Turnkey 5-Unit Townhome Community

4223 Delano Place Dallas, TX 75204

Claim this Listing
For Sale
$2,495,000

MULTI_FAMILY - Dallas, TX

Lot size:
0.16 Acres
Added:
Apr 2, 2026
Days on Market:
99
Last Refresh:
Jul 9 at 11:06 pm

Property Features for 4223 Delano Place

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
14
Rooms
Bathroom 9, Bathroom 11, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 5, Bathroom 14, Bedroom 7, Bedroom 4, Bathroom 13
Parking
9
Parking features
Garage, Driveway
Security features
Security
Interior features
DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, WalkInClosets
Fencing
Fenced
Appliances
Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, TanklessWaterHeater, VentedExhaustFan
Standard status
Active
APN
00000118882000000
Lot size
0.16 Acres

Taxes and HOA fees

Tax Description
HASKELL PLACE BLK A/657 LT 10
Tax Annual Amount
46839

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
2021
Floors in Building
3
Number of units
5
Flooring type
Tile, Wood, Carpet
Building materials
FiberCement, WoodSiding
Roof type
Flat

Listing agent Alan Sahliyeh License #0619808

Listing office Compass RE Texas, LLC. Dallas, TX

Listing date Apr 2, 2026

MLS# 21217731 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This turnkey, condo-platted 5-unit townhome community is fully leased and ready for new ownership. Constructed in 2021, the property includes four spacious 2-bedroom, 2.1-bath units and one 1-bedroom, 1.5-bath unit. Interiors feature open-concept floor plans with abundant natural light, granite countertops throughout, and well-appointed living spaces designed for modern renters. All bedrooms are privately located on the third floor, creating clear separation between living and sleeping areas. A major highlight is the private rooftop deck for every unit, each finished with turf and described as offering impressive skyline views—ideal for outdoor entertaining or relaxing.

Situated in highly sought-after East Dallas, the community is positioned within walking distance to popular dining, retail, and entertainment destinations. The offering is presented as a rare investment opportunity that combines in-place income with long-term upside.

For investors or buyers seeking a stabilized, immediately generating asset, the current lease-up provides starting cash flow without the need for unit turnover. The 1-bedroom unit is also noted as operating as a short-term rental, adding flexibility to revenue strategy while supporting the broader income profile of the property.

Key Highlights

  • 5‑unit platted townhome community built in 2021, fully leased
  • Unit mix: four 2‑bedroom/2.1‑bath units and one 1‑bedroom/1.5‑bath unit
  • Open floor plan in each unit with granite countertops, kitchen island, and walk‑in closets

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Home Appliance Store Butcher Food Market Nursing Home Nursing Home Florist Electrical Service Restaurant Clothing & Fashion Store Adult Day Care

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

FAQs

What type of property is this?
Apartment building - Built in 2021 with private rooftop decks, this fully leased 5-unit condo community delivers stable, immediate rental income.
Where is this apartment building located?
The property is located at 4223 Delano Place Dallas, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 5‑unit platted townhome community built in 2021, fully leased; Unit mix: four 2‑bedroom/2.1‑bath units and one 1‑bedroom/1.5‑bath unit; Open floor plan in each unit with granite countertops, kitchen island, and walk‑in closets
Contact an agent
More about this property
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