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Individually Deeded Fourplex
For Sale
$668,000

1-4013 N Garland Ave, Garland, TX 75040

Four condominium residences are sold together as one income-producing multifamily property.

Property Size4,089 SF
Price / SF$163.37
Days on Market28

Property Features for 1-4013 N Garland Ave

General Information

Standard status Active
Size 4,089 SF
Property subtype Residential Income
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,076

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Redfin Corporation
Listed By: Cristina Rosenthal · License #0822269
Source: Exprealty
Added: Aug 5 Changed: Aug 31 Last Checked: Aug 30 at 11:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corporation

Investment Insights

Based on property information with market context.

This 4,089-square-foot quadplex comprises four individually deeded condominium units offered together in a single transaction. The entire building is fully leased, providing one acquisition with four residential income-producing units and a distinct ownership structure compared with a conventional fourplex. Buyer to verify future resale, leasing, and HOA requirements.

The property is located at 1-4013 N Garland Ave in Garland, Texas, near the Garland VA Medical Center and the Valoris HealthPark Medical District. Access to DART Rail, President George Bush Turnpike, and I-635 connects the property with Downtown Dallas, Richardson, Plano, and surrounding employment centers. Nearby healthcare campuses, universities, corporate employers, shopping, dining, and entertainment add to the surrounding residential context.

Key Highlights

  • Four individually deeded condominium units sold together
  • 4,089‑square‑foot multifamily building
  • Fully leased income‑producing property

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four condominium residences are sold together as one income-producing multifamily property.
Where is this quadplex located?
The property is located at 1-4013 N Garland Ave Garland, TX.
What is the asking price?
The asking price for this property is $668,000.
What are key features of this property?
This property features: Four individually deeded condominium units sold together; 4,089‑square‑foot multifamily building; Fully leased income‑producing property
More about this property
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