Full Duplex with Detached
5020 Pershing Street Dallas, TX 75206
For Sale
$590,000
For sale duplex property featuring a detached garage on a 7,009 sq. ft. lot.
Property Size1,116 SF
Lot Size0.16 Acres
Price / SF$528.67
Days on Market309
Property Features for 5020 Pershing Street
General Information
- Standard status
- Active
- Size
- 1,116 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1938
Listing Agency:
Coldwell Banker Apex, REALTORS
(214) 755-8201
Listed By:
Scott Hogg · License #0623858
(214) 755-8201
Source:
Compass
Added: Sep 18, 2025
Changed: Jul 21
Last Checked: Jul 23 at 10:13AM
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
For sale at 5020 Pershing Street, this full duplex is situated on a 7,009 sq. ft. lot and includes a detached garage. The seller’s remarks position the opportunity primarily as a lot-value acquisition, with the duplex providing additional existing residential income potential.
Public remarks also describe the site as part of the Knox-Henderson area (Cochran Heights). The neighborhood context is presented as a mix of historic homes and newer construction in the area.
Based on the information provided, the property offers two practical paths: continuing to operate the existing duplex, or considering development options discussed in the seller’s analysis for the larger lot size. Interested parties should review the duplex layout and confirm all development requirements and feasibility independently.
Public remarks also describe the site as part of the Knox-Henderson area (Cochran Heights). The neighborhood context is presented as a mix of historic homes and newer construction in the area.
Based on the information provided, the property offers two practical paths: continuing to operate the existing duplex, or considering development options discussed in the seller’s analysis for the larger lot size. Interested parties should review the duplex layout and confirm all development requirements and feasibility independently.
Key Highlights
- Full duplex with 2 total units in a one‑story wood‑frame building
- Detached garage included on a 7,009 sq. ft. lot
- Year built: 1938; foundation details: pillar/post/pier
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 | $31.2k | $27.96 |
| − Vacancy | −$3.2k | −$2.84 |
| EGI | $28.0k | $25.12 |
| − OpEx | −$8.4k | −$7.54 |
| NOI | $19.6k | $17.58 |
1,116 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$280.3K
$245.3K – $327.1K
NOI $19,623 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$242.4K
$212.1K – $282.8K
NOI $16,970 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,738 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - For sale duplex property featuring a detached garage on a 7,009 sq. ft. lot.
Where is this duplex located?
The property is located at 5020 Pershing Street Dallas, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Full duplex with 2 total units in a one‑story wood‑frame building; Detached garage included on a 7,009 sq. ft. lot; Year built: 1938; foundation details: pillar/post/pier
