Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2401 Doreen St Grand Prairie, TX 75050

    For Sale
    $1,200,000

    Apartment - Grand Prairie, TX

    Type:Apartment
    Lot size:
    0.46 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 2401 Doreen St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    00690945
    Parking
    12
    Parking features
    On Street
    Interior features
    Granite Counters
    Appliances
    Dishwasher, Garbage Disposer, Washer
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    TexMass Equity Partners, LLC (469) 554-0430

    Listing agent Matteo Faeth (469) 554-0430 License #0619346

    Listing date Sep 18, 2025

    MLS# 21063735 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Prairie Multifamily Investment Opportunity

    The Doreen Townhomes, situated on approximately 0.458 acres in Grand Prairie, presents a multifamily investment opportunity. The current strategy involves a Section 8 tenant base, resulting in rents exceeding market rates. The property consists of six units. Four units feature a three-bedroom, one-and-a-half-bath layout, while the remaining two units offer four bedrooms. Each unit spans two stories and provides approximately 1375 square feet of living space. Value can be added by renovating the remaining unit and maximizing rents across all units. The property is located near major employers and Interstate 30.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.039313
    Latitude
    32.742342

    Nearby Similar for Sale

    • $2,000,000
      4.66 Acres

      Grand Prairie Church Investment Opportunity

      Church property on 4.67 acres near Epic Central.
      1038 Freetown Rd, Grand Prairie, TX 75051
      View Details
    • $725,000
      0.35 Acres

      Turn-key Grand Prairie Quadruplex

      Recently remodeled fourplex with modern finishes, ideal for investment.
      306 Renfro St, Grand Prairie, TX 75051
      View Details
    • $1,000,000
      11,120 SF

      Grand Prairie Retail Opportunity

      Two adjacent properties suitable for offices, retail, or mixed-use.
      301 SE 14Th St, Grand Prairie, TX 75051
      View Details
    • $429,000
      0.23 Acres

      Retail Opportunity in Grand Prairie

      2,750 SF retail space in accessible Grand Prairie location.
      630 Dalworth St, Grand Prairie, TX 75050
      View Details
    • $310,000
      0.11 Acres

      Remodeled Duplex in Grand Prairie

      Completely remodeled duplex near highways, dining, shopping, and stadiums.
      205 NE 22Nd St, Grand Prairie, TX 75050
      View Details
    • $1,950,000
      0.48 Acres

      Grand Prairie Office with Expansion Potential

      Versatile office building with expansion potential in high-traffic location.
      5535 Lake Ridge Pkwy, Grand Prairie, TX 75052
      View Details

    FAQs

    What type of property is this?
    Apartment building - Value-add multifamily opportunity in Grand Prairie near major employers.
    Where is this apartment building located?
    The property is located at 2401 Doreen St Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Value-add opportunity through renovation of remaining unit and maximizing rents.; - Higher than market rents currently achieved through Section 8 tenant base.; - Located near major employers and Interstate 30.
    (469) 554-0430
    Request Owner's contact information
    2401 Doreen St Grand Prairie, TX 75050
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2401 Doreen St
    Grand Prairie, TX 75050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 Doreen St Grand Prairie, TX 75050
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.