Next Level Realty

5211 Worth Street

Dallas, TX 75214

MLS#: 21296279

$1,600,000

Status: Active
Listing number: 21296279
Listing provided by: Allie Beth Allman & Assoc.
Listing agent phone: None
Last update: N/A
On site: 3 months ago
Browse Properties
Munger Place - Residential Income

Property

Beds

8

Full Baths

8

1/2 Baths

None

Year Built

1927

Sq.Footage

2,860

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!

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    8

  • Bathrooms

    8

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other

  • Parking

    Additional Parking

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.168

  • Lot Size(square feet)

    7,318

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    $27,821

  • Sq. Footage

    2,860

  • Price/SqFt

    $559

HOA

  • Association

    No

School District

  • Elementary School

    Lipscomb

  • Middle School

    Long

  • High School

    North Dallas

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

  • Tax Lot

    3

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Lipscomb

Middle School

Long

High School

North Dallas

Listing Courtesy of Kelli Green, Allie Beth Allman & Assoc.

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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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!

5211 Worth Street

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