5211 Worth St, Dallas, TX 75214

Sqft
2,860

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Listed byAllie Beth Allman & Assoc.
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Overview

Located at 5211 Worth Street in the highly sought-after Munger Place Historic District, this 1927 eight-unit apartment building represents an exceptional value-add investment opportunity. As one of the neighborhood's original multi-family properties, the building brims with authentic 1920s character, featuring original hardwood flooring, ornate built-ins, and classic fireplaces. The property offers an excellent mix of current cash flow and substantial upside, updated complete with quartz countertops, modern cabinetry, new appliances, and updated bathrooms—that is currently achieving top market rent. Units have been thoughtfully updated while preserving their vintage aesthetic. The heavy lifting has already been completed with extensive, big-ticket capital improvements, including an updated roof, completely replaced main electrical wiring, new AC units, an overhauled crawl space plumbing system, updated water lines, recent cosmetic paint, and washer and dryers. With a targeted exterior refresh of paint and landscaping to complement the interior updates, this vintage gem will truly shine. Perfectly positioned right next door to Munger Park and the beloved Garden Café, the building attracts premium tenants with effortless access to Downtown Dallas, Lower Greenville, Knox-Henderson, Lakewood Shopping Center, White Rock Lake, and scenic walks along Historic Swiss Avenue just two blocks away. 5204 Junius Quadplex (MLS 21295220) is also for sale and can be sold together!

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
2,860
Lot size (acres)
0.17
Year built
1927

Utilities

Heating
Other
Cooling
Other

Estimated monthly costs

Insurance
$889

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21296279 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.