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Dallas 8 Unit Value Add Multifamily Lease Reset Opportunity $879K

3209 Norwalk Ave, Dallas
ROI
18.83% IRR
Strategy
Long Term Rental
$8,800 per month at current rents with all leases aligned to renew July 1, giving full control to reset rents this summer. Updated interiors keep near-term capex low while you push income. A few vacancies allow immediate rent bumps. Strong demand near Love Field Airport and UT Southwestern. Multiple value-add levers can be pulled shortly after closing to force appreciation and cashflow.

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Dallas 8 Unit Value Add Multifamily Lease Reset Opportunity $879K

Listed 04/13/2026

3209 Norwalk Ave, Dallas

Purchase Price:$879,000

Cash Outlay:$237,330

Cashflow:$1,207/mo

Cap Rate:7.49%

IRR:18.83%

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