dallas
Happy sellers in Dallas
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Local market activity for 9 bedroom multi families in Dallas
Sold
For Sale
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