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2009-2011 North Prairie Avenue Unit 2009/2011, Dallas, TX, 75204
Gated Entry Duplex with Balconies

2009-2011 North Prairie Avenue Unit 2009/2011 Dallas, TX 75204

For Sale
$1,799,992

Contemporary duplex with two suites per unit, an entertainment-focused kitchen, and multiple outdoor spaces, currently used as an Airbnb.

Property Size6,296 SF
Price / SF$285.89
Days on Market217

Property Features for 2009-2011 North Prairie Avenue Unit 2009/2011

General Information

Standard status Active
Size 6,296 SF
Property subtype Multi-Family / Full Duplex

Building Details

Year Built 2017
Listing Agency: Twenty-Two Realty
Listed By: Lanae Humbles · License #0610093
Source: Compass
Added: Dec 22, 2025 Changed: Jul 22 Last Checked: Jul 27 at 12:32PM

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 Twenty-Two Realty

Investment Insights

Based on property information with market context.

Contemporary duplex with a gated entry and freshly painted interiors. Each unit features an open-concept layout with a bright foyer, tall ceilings, and hardwood flooring, along with a downstairs living and dining area anchored by a cozy fireplace. The kitchen includes stainless appliances, a gas range with pot filler, a large breakfast island, and a massive walk-in pantry with built-in storage. Additional conveniences include a mudroom off the garage. Upstairs, you’ll find a game room and an oversized laundry room with built-in cabinets and counter space. Primary suites are described as having soaking tubs, double sinks, and separate showers with body sprays, plus custom closet space; there is also a second primary suite for flexible co-living or multi-generational use. Outdoor areas include multiple balconies and a large covered patio, supported by a tall privacy fence and low-maintenance landscaping.

The property is located in Dallas at 2009–2011 North Prairie Avenue and is described as being near parks, recreational facilities, shopping, restaurants, and entertainment options including Deep Ellum, as well as the Baylor Medical District.

The duplex is currently being used as an Airbnb and is described as including two fully furnished, revenue-generating properties.

Key Highlights

  • 2‑unit contemporary duplex built in 2017 with slab foundation and 2 stories
  • Total living area of 6,296 SF and open floorplan with hardwood flooring, cathedral/vaulted ceilings, and built‑in features
  • Each unit offers a primary suite plus a second primary suite for in‑law or multi‑generational use

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 $176.0k $27.96
− Vacancy −$17.9k −$2.84
EGI $158.2k $25.12
− OpEx −$47.4k −$7.54
NOI $110.7k $17.58
6,296 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.85M (±1% cap)
NOI $110,706 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,737 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$7.55M
$6.61M – $8.81M (±1% cap)
NOI $528,828 @ 7.0% cap · market cap 29.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Butcher Kitchen & Bath Showroom Plumbing Service Clothing & Fashion Store Florist

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Contemporary duplex with two suites per unit, an entertainment-focused kitchen, and multiple outdoor spaces, currently used as an Airbnb.
Where is this duplex located?
The property is located at 2009-2011 North Prairie Avenue Unit 2009/2011 Dallas, TX.
What is the asking price?
The asking price for this property is $1,799,992.
What are key features of this property?
This property features: 2‑unit contemporary duplex built in 2017 with slab foundation and 2 stories; Total living area of 6,296 SF and open floorplan with hardwood flooring, cathedral/vaulted ceilings, and built‑in features; Each unit offers a primary suite plus a second primary suite for in‑law or multi‑generational use
More about this property
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