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Individually Deeded Fourplex
New
For Sale
$668,000

4013 N Garland Avenue Unit 1, Garland, TX 75040

Four leased condominium residences are conveyed together as one multifamily acquisition.

Property Size4,089 SF
Price / SF$163.37
Days on Market4

Property Features for 4013 N Garland Avenue Unit 1

General Information

Standard status Active
Size 4,089 SF
Property subtype Quadruplex
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1984
Buildings 1
Listing Agency: Redfin Corporation
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 11 at 5:56AM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

This 4089 SF multifamily property contains four individually deeded condominium residences, all offered together in a single transaction. The units are fully leased, and the building was constructed in 1984. The separate deed structure distinguishes the ownership format from a conventional fourplex, subject to buyer verification of resale, leasing, and HOA requirements.

The property is located at 4013 N Garland Avenue Unit 1, Garland, TX 75040, near the Garland VA Medical Center and Valoris HealthPark Medical District. Regional access includes DART Rail, President George Bush Turnpike, and I-635, with connections to Downtown Dallas, Richardson, Plano, and surrounding employment centers. The source information also identifies nearby hospitals, universities, corporate employers, shopping, dining, and entertainment.

Key Highlights

  • Four individually deeded condominium units sold together
  • Fully leased multifamily property with 4089 SF
  • Building constructed in 1984

Property Analytics

Current Use

Winter Park Place Housing Development

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Kitchen & Bath Showroom Hair Salon Electrical Service

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

534
Businesses Nearby

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four leased condominium residences are conveyed together as one multifamily acquisition.
Where is this quadplex located?
The property is located at 4013 N Garland Avenue Unit 1 Garland, TX.
What is the asking price?
The asking price for this property is $668,000.
What are key features of this property?
This property features: Four individually deeded condominium units sold together; Fully leased multifamily property with 4089 SF; Building constructed in 1984
More about this property
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