Prairie-Style Quadplex with
For Sale
$850,000
826 N Bishop Avenue, Dallas, TX 75208
Four residential units offer two-bedroom layouts, refreshed exterior paint, and covered outdoor areas.
Property Size3,620 SF
Days on Market52
Property Features for 826 N Bishop Avenue
General Information
Standard status
Active
Size
3,620 SF
Property subtype
Quadruplex
Zoning
Bishop Ave Corridor PD-830
Units
Unit Mix
4 x 2BD/1BA
Multifamily Units
4
Amenities
covered front porch
2nd-floor balcony
Building Details
Building Size
3,620 SF
Year Built
1925
Buildings
1
Construction
Prairie-style
Listing Agency:
Dave Perry Miller Real Estate
Listed By:
Jason Saucedo · License #0650625
(214) 403-4082
Source:
Nilesrealtygroup
Added: Aug 16
Changed: Oct 3
Last Checked: Oct 5 at 9:01PM
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 Dave Perry Miller Real Estate
Investment Insights
Based on property information with market context.
This 3,620-square-foot Prairie-style quadplex contains four residential units, each arranged with 2 bedrooms, 1 bathroom, a living room, dining area, and kitchen. Brick columns, a covered front porch, and a second-floor balcony contribute distinctive architectural character, while the exterior has been recently painted.
The property is located at 826 N Bishop Ave in Dallas, within the Bishop Ave Corridor PD-830 zoning district and just blocks from Bishop Arts. The site is positioned near the district’s dining, coffee, boutique, and entertainment offerings. Its four-unit configuration and existing residential layout support continued income-producing use, subject to buyer verification of zoning and redevelopment considerations.
The property is located at 826 N Bishop Ave in Dallas, within the Bishop Ave Corridor PD-830 zoning district and just blocks from Bishop Arts. The site is positioned near the district’s dining, coffee, boutique, and entertainment offerings. Its four-unit configuration and existing residential layout support continued income-producing use, subject to buyer verification of zoning and redevelopment considerations.
Key Highlights
- 3,620 SF Prairie‑style quadplex
- Four units, each with 2 BDs and 1 BA
- Living room, dining area, and kitchen in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,652
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,040
$1.3M
Cap Rate 7%
$909,314
$909.3K
Cap Rate 9%
$707,244
$707.2K
Market Conditions
NOI Build-Up for 3,620 SF
Gross rent
$101.2K $27.96/SF
− Vacancy
−$10.3K −$2.84/SF
EGI
$90.9K $25.12/SF
− OpEx
−$27.3K −$7.54/SF
NOI
$63.7K $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 Rate 5%
$1,273,040
Cap Rate 7%
$909,314
Cap Rate 9%
$707,244
Alternative Uses
Best Use
Multifamily LT 5
$909.3K
$795.7K – $1.06M
NOI $63,652 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$786.4K
$688.1K – $917.4K
NOI $55,046 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$4.34M
$3.80M – $5.07M
NOI $304,059 @ 7.0% cap · market cap 35.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two-bedroom layouts, refreshed exterior paint, and covered outdoor areas.
Where is this quadplex located?
The property is located at 826 N Bishop Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,620 SF Prairie‑style quadplex; Four units, each with 2 BDs and 1 BA; Living room, dining area, and kitchen in every unit
