Duplex with Detached 2-Car
For Sale
Contact for pricing
4301 Vandelia Street, Dallas, TX 75219
Investor-friendly duplex with separate utilities, updated finishes, screened porches, and a detached two-car garage.
Property Size3,524 SF
Price / SF$319.24
Days on Market46
Property Features for 4301 Vandelia Street
General Information
Standard status
Active
Size
3,524 SF
Total Parking Spaces
2
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Central 75
Listed By:
Mike Medley · License #709378
Source:
Crexi
Added: Jun 18
Changed: Jul 10
Last Checked: Aug 1 at 2:43PM
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
Investment Insights
Based on property information with market context.
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.
Key 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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,321
Businesses Nearby
Explore this area
Business Placement
Demographics for 75219, TX
27,885
Population
19,190
Households
1.5
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
2.3 sq mi
ZIP Area
12,124
Density / Sq Mi
$92,541
Median Household Income
$70,549
Median Earnings
$1,751
Median Rent
$377,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
