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214-760-6770 - DFW
903-560-4975 - Fannin County

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$879,000
New Listing

3209 Norwalk Avenue
Dallas, TX 75220

For Sale|Apartment|Active
8
Beds
8
Total Baths
8
Full Baths
5,136
SqFt
$171
/SqFt
1982
Built
Subdivision:
Marshall Ter Add
County:
Dallas
Call Now: 214-760-6770
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214-760-6770
3209 Norwalk Avenue3209 Norwalk Avenue3209 Norwalk Avenue3209 Norwalk Avenue
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This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

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Listing Snapshot
Price 
$879,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
5,136 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.182 Acres
Year Built 
1982
MLS® Number 
21227705
Status 
Active
Property Tax 
$18,054
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.182
Foundation 
Slab
Levels 
Two
Parking 
Parking LotPaved
Parking Spaces 
12
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5136
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Appliances 
Electric OvenElectric RangeMicrowaveRefrigerator
Cooling 
Ceiling Fan(s)Central Air
Flooring 
Ceramic TileLaminateVinyl
Heating 
Central
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Exterior Features
Construction Details 
Wood SidingBrickFrame
Roof 
CompositionShingle
Community Features
Financing Terms Available 
CashConventional
School District 
Dallas ISD
Schools
School District
Dallas ISD
Elementary School
Foster
Middle School
Cary
High School
Jefferson
Listing courtesy of Porfirio Segovia of Creative Real Estate Solutions LLC. segoviaferris@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-03 07:03 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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