Multifamily Opportunity in The
2718 Cleveland St, Dallas, TX 75215
Call to check price and availability
Value-add multifamily property in a rapidly transforming Dallas neighborhood.
Type:Multifamily
Property size:
8,000 SFPrice / SF:
$124/SF- Added:
- Feb 3, 2026
- Days on Market:
- 107
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 2718 Cleveland St
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agent Matteo Faeth License #TX 619346
Listing office Dallas Property Advisors (469) 554-0430
Listing date Feb 3, 2026
Source Crexi
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 Dallas Property Advisors
HighLights
- Value‑add opportunity in The Cedars, a rapidly transforming neighborhood near Downtown Dallas and Deep Ellum.
- Rare, oversized unit layouts: four 4‑bedroom and four 3‑bedroom units.
- Clear value‑add business plan: interior renovations to increase rents.
- Opportunity to shift electricity costs to tenants, increasing NOI.
- Immediate access to major employment centers and entertainment districts.
- Potential for property tax appeals to reduce expenses.
Overview
2718 Cleveland is an 8-unit multifamily property located in The Cedars, a rapidly transforming neighborhood south of Downtown Dallas and Deep Ellum. The property benefits from access to employment centers, entertainment districts, and neighborhood reinvestment. The asset features oversized unit layouts comprised of four 4-bedroom units and four 3-bedroom units. This unit mix positions the property to serve family and roommate demand within an urban submarket. The investment offers a value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI. The property size is 8000 square feet. The location, unit mix, and paths to income growth present an opportunity for investors seeking cash flow with upside in a high-growth Dallas submarket.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.781369
- Latitude
- 32.762399
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in a rapidly transforming Dallas neighborhood.
Where is this apartment building located?
The property is located at 2718 Cleveland St Dallas, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Value‑add opportunity in The Cedars, a rapidly transforming neighborhood near Downtown Dallas and Deep Ellum.; Rare, oversized unit layouts: **four 4‑bedroom and four 3‑bedroom units.**; Clear value‑add business plan: interior renovations to increase rents.
