Downtown Plano 12-Plex Fully Occupied | $1.95M

1509 F. Ave, Plano

ROI

22.47% IRR

Strategy

Long Term Rental

$20,775 per month is already in place across 12 fully occupied units in walkable Downtown Plano. The seller has agreed to a final price of $1.95M, down from the current $2.2M ask, which makes this worth a serious look for anyone who wants cash flow in a premier DFW location at a larger scale. Current rents average $1,735 per door with upside to $1,850-$2,100 per door. I assumed $1850 per door in my analysis below and the due diligence file has supporting documentation for repairs, upgrades, rent roll, etc. Ideal for a buyer who wants stabilized income in an A+ market.

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Downtown Plano 12-Plex Fully Occupied | $1.95M

Listed 06/24/2026

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1509 F. Ave, Plano

Purchase Price:$1,950,000

Cash Outlay:$526,500

Cashflow:$3,898/mo

Cap Rate:8.24%

IRR:22.47%

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