3650 Rickshaw Drive Dallas, TX 75229
12 Beds
8 Baths
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Walnut Gardens
MLS Listing ID 21346390
Bedrooms 12
Full Baths 8
HOA Y/N None
Total Fin. Sqft 6608
Year Built 1969
Annual Tax Amount $19,647
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Property Description
Each townhome-style residence offers approx 1,600 square feet, 3 beds, 2 full baths, spacious living and dining areas, refrigerators included, abundant storage, oversized walk-in closets, and a unique floor plan that has proven attractive to long-term tenants. Every unit includes one assigned covered and one assigned uncovered parking space for a total of eight assigned spaces. Unit sq ft is approx and should be independently verified by Buyer and Buyer's Agent. The current owner has consistently invested in preserving and improving the property, completing a foundation repair for Unit 3650 in 2023, a complete sewer line replacement in 2024, fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. These completed improvements help reduce future capital expenditures while protecting the property's long-term performance. All four units are leased through 2027, providing stable occupancy and predictable rental income. Property generates an additional $175 per month in water, sewer and trash reimbursement income. Income, expenses, lease information, and current rental rates available in MLS reflect the property's actual operating performance. Conveniently located near I-35E, I-635, Love Field Airport, Downtown Dallas, and the Medical District, the property offers convenient access to major retail, dining, and everyday amenities that continue to support strong tenant demand. For investors seeking an asset with established income, desirable tenant amenities, documented capital improvements, and a history of attentive ownership, this property offers an exceptional foundation for long-term portfolio growth!
Location
State TX
County Dallas
Direction Please use GPS
Interior
Interior Features Eat-in Kitchen, Granite Counters, High Speed Internet Available, Pantry, Walk-In Closet(s), Second Primary Bedroom
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
Fireplaces Number 4
Fireplaces Type Decorative
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Heat Source Central, Electric
Exterior
Carport Spaces 4
Utilities Available City Sewer, City Water, Electricity Connected, Master Water Meter
Roof Type Flat
Total Parking Spaces 4
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Degolyer
Middle Schools Marsh
High Schools White
School District Dallas Isd
Nearby Locations