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3525 Colonial Avenue

Dallas, TX 75215

Listing courtesy of Matt Templeton, Keller Williams Urban Dallas

$475,000
Active
Beds
6
Baths
6
Sqft
1,989
Year Built
1964

About this home

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!

Schools

Elementary
Dunbar
Middle
Dade
High
Madison

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21309010
Property Type
ResidentialIncome
Status
Active
County
Dallas
Subdivision
Ervay Street Heights
Lot Size
6,446.88 sqft
HOA Dues
None
Annual Taxes
$8,760
Days on Market
New (0 days)
Listed
Jun 30, 2026
Price per Sqft
$239

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$3,397/mo
Principal & interest
$2,528
Property taxes
$730
Homeowner's insurance (est.)
$139

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 30, 2026