Renovated
New
For Sale
$699,900
112 N Adams Avenue, Dallas, TX 75208
Renovated duplex with two units, each with private fenced yards and patio spaces.
Days on Market3
Property Features for 112 N Adams Avenue
General Information
Standard status
Active
Property subtype
Duplex
Amenities
private fenced yards
patio spaces
Building Details
Building Size
2,088 SF
Year Built
1945
Buildings
1
Tenancy
Multi
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
John Weber · License #0505479
Source:
Nilesrealtygroup
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 10:03PM
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 Compass RE Texas, LLC.
Investment Insights
Based on property information with market context.
110-112 N Adams Ave is a renovated duplex built in 1945, offering two well-designed units with functional open layouts. One unit features 3 bedrooms and 1 bathroom, and the other offers 2 bedrooms and 1 bathroom. Updates throughout include quartz countertops, newer cabinetry, and updated appliances in the kitchens, along with luxury vinyl plank flooring, upgraded lighting fixtures, and fresh paint.
Both units include private fenced yards and patio spaces, creating an outdoor area for everyday living. The property is currently operating as a short-term rental, providing a proven operating setup with the opportunity to continue as an income property.
Located in the Bishop Arts District within Oak Cliff in Dallas, the duplex benefits from a neighborhood setting that is seeing active redevelopment.
Both units include private fenced yards and patio spaces, creating an outdoor area for everyday living. The property is currently operating as a short-term rental, providing a proven operating setup with the opportunity to continue as an income property.
Located in the Bishop Arts District within Oak Cliff in Dallas, the duplex benefits from a neighborhood setting that is seeing active redevelopment.
Key Highlights
- Renovated duplex at 110‑112 N Adams Ave built in 1945
- Two units: one with 3 bedrooms and 1 bathroom, one with 2 bedrooms and 1 bathroom
- Quartz countertops, newer cabinetry, and updated kitchen appliances
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $27.96 |
| − Vacancy | −$5.9k | −$2.84 |
| EGI | $52.4k | $25.12 |
| − OpEx | −$15.7k | −$7.54 |
| NOI | $36.7k | $17.58 |
2,088 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$524.5K
$458.9K – $611.9K
NOI $36,714 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$453.6K
$396.9K – $529.2K
NOI $31,750 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,380 @ 7.0% cap · market cap 25.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,475
Businesses Nearby
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex with two units, each with private fenced yards and patio spaces.
Where is this duplex located?
The property is located at 112 N Adams Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Renovated duplex at 110‑112 N Adams Ave built in 1945; Two units: one with 3 bedrooms and 1 bathroom, one with 2 bedrooms and 1 bathroom; Quartz countertops, newer cabinetry, and updated kitchen appliances
