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17-Room Apartment Building
For Sale
$225,000

3528 Colonial Ave, Dallas, TX 75215

Room-based residential property with five bathrooms and a 1916 construction date.

Property Size3,252 SF
Price / SF$69.19
Days on Market83

Property Features for 3528 Colonial Ave

General Information

Standard status Active
Size 3,252 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Building Details

Year Built 1916
Listing Agency: Keller Williams Urban Dallas
Listed By: Matt Templeton · License #0680490
Source: Thebryandavisgroup
Added: Jul 25 Changed: Oct 9 Last Checked: Oct 7 at 2:30PM

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 Keller Williams Urban Dallas

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Investment Insights

Based on property information with market context.

This 3,252-square-foot apartment building contains 17 rooms and 5 bathrooms. Constructed in 1916, the property offers a room-based residential layout in an established Dallas setting.

The property is located at 3528 Colonial Ave near I-45, with access to the Farmer’s Market, Deep Ellum, Downtown, the Cedars, and Uptown Dallas. The Forest Theatre corridor is nearby, along with schools, retail, and restaurants. Cesar Chavez Blvd provides an additional connection to surrounding Dallas districts.

The surrounding area also includes St. Phillips and Cornerstone, with development activity described around the Forest Theatre corridor. The combination of a substantial room count, five bathrooms, and a central South Dallas location defines the property’s existing configuration.

Key Highlights

  • 17‑room apartment building with 5 bathrooms
  • 3,252 SF building constructed in 1916
  • Located at 3528 Colonial Ave, Dallas, TX 75215

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Bakery Kitchen & Bath Showroom Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Room-based residential property with five bathrooms and a 1916 construction date.
Where is this apartment building located?
The property is located at 3528 Colonial Ave Dallas, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 17‑room apartment building with 5 bathrooms; 3,252 SF building constructed in 1916; Located at 3528 Colonial Ave, Dallas, TX 75215
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