Value-Add Multifamily Portfolio
1516 W 7th Street Irving, TX 75060
New
1516 W 7th Street, Irving, TX, 75060
$1,850,000
Pending
For Sale
$1,850,000
Pending
MULTI_FAMILY - Irving, TX
Lot Size0.88 Acres
Days on Market3
Property Features for 1516 W 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 20
- Bathrooms
- 12
- Rooms
- Bedroom 14, Bedroom 18, Bedroom 10, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 20, Bedroom 19, Bedroom 12, Bedroom 5, Bedroom 8, Bedroom 15, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bathroom 7, Bathroom 6, Bathroom 12, Bathroom 9, Bathroom 1, Bedroom 16, Bedroom 2, Bedroom 4, Bathroom 8, Bedroom 11, Bedroom 17, Bedroom 13, Bathroom 3, Bedroom 9, Bathroom 10, Bathroom 11
- Parking features
- Garage
- Interior features
- BuiltInFeatures, DecorativeDesignerLightingFixtures, CableTv
- Appliances
- Dishwasher, Disposal, VentedExhaustFan
- Standard status
- Pending
- APN
- 32221500000470100
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Description
- IRVING PARK ACRES LT 47 LESS ROW ACS 0.9469 C
- Tax Annual Amount
- 37106
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 2
- Number of units
- 10
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
24fifteen Realty
(972) 942-0222
Austin, TX
Listed by
Diane Carpenter · License #0789408
(512) 770-6526
Added: Jul 17 Checked: Jul 19 at 5:06 am
MLS# 21231711
Listing URL
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Investment Insights
Based on property information with market context.
This value-add multifamily property offers an investor-oriented setup with 10 total units across four tenant buildings, plus an additional building for storage. Units feature functional layouts with 1-, 2-, and 3-bedroom choices, supporting a mix of renter profiles. The current operations provide a base for further income enhancement, with upside anticipated through strategic rental adjustments and interior and exterior updates, along with operational efficiency improvements.
Located in Irving in the Dallas-Fort Worth market, the property is described as being within a strong rental corridor and benefits from a convenient position between Dallas and Fort Worth. The offering includes a solid NOI profile as presented in the remarks, with additional financials, rent roll, and further property details available upon request.
For buyers or portfolio investors, this asset is positioned as a practical candidate for expanding or diversifying rental holdings where both stability and measurable opportunity for improvement are part of the thesis. If you’re looking for a manageable multi-building structure with clear value-add levers, this property merits review as part of a broader income strategy.
Located in Irving in the Dallas-Fort Worth market, the property is described as being within a strong rental corridor and benefits from a convenient position between Dallas and Fort Worth. The offering includes a solid NOI profile as presented in the remarks, with additional financials, rent roll, and further property details available upon request.
For buyers or portfolio investors, this asset is positioned as a practical candidate for expanding or diversifying rental holdings where both stability and measurable opportunity for improvement are part of the thesis. If you’re looking for a manageable multi-building structure with clear value-add levers, this property merits review as part of a broader income strategy.
Key Highlights
- 10‑unit multifamily property with multiple 1-, 2-, and 3‑bedroom options
- Four tenant buildings plus an additional building for storage
- Built in 1972; brick construction with an asphalt roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Ten-unit multifamily with 1-, 2-, and 3-bedroom options, positioned for income growth through targeted improvements.
Where is this apartment building located?
The property is located at 1516 W 7th Street Irving, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 10‑unit multifamily property with multiple 1-, 2-, and 3‑bedroom options; Four tenant buildings plus an additional building for storage; Built in 1972; brick construction with an asphalt roof
