For sale

$275,000

1506 Vermont Ave, Dallas, TX 75216

4beds

1,672sqft

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Multi Family

Built in 1922

-- sqft lot

$258,700 Zestimate^®

$164/sqft

$-- HOA

What's special

This is a 2-unit income-producing property featuring a front unit with 2 bedrooms and 1 bathroom, and a separate ADU offering 2 bedrooms and 1 bathroom as well. Both units are currently leased, generating a combined $2,500 per month in rental income. This setup provides steady cash flow and is ideal for investors seeking a turnkey opportunity with strong rental performance.

63 days

474

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Electric

Appliances

Included: Electric Cooktop

Features

Decorative/Designer Lighting Fixtures
Flooring: Combination

Interior area

Total structure area: 1,672
Total interior livable area: 1,672 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Assigned, Gravel

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 6,969 Square Feet

Details

Parcel number: APN 0000028533400000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Combination, Slab
Roof: Shingle

Condition

Year built: 1922

Utilities & green energy

Utilities for property: Electricity Available

Community & HOA

Community

Subdivision: Trinity Heights

HOA

Has HOA: No

Location

Region: Dallas

Financial & listing details

Price per square foot: $164/sqft
Tax assessed value: $237,180
Annual tax amount: $4,247
Date on market: 5/11/2026
Cumulative days on market: 64 days

Estimated market value

$258,700

$246,000 - $272,000

$1,666/mo

Price history

Date	Event	Price
5/11/2026	Listed for sale	$275,000$164/sqft
Source: NTREIS #21267196 Report a problem
3/8/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
3/4/2022	Listed for rent	$1,495$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,247 +19.6%	$237,180 +33.3%
2024	$3,552 +16.9%	$177,890 +34.3%
2023	$3,039 -8.6%	$132,450
2022	$3,325 +36.3%	$132,450 +43.3%
2021	$2,439 +8.6%	$92,460 +11.6%
2020	$2,247 -0.8%	$82,820
2019	$2,264 +27.8%	$82,820 +33%
2018	$1,771 +189.2%	$62,260 +176.3%
2017	$613 0%	$22,530
2016	$613 +9.2%	$22,530 +10.2%
2015	$561	$20,450
2014	$561	$20,450
2013	--	--
2012	--	--
2011	--	--
2010	--	--
2009	--	--
2008	--	--
2007	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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