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

3650 Rickshaw Drive, Dallas, TX 75229

ResidentialIncome, Dallas, TX

Property SizeContact for details
Lot Size0.23 Acres
Days on Market42

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 1, Bedroom 7, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 11, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 10, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 12, Bedroom 3, Bedroom 9, Bathroom 7, Bathroom 8, Bedroom 2
Parking 8
Parking features Alley, Assigned, Off Street, 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
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 Central, Electric (Heating)
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Building Details

Year built 1969
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet, Tile
Building materials Brick
Roof type Flat
Listing Agency: Powerstar Realty
Listed By: Russell Thornton
Added: Jul 31 Changed: Sep 4 Last Checked: Sep 10 at 8:06AM
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.

This four-unit residential income property is configured as townhome-style residences, with each unit offering approximately 1,600 square feet, three bedrooms, two full bathrooms, living and dining areas, an eat-in kitchen, pantry, refrigerators, and oversized walk-in closets. The brick building was constructed in 1969 and includes central air, electric heating, public water, public sewer, and a combination of vinyl, carpet, and tile flooring. Each residence has one assigned covered space and one assigned uncovered space, providing eight assigned parking spaces in total.

All four units are leased through 2027. Recent property work includes foundation repair at Unit 3650 in 2023, complete sewer line replacement in 2024, interior and exterior painting, landscaping updates, and other exterior improvements. The Dallas property is near 35E, 635, Love Field, Downtown Dallas, and the Medical District, with access to nearby retail, dining, and everyday amenities.

Key Highlights

  • Four‑unit quadplex with approximately 1,600 sqft per residence
  • All 4 units leased through 2027
  • Each unit includes 1 assigned covered and 1 assigned uncovered parking space; 8 assigned spaces total

Property Analytics

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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
Multi-tenant
Tenancy
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
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied townhome-style 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‑unit quadplex with approximately 1,600 sqft per residence; All 4 units leased through 2027; Each unit includes 1 assigned covered and 1 assigned uncovered parking space; 8 assigned spaces total
More about this property
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