4013 N Garland Avenue, Unit 1
Property Description
Rare Investment Opportunity - Entire Income-Producing Fourplex Four Individually Deeded Condominium Units Sold Together, all being sold together in one transaction. Unlike a traditional fourplex, this unique ownership structure offers investors additional flexibility through separate deeds while maintaining ownership of the entire building. Buyer to verify future resale, leasing, and HOA requirements. This fully leased multifamily investment property presents an excellent opportunity for investors seeking stable rental income in one of Garland's established residential communities. One purchase acquires four income-producing residences, making it an attractive addition to an investment portfolio or a potential 1031 Exchange acquisition. Strategically located just minutes from the Garland VA Medical Center and the expanding Valoris HealthPark Medical District, the property benefits from proximity to one of North Texas' largest healthcare and government employment centers. The ongoing redevelopment of the former Baylor campus into Valoris HealthPark continues to bring new medical offices, healthcare facilities, and public and private investment to the area, supporting long-term economic growth and housing demand. Ideally positioned near DART Rail, President George Bush Turnpike, I-635, and major employment corridors, the property offers convenient access to Downtown Dallas, Richardson, Plano, and surrounding business centers. Nearby hospitals, healthcare campuses, universities, corporate employers, shopping, dining, and entertainment further enhance the property's appeal to tenants. Whether you're expanding your multifamily portfolio, completing a 1031 Exchange, or seeking a North Texas investment property in a high-demand rental market, this is a rare opportunity to acquire an entire four-unit building with individually deeded ownership in a prime Garland location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $668,000 |
| No. of Units: | 4 |
| Year Built: | 1984 |
| Lot Size: | 4,089.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $167,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 8 |
ID: 3yd-NTREIS-21349483
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