3951 N Garland Avenue 1, Garland, TX

$668,000

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10

Beds

4.4

Baths

4,089

Square feet

3.65

Acres

About 3951 N Garland Avenue 1

Distinctive Investment Opportunity! 1031 Exchange! Entire Fourplex Four Individually Deeded Condominium Units Sold Together. Unlike a traditional fourplex, this unique ownership structure offers investors added flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. Delivered vacant and ready for its next owner, this property offers the flexibility to lease all four units at current market rents, renovate and reposition the asset, occupy one or more units while generating rental income from the others, or customize an investment strategy to meet your goals. One purchase acquires four separately deeded residences, making it an attractive opportunity for investors, owner-investors, or those completing a 1031 Exchange. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The continued redevelopment of the former Baylor campus into Valoris Park is bringing new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's long-term investment appeal. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property with the flexibility to establish your own leasing strategy from day one, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.

Features of 3951 N Garland Avenue 1

MLS® # 21349490
Price $668,000
Bedrooms 10
Bathrooms 4.40
Full Baths 4
Half Baths 4
Square Footage 4,089
Acres 3.65
Year Built 1984
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 3951 N Garland Avenue 1
Subdivision Tomlinson Square-Winter Park
City Garland
County Dallas
State TX
Zip Code 75040-8549

Amenities

Utilities City Sewer, City Water
Parking Spaces 8
Garages Parking Lot
Is Waterfront No
Pool On Property No

Interior

Interior Features Cable TV Available
Heating Central
Fireplace No

Exterior

Roof Composition
Construction Brick, Siding
Foundation Slab

School Information

District Garland ISD
Elementary Choice Of School
Middle Choice Of School
High Choice Of School

Additional Information

Flooring Tile
HOA Fees $295
HOA Fees Freq. Monthly
$/LivSqFt $163
Net Income $20,946
Building Sqft 4,089
# Units 4

Listing Details

AgentCristina Rosenthal
OfficeRedfin Corporation
Contact Info972-954-4791

Listing Map

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