About This Home

This 6-bedroom, 6-bathroom multi-family at 3525 Colonial Avenue in Dallas, TX is listed for $450,000 ($226 per sqft). Built in 1964, the home offers 1,989 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1964
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
6 full
1964

Amenities

HardwoodA/C
Listing Description

Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now.

Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

3525 Colonial Avenue

Dallas, TX 75215

Ervay Street Heights

Features & Amenities

Interior Features

HighSpeedInternetCableTv

Property Details

Flooring

TileHardwood

Construction

Brick WoodSiding

Parking

Parking Lot

Heating

Electric (Heating)

Cooling

Window Unit(s)Ceiling Fan(s)Electric

Questions & Answers

This 6-bedroom, 6-bathroom multi-family at 3525 Colonial Avenue is listed at $450,000 ($226/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.15 acre lot, 2 stories. Interior Features: HighSpeedInternet, CableTv.

This property is listed by Matt Templeton.

MT

Matt Templeton

Agent at Keller Williams Urban Dallas - UD Partners, LLC

Listed by Keller Williams Urban Dallas - UD Partners, LLC · Broker phone: (214) 234-8000 · View on Broker Site · Broker website

MLS# 21309010· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3525 Colonial Avenue, Dallas, TX 75215

Open this listing in: