Updated Historic
New
For Sale
$750,000
4630 Junius Street, Dallas, TX 75246
Four one-bedroom residences retain period details alongside updated appliances and finishes.
Property Size3,296 SF
Days on Market4
Property Features for 4630 Junius Street
General Information
Standard status
Active
Size
3,296 SF
Property subtype
Quadruplex
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Average Monthly Rent
$1,550
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$13,634
Amenities
hardwood floors
claw-foot tubs
second-story deck
fenced backyard
pergola
washer and dryer
Building Details
Building Size
3,296 SF
Year Built
1912
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Central
(469) 467-7755
Listed By:
Mike Medley · License #709378
Source:
Nilesrealtygroup
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 3:03PM
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.
Built in 1912, this four-unit multifamily property combines historic detailing with contemporary updates. Each residence offers one bedroom and one bathroom, along with hardwood floors, claw-foot tubs, updated appliances, a stove, refrigerator, washer, and dryer. Fireplaces are decorative, and Unit A includes a gas stove.
Shared outdoor amenities include a second-story deck, a fenced backyard, a pergola, and mature trees. The property is in the Historic District of Peak's Suburban Addition at 4630 Junius Street in Dallas, with parks and local shops located just blocks away. Deep Ellum, Downtown Dallas, and Uptown are accessible from the property. The owner pays water, while tenants cover their remaining utilities. All four units are currently leased.
Shared outdoor amenities include a second-story deck, a fenced backyard, a pergola, and mature trees. The property is in the Historic District of Peak's Suburban Addition at 4630 Junius Street in Dallas, with parks and local shops located just blocks away. Deep Ellum, Downtown Dallas, and Uptown are accessible from the property. The owner pays water, while tenants cover their remaining utilities. All four units are currently leased.
Key Highlights
- Four 1‑bedroom, 1‑bath units in a 1912 quadplex
- Located in the Historic District of Peak's Suburban Addition
- Hardwood floors and claw‑foot tubs preserve historic character
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,159,100
$1.2M
Cap Rate 7%
$827,929
$827.9K
Cap Rate 9%
$643,944
$643.9K
Market Conditions
NOI Build-Up for 3,296 SF
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.
Gross rent
$92.2K $27.96/SF
− Vacancy
−$9.4K −$2.84/SF
EGI
$82.8K $25.12/SF
− OpEx
−$24.8K −$7.54/SF
NOI
$58.0K $17.58/SF
Area
Dallas, TX
Vacancy
10.16%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,159,100
Cap Rate 7%
$827,929
Cap Rate 9%
$643,944
Alternative Uses
Best Use
Multifamily LT 5
$827.9K
$724.4K – $965.9K
NOI $57,955 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$716.0K
$626.5K – $835.3K
NOI $50,119 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,845 @ 7.0% cap · market cap 36.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,334
Businesses Nearby
Explore this area
Business Placement
Demographics for 75246, TX
2,458
Population
1,545
Households
1.6
Avg Household Size
38
Median Age
23%
College-Educated
79%
High-School Grad
0.5 sq mi
ZIP Area
4,916
Density / Sq Mi
$49,665
Median Household Income
$38,088
Median Earnings
$1,045
Median Rent
$449,600
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?
Quadplex - Four one-bedroom residences retain period details alongside updated appliances and finishes.
Where is this quadplex located?
The property is located at 4630 Junius Street Dallas, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units in a 1912 quadplex; Located in the Historic District of Peak's Suburban Addition; Hardwood floors and claw‑foot tubs preserve historic character
