Renovated Duplex Office
4216 East Side Avenue Dallas, TX 75226
4216 East Side Avenue, Dallas, TX, 75226
$629,000
For Sale
$629,000
Completely renovated duplex offering two office areas, a break room, and ample parking with a large backyard.
Property Size1,960 SF
Price / SF$320.92
Days on Market91
Property Features for 4216 East Side Avenue
General Information
- Standard status
- Active
- Size
- 1,960 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1924
Listing agency
Keller Williams Central
(214) 677-5470
Listed by
Sahereh Shahroudi · License #0715277
(214) 677-5470
Source
Compass
Added: Apr 22 Updated: Jul 20 at 10:52PM Checked: Jul 21 at 6:04AM
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 Keller Williams Central
Investment Insights
Based on property information with market context.
This completely renovated duplex can be used as commercial space or as two residential units. The layout includes two offices, a break room/kitchen, and an entrance or waiting area. Updates noted in the property include a new roof, foundation work, brand-new windows, a new kitchen, and new AC, with improvements described as completed top to bottom.
The property is located at 4216 East Side Avenue in Dallas and offers plenty of parking and a big backyard. It is currently leased, with both short-term and long-term leases described as welcome.
In addition to the commercial setup, the duplex is also described as convertible to two residential properties with two bedrooms and one bathroom on each side.
The property is located at 4216 East Side Avenue in Dallas and offers plenty of parking and a big backyard. It is currently leased, with both short-term and long-term leases described as welcome.
In addition to the commercial setup, the duplex is also described as convertible to two residential properties with two bedrooms and one bathroom on each side.
Key Highlights
- Completely renovated duplex that can be used as commercial or residential, with the option to live in one side and rent the other
- Interior includes two office areas, a break room/kitchen, and an entrance or waiting area
- Central HVAC with central heating and central air; appliances include dishwasher, electric cooktop, electric oven, and electric range
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.8k | $27.96 |
| − Vacancy | −$5.6k | −$2.84 |
| EGI | $49.2k | $25.12 |
| − OpEx | −$14.8k | −$7.54 |
| NOI | $34.5k | $17.58 |
1,960 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $112,683 @ 7.0% cap · market cap 17.91%
Second Best
Multifamily LT 5
$492.3K
$430.8K – $574.4K
NOI $34,464 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$2.35M
$2.06M – $2.74M
NOI $164,629 @ 7.0% cap · market cap 26.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Completely renovated duplex offering two office areas, a break room, and ample parking with a large backyard.
Where is this duplex located?
The property is located at 4216 East Side Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Completely renovated duplex that can be used as commercial or residential, with the option to live in one side and rent the other; Interior includes two office areas, a break room/kitchen, and an entrance or waiting area; Central HVAC with central heating and central air; appliances include dishwasher, electric cooktop, electric oven, and electric range
