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Single-Story Duplex
New
For Sale
$425,000

921 Sunset Avenue, Dallas, TX 75208

Side-by-side units offer formal dining rooms, separate living areas, and detached garage parking.

Property Size1,574 SF
Price / SF$270.01
Days on Market3

Property Features for 921 Sunset Avenue

General Information

Standard status Active
Size 1,574 SF
Total Parking Spaces 2
Property subtype Duplex

Building Details

Year Built 1950
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Dave Perry Miller Real Estate
Listed By: Kent Frederick · License #0720823
Source: Lonestarluxuryrealty
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 4 at 4:48AM

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 side-by-side duplex contains 1,574 square feet across two single-story units, with each residence offering a living room, formal dining room, and practical floor plan. A detached two-car garage supplies one parking space per unit and includes an attached storage closet. The property was built in 1950.

Located at 921 Sunset Avenue in Dallas, the duplex sits one block north of Jefferson Boulevard’s dining, retail, and entertainment corridor. TYPO is 0.4 miles away, while the Bishop Arts District is 0.7 miles from the property. Public transportation is also accessible. Unit 923 has received luxury vinyl plank flooring throughout and is currently listed for lease; Unit 921 remains occupied and is largely in its original condition.

Key Highlights

  • 1,574‑square‑foot duplex with two side‑by‑side, single‑story units
  • Detached two‑car garage with one parking space per unit
  • Unit 923 updated with luxury vinyl plank flooring throughout

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 $44.0k $27.96
− Vacancy −$4.5k −$2.84
EGI $39.5k $25.12
− OpEx −$11.9k −$7.54
NOI $27.7k $17.58
1,574 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$395.4K
$346.0K – $461.3K (±1% cap)
NOI $27,676 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$341.9K
$299.2K – $398.9K (±1% cap)
NOI $23,934 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,207 @ 7.0% cap · market cap 31.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Nursing Home Catering Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,057
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side units offer formal dining rooms, separate living areas, and detached garage parking.
Where is this duplex located?
The property is located at 921 Sunset Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,574‑square‑foot duplex with two side‑by‑side, single‑story units; Detached two‑car garage with one parking space per unit; Unit 923 updated with luxury vinyl plank flooring throughout
More about this property
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