New Construction Duplex with Private
New
For Sale
$720,000
1902 & 1904 Warren Avenue, Dallas, TX 75215
MULTI_FAMILY - Dallas, TX
Property Size3,442 SF
Lot Size0.29 Acres
Price / SF$209.18
Days on Market4
Property Features for 1902 & 1904 Warren Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
8
Full bathrooms
6
Half bathrooms
2
Rooms
Bathroom 7, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 8
Parking
4
Parking features
Garage, Driveway, Open
Patio and Porch features
Patio
Interior features
BuiltInFeatures, Chandelier, DryBar, DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, VaultedCeilings, NaturalWoodwork, WalkInClosets, WiredForSound
Exterior features
PrivateYard, RainGutters
Fencing
Fenced, Gate
Fireplace
1
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, VentedExhaustFan
Subdivision
Doerrings W C
Lot features
Acreage
Elementary school
Dunbar
Middle school
Dade
High school
Madison
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
See GPS
Standard status
Active
APN
00000143485000000
Lot size
0.29 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Fireplace(s), Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
BoardAndBattenSiding, Brick
Roof type
Composition, Shingle
Listing Agency:
Monument Realty
(214) 705-7827
Listed By:
Malia Leslie
(214) 705-7827
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 3:06AM
MLS# 21344083
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.
New construction duplex at 1902 & 1904 Warren Avenue, Dallas, with approximately 1,721 square feet per side. Each unit is configured with three private suites, with every bedroom featuring its own full bath and walk-in closet. A powder bath is located downstairs, along with upgraded interior finishes including quartz slab backsplash, a pot filler, linear LED fireplace, freestanding soaking tub, rain shower head, and built-ins under the stair. Stainless steel oven, microwave, and dishwasher are included, and each side offers a two-car garage.
The property is in the 75215 area, with Fair Park listed as under one mile away and Deep Ellum, Downtown, and Baylor listed as just under two miles.
The duplex provides two separate sides and two finish packages, offering a straightforward setup for an owner to use one side while renting the other, or for investors seeking two units under one roof.
The property is in the 75215 area, with Fair Park listed as under one mile away and Deep Ellum, Downtown, and Baylor listed as just under two miles.
The duplex provides two separate sides and two finish packages, offering a straightforward setup for an owner to use one side while renting the other, or for investors seeking two units under one roof.
Key Highlights
- New construction duplex, 1,721 SF per side (Year built 2026) with under‑construction status
- Three private suites per unit; every bedroom has its own full bath and walk‑in closet
- Each side includes a 2‑car garage plus driveway parking
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 | $96.2k | $27.96 |
| − Vacancy | −$9.8k | −$2.84 |
| EGI | $86.5k | $25.12 |
| − OpEx | −$25.9k | −$7.54 |
| NOI | $60.5k | $17.58 |
3,442 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$864.6K
$756.5K – $1.01M
NOI $60,522 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$747.7K
$654.2K – $872.3K
NOI $52,339 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M
NOI $289,108 @ 7.0% cap · market cap 40.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 75215, TX
18,806
Population
8,481
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
73%
High-School Grad
7.7 sq mi
ZIP Area
2,442
Density / Sq Mi
$41,388
Median Household Income
$34,114
Median Earnings
$1,209
Median Rent
$137,700
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 - Each side offers three private bedroom suites, a powder bath downstairs, and a two-car garage in a new duplex.
Where is this duplex located?
The property is located at 1902 & 1904 Warren Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: New construction duplex, 1,721 SF per side (Year built 2026) with under‑construction status; Three private suites per unit; every bedroom has its own full bath and walk‑in closet; Each side includes a 2‑car garage plus driveway parking
