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Investment Highlights

  • Great location.
  • Recent improvements include New Roofs, Electrical system, mini split AV units, water heaters, and gravel driveway.

Executive Summary

307 W 4th St is a renovated, plug-and-play 8-unit multifamily in a fast-rising pocket of DFW. Steps from the Irving Heritage Crossing redevelopment (new shops—including Starbucks—and neighborhood amenities), the property is positioned for strong in-place income with meaningful upside through short-term or mid-term rental strategies.
Recent improvements include New Roofs, Electrical system, mini split AV units, water heaters, and gravel driveway. Refreshed interiors with LVP flooring, updated kitchens & baths, and 4/8 units with combined washer dryers. These improvement significantly reduces near-term CapEx requirements and simplifies management.
Operate traditionally for steady cash flow, or boost NOI through short term/mid term rentals capitalizing on strong demand driven by proximity to transit, dining, and DFW employment corridors
Highlights
8 units - 1 Bed 1 Bath
Heavy renovation = turnkey operations & lower CapEx
Steps to Irving Heritage Crossing redevelopment (incl. Starbucks)
Ideal for Short Term/Mid Term rental conversion to increase revenue
Central DFW location near transit, employers, and airport

Data Room Click Here to Access

Property Facts

Price $1,370,410 CAD
Price Per Unit $171,301 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 10,968 SF
Average Occupancy 100%
No. Stories 2
Year Built 1954
Parking Ratio 1.37/1,000 SF
Zoning RMF2

Amenities

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
32521650510020000
Land Assessment
$224,080 CAD
Improvements Assessment
$1,568,488 CAD
Total Assessment
$1,792,568 CAD
  • Listing ID: 37634880

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 307 W 4th St, Irving, TX 75060

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