For sale

Price cut: $25K (9/28)

$450,000

3525 Colonial Ave, Dallas, TX 75215

6beds

1,989sqft

$3,462/mo

Get pre-qualified

Multi Family, Apartment

Built in 1964

-- sqft lot

$435,200 Zestimate^®

$226/sqft

$-- HOA

What's special

Ceramic tile floors

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!

95 days
327
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Electric

Cooling

Ceiling Fan(s), Electric, Wall/Window Unit(s)

Features

High Speed Internet, Cable TV
Flooring: Hardwood, Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,989
Total interior livable area: 1,989 sqft

Property

Parking

Parking features: Common, Parking Lot

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,446 Square Feet

Details

Parcel number: 00000143329000000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Resale
Year built: 1964

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available, Cable Available

Community & HOA

Community

Subdivision: Ervay Street Heights

HOA

Has HOA: No

Location

Region: Dallas

Financial & listing details

Price per square foot: $226/sqft
Annual tax amount: $8,760
Date on market: 6/30/2026
Cumulative days on market: 96 days
Listing terms: Cash,Conventional,FHA,VA Loan
Exclusions: Tenants' personal items

Estimated market value

$435,200

$413,000 - $457,000

$1,733/mo

Price history

Date	Event	Price
9/28/2026	Price change	$450,000-5.3%$226/sqft
Source: NTREIS #21309010 Report a problem
6/30/2026	Listed for sale	$475,000-3.1%$239/sqft
Source: NTREIS #21309010 Report a problem
6/17/2026	Listing removed	$490,000$246/sqft
Source: NTREIS #21066946 Report a problem
2/24/2026	Price change	$490,000-2%$246/sqft
Source: NTREIS #21066946 Report a problem
10/8/2025	Listed for sale	$500,000$251/sqft
Source: NTREIS #21066946 Report a problem