Fully renovated and cash-flow ready—5105 Vandelia is a turn-key 5-unit investment property located in Dallas’s booming Medical District. Built in 1983, each unit features 2 bedrooms, 2 bathrooms, a two-car garage, and 1,320 sq ft of living space. All units have been stylishly updated with hardwood floors, quartz countertops, and… Read More modern bathrooms. Each one also includes a private balcony and fenced yard—ideal for added tenant appeal. Exterior upgrades include fresh paint and new fencing, while major systems are in excellent condition with 4 of 5 HVACs replaced and a lifetime transferable foundation warranty in place. Currently leased below market, this property offers strong upside potential through rent increases or conversion to short-term rentals—making it an ideal option for travel nurse housing or furnished corporate stays. With its proximity to major hospitals, employment centers, and transportation hubs, this is a low-maintenance, high-potential asset in one of DFW’s most in-demand rental markets. Please do not disturb tenants—contact the listing agent for showings. Read Less
Courtesy of Compass RE Texas, LLC., Jacob Stevenson.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Beds
10
Full Baths
10
Lot Size
0.2 Acres
Year Built
1983
MLS Number
20949432
Additional Details
Appliances & Equipment
Dishwasher, Disposal
Building
Built in 1983, Construction materials: Brick, Levels: ThreeOrMore, 2 buildings, Toal building area: 6600
Cooling
CentralAir
Expenses
Insurance: $5,840
Exterior Features
PrivateYard
Fireplaces
Masonry, 5 total fireplaces
Floors
Tile, Vinyl, Wood
Garage
10 garage spaces
Heating
Central
Income
Gross income: $133,500, Net operating income: $93,238
