Fully Occupied Fourplex with Assigned
New
For Sale
Under Contract
$1,075,000
3650 Rickshaw Drive, Dallas, TX 75229
MULTI_FAMILY - Dallas, TX
Property SizeContact for details
Lot Size0.23 Acres
Days on Market6
Property Features for 3650 Rickshaw Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 5, Bathroom 1, Bedroom 9, Bathroom 7, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 10, Bathroom 4, Bathroom 8, Bedroom 11, Bedroom 2, Bedroom 6, Bathroom 2
Parking
8
Parking features
Off Street, Alley, Assigned, Carport
Interior features
EatInKitchen, GraniteCounters, HighSpeedInternet, MultipleMasterSuites, Pantry, WalkInClosets
Fireplace
1
Appliances
Dishwasher, ElectricCooktop, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator
Subdivision
Walnut Gardens
Elementary school
Degolyer
Middle school
Marsh
High school
White
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
Please use GPS
Standard status
Active Under Contract
APN
00000586387000000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
WALNUT GARDENS BLK 9/6426 LT 6
Tax Annual Amount
19647
Legal Description
WALNUT GARDENS BLK 9/6426 LT 6
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1969
Floors in Building
2
Number of units
4
Flooring type
Tile, Carpet, Vinyl
Building materials
Brick
Roof type
Flat
Listing Agency:
Powerstar Realty
(855) 659-3400
Listed By:
Russell Thornton
(800) 952-8988
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 5 at 12:06AM
MLS# 21346390
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fully occupied fourplex featuring townhome-style residences. Each unit offers an approximate 1,600 square feet, three bedrooms, and two full baths, with spacious living and dining areas, abundant storage, oversized walk-in closets, and a unique floor plan that has supported long-term tenancy. Refrigerators are included, and interior finishes include eat-in kitchen features such as granite counters, with tile, carpet, and vinyl flooring throughout. The property has brick construction with a flat roof, electric and central heating, central air conditioning, and at least one fireplace. Parking includes one assigned covered space and one assigned uncovered space per unit, for eight assigned spaces total.
The current owner has completed several major capital improvements, including a foundation repair for Unit 3650 in 2023 and a complete sewer line replacement in 2024, along with fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. All four units are leased through 2027, supporting stable occupancy.
Conveniently located near I-35E and I-635, with access to Love Field Airport, Downtown Dallas, and the Medical District, the property is positioned for everyday retail and dining demand.
The current owner has completed several major capital improvements, including a foundation repair for Unit 3650 in 2023 and a complete sewer line replacement in 2024, along with fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. All four units are leased through 2027, supporting stable occupancy.
Conveniently located near I-35E and I-635, with access to Love Field Airport, Downtown Dallas, and the Medical District, the property is positioned for everyday retail and dining demand.
Key Highlights
- All four units are leased through 2027
- Foundation repair for Unit 3650 completed in 2023
- Complete sewer line replacement completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied fourplex with townhome-style units, assigned covered and uncovered parking, and recent foundation and sewer improvements.
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: All four units are leased through 2027; Foundation repair for Unit 3650 completed in 2023; Complete sewer line replacement completed in 2024
