Duplex with Detached 2-Car
4301 Vandelia Street, Dallas, TX 75219
Investor-friendly duplex with separate utilities, updated finishes, screened porches, and a detached two-car garage.
Type:Multifamily
Property size:
3,524 SFPrice / SF:
$319/SF- Added:
- Jun 18, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 24 at 3:45 am
Property Features for 4301 Vandelia Street
General Information
- Standard status
- Active
- Size
- 3,524 SF
- Property subtype
- Multifamily
Listing office Keller Williams Central 75
Listing date Jun 18, 2026
Source Crexi
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 75
HighLights
- Independent duplex at Perry Heights with 3 bedrooms and 2 full baths per unit
- Updated bathrooms and hardwood floors, with large, well‑spaced rooms
- Side screened porches per unit plus a walk‑in lobby and a study or nook
- Separate electric and water connections for each unit; downstairs unit has a long‑term tenant
- Upstairs unit currently operates as a short‑term rental, with furniture and household goods negotiable in contract
- Detached 2‑car garage and a fully renovated additional 300 SF room behind the duplex with AC
Overview
This sought-after independent duplex features two units with three bedrooms and two full baths per side. Both units include updated bathrooms and hardwood floors, with large, well-spaced rooms and side screened porches. Each unit is set up with its own electric and water connections for tenants, along with a walk-in lobby plus a study or nook.
The property is located in Perry Heights, next to Highland Park, in a quiet residential setting. A walkable feel inside the layout is supported by shared exterior gathering space, including a large, pet-friendly backyard. A detached two-car garage adds off-street parking and storage utility for tenants and guests.
The upstairs unit is currently operated as a short-term rental and can continue to operate, while the downstairs unit has a long-term tenant. The listing notes that furniture, electronics, and household goods are negotiable during the contract, which may simplify transition for an owner-operator. In addition, there is a fully renovated 300-square-foot room behind the duplex with AC, paint, and flooring, offering flexible options for use as a studio, gym, storage room, game room, or media room.
The property is located in Perry Heights, next to Highland Park, in a quiet residential setting. A walkable feel inside the layout is supported by shared exterior gathering space, including a large, pet-friendly backyard. A detached two-car garage adds off-street parking and storage utility for tenants and guests.
The upstairs unit is currently operated as a short-term rental and can continue to operate, while the downstairs unit has a long-term tenant. The listing notes that furniture, electronics, and household goods are negotiable during the contract, which may simplify transition for an owner-operator. In addition, there is a fully renovated 300-square-foot room behind the duplex with AC, paint, and flooring, offering flexible options for use as a studio, gym, storage room, game room, or media room.
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 | $98.5k | $27.96 |
| − Vacancy | −$10.0k | −$2.84 |
| EGI | $88.5k | $25.12 |
| − OpEx | −$26.6k | −$7.54 |
| NOI | $62.0k | $17.58 |
3,524 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$885.2K
$774.6K – $1.03M
NOI $61,964 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$765.5K
$669.8K – $893.1K
NOI $53,586 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,996 @ 7.0% cap · market cap 26.31%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.8143602
- Latitude
- 32.814518
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Investor-friendly duplex with separate utilities, updated finishes, screened porches, and a detached two-car garage.
Where is this duplex located?
The property is located at 4301 Vandelia Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Independent duplex at Perry Heights with 3 bedrooms and 2 full baths per unit; Updated bathrooms and hardwood floors, with large, well‑spaced rooms; Side screened porches per unit plus a walk‑in lobby and a study or nook
