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Townhome-Style Quadplex with Covered Parking
New
For Sale
$1,075,000

3650 Rickshaw Drive, Dallas, TX 75229

Four fully leased residences feature three-bedroom layouts, private storage, and assigned covered and uncovered parking.

Property Size6,608 SF
Days on Market3

Property Features for 3650 Rickshaw Drive

General Information

Standard status Active
Size 6,608 SF
Total Parking Spaces 8
Property subtype Quadruplex
Occupancy 100%

Units

Multifamily Units 4
Parking per Unit 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $19,647

Building Details

Building Size 6,608 SF
Year Built 1969
Listing Agency: Powerstar Realty
Listed By: Russell Thornton
Source: Nilesrealtygroup
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 8:52AM

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 Powerstar Realty

Investment Insights

Based on property information with market context.

This quadplex contains four townhome-style residences, each measuring approximately 1,600 SF with 3 bedrooms, 2 full baths, living and dining areas, refrigerators, substantial storage, and oversized walk-in closets. The property provides eight assigned parking spaces, with one covered and one uncovered space allocated to each residence. All four units are leased through 2027.

Completed property work includes foundation repair at Unit 3650 in 2023, replacement of the sewer line in 2024, updated interior and exterior paint, refreshed landscaping, exterior improvements, and ongoing preventative maintenance. Built in 1969, the asset is positioned near I-35E, I-635, Love Field Airport, Downtown Dallas, and the Medical District, with access to nearby retail, dining, and daily services.

Key Highlights

  • Four townhome‑style units, each approximately 1,600 SF with 3 bedrooms and 2 full baths
  • Eight assigned parking spaces: one covered and one uncovered space per unit
  • All four residences leased through 2027

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Dental Office Spa & Massage Center

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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 75229, TX

33,168
Population
12,542
Households
2.6
Avg Household Size
37
Median Age
50%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
2,675
Density / Sq Mi
$121,381
Median Household Income
$52,169
Median Earnings
$1,522
Median Rent
$598,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four fully leased residences feature three-bedroom layouts, private storage, and assigned covered and uncovered parking.
Where is this quadplex located?
The property is located at 3650 Rickshaw Drive Dallas, TX.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Four townhome‑style units, each approximately 1,600 SF with 3 bedrooms and 2 full baths; Eight assigned parking spaces: one covered and one uncovered space per unit; All four residences leased through 2027
More about this property
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