Duncanville Duplexes
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Duncanville Duplexes
11 Residential Properties in Duncanville, TX
Investment Highlights
- Value-Add Opportunity - Significant Rental Upside
- Proximity for Ease of Management - Only 1.3 Miles Between Fouts Avenue & Skyline Drive
- Motivated Seller - Long Term Ownership
- Portfolio Price/Unit and Price/SF Sits Below Recent Comparable Sales
- Prime Centralized Location in Downtown Duncanville
- Development Potential - 8 Contiguous Parcels on Fouts Ave Zoned for Multifamily Uses
Executive Summary
FIRST TIME ON THE MARKET IN 10+ YEARS. Newmark is proud to present the Duncanville Duplexes, a 22-unit duplex portfolio located in the heart of Downtown Duncanville. This unique portfolio offering consists of 8 contiguous parcels on Fouts Avenue and 3 parcels on Skyline Drive, with only 1.3 miles separating the two locations, allowing for streamlined management and operational efficiencies. Current monthly rents are significantly below comparable averages for 1960s-70s vintage properties, indicating substantial upside potential for a value-add opportunity. The Duncanville Duplexes are located within walking distance of Merrifield Elementary School, Central Elementary School, Reed Middle School, and Hardin Intermediate School, making them an ideal housing option for families. Easy access to major traffic arteries and growth corridors like I-20, I-35, and Hwy 67 also makes these assets an excellent housing option for employees working at the many major industrial warehouses nearby. The new owner will have the opportunity to aggressively capture the remaining rental upside, as the Duncanville Duplexes remain an attractive housing option for a wide variety of qualified tenants in the rapidly growing submarket of Duncanville, Texas. 100% OCCUPIED - PLEASE DO NOT DISTURB TENANTS. CONTACT LISTING AGENT FOR TOURS.
Property Facts
Sale Conditions | Individually For Sale | 0 | |
Sale Type | Investment | Total Building Size | 24,423 SF |
Status | Active | Total Land Area | 0.86 AC |
Number of Properties | 11 |
Sale Conditions | |
Sale Type | Investment |
Status | Active |
Number of Properties | 11 |
Individually For Sale | 0 |
Total Building Size | 24,423 SF |
Total Land Area | 0.86 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
317 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
818 Skyline Dr, Duncanville, TX 75116 | Residential | 2,400 SF | 1972 | - |
808 Skyline Dr, Duncanville, TX 75116 | Residential | 2,400 SF | 1971 | - |
321 Fouts Ave, Duncanville, TX 75137 | Residential | 2,807 SF | 1962 | - |
337 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
343 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
347 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
814 Skyline Dr, Duncanville, TX 75116 | Residential | 2,400 SF | 1971 | - |
325 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
329 Fouts Ave, Duncanville, TX 75137 | Residential | 2,896 SF | 1962 | - |
333 Fouts Ave, Duncanville, TX 75137 | Residential | 1,920 SF | 1962 | - |
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