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Four-Unit Duplex Property
For Sale
$500,000

2313 Fernwood Avenue, Dallas, TX 75216

Two matching duplex buildings offer consistent layouts, central air, and dedicated parking across the assembled property.

Property Size4,256 SF
Price / SF$117.48
Days on Market202

Property Features for 2313 Fernwood Avenue

General Information

Standard status Active
Size 4,256 SF
Total Parking Spaces 8
Property subtype Multi-Family / Full Duplex

Units

Unit Mix 4 x 3BR/2BA
Multifamily Units 4
Parking per Unit 2

Amenities

Ceiling Fan(s), Central Air, Electric
Central, Electric
Carpet, Laminate
Electric Range, Refrigerator, Vented Exhaust Fan
4256.0
High Speed Internet Available
No
Composition
One
1
Pillar/Post/Pier
Assessor
4
Siding

Building Details

Year Built 2004
Buildings 2
Listing Agency: Berkshire HathawayHS PenFed TX
Listed By: Russell Rhodes · License #0484034
Source: Compass
Added: Feb 11 Changed: Aug 30 Last Checked: Aug 30 at 10:43PM

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 Berkshire HathawayHS PenFed TX

Investment Insights

Based on property information with market context.

This assembled residential income property includes two full duplex buildings sold together at 2313 and 2317 Fernwood Avenue in Dallas. The four units provide a consistent configuration, with each residence offering three bedrooms, two full bathrooms, a functional kitchen, living space, and two dedicated parking spaces. Combined building size is 4,256 square feet.

Constructed in 2004, the property features central electric air conditioning, electric appliances, ceiling fans, carpet and laminate flooring, siding, and pillar/post/pier construction. The two duplexes must be purchased together, creating a single four-unit offering with matching layouts across the buildings.

Key Highlights

  • Four total units across two full duplex buildings
  • Each unit includes 3 bedrooms and 2 full bathrooms
  • Each residence has 2 dedicated parking spaces

Property Analytics

Current Use

Solar Panels Dallas Solar Energy Company

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Dental Office Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 75216, TX

55,759
Population
20,612
Households
2.7
Avg Household Size
34
Median Age
9%
College-Educated
70%
High-School Grad
14.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$37,613
Median Household Income
$31,020
Median Earnings
$1,169
Median Rent
$138,900
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?
Duplex - Two matching duplex buildings offer consistent layouts, central air, and dedicated parking across the assembled property.
Where is this duplex located?
The property is located at 2313 Fernwood Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four total units across two full duplex buildings; Each unit includes 3 bedrooms and 2 full bathrooms; Each residence has 2 dedicated parking spaces
More about this property
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