4002 Prescott Avenue, Dallas, TX 75219

Built in 1929, this 12-unit multifamily property at 4002 Prescott Ave combines historic character with practical updates. The units retain period details including original hardwood flooring, vintage cabinetry, and classic countertops. The property includes twelve residential units plus an additional apartment above the carport. Ownership has maintained the asset with key capital improvements, including updated plumbing, electrical systems, and a roof, helping reduce near-term deferred maintenance concerns. The property is offered as-is, with one of the units currently occupied by the owner.

The asset is located in the Oak Lawn corridor and positioned on approximately a quarter-acre lot. It is described as minutes from Highland Park and the Lemmon Avenue corridor, with immediate access to restaurants, grocery stores, retail, and everyday conveniences.

For tenants and buyers seeking an income-producing residential asset, the current in-place rent provides a baseline of approximately $1,200 per unit in monthly rent. The combination of preserved interior features and maintained building systems supports ongoing residential use. With an additional apartment above the carport and a long record of on-site stewardship since 1996, this property is presented as a stable, character-rich option within a highly regarded rental submarket.