2718 Cleveland Street — photo 1
2718 Cleveland Street — photo 2
2718 Cleveland Street — photo 3
2718 Cleveland Street — photo 4
2718 Cleveland Street — photo 5
2718 Cleveland Street — photo 6
2718 Cleveland Street — photo 7
2718 Cleveland Street — photo 8
2718 Cleveland Street — photo 9
1 / 9
Open house

2718 Cleveland Street

$995,000

Built 1961 · Residential Income · 0.287 acres

About this home

2718 Cleveland is an 8-unit value-add multifamily opportunity located in The Cedars, a rapidly transforming neighborhood just south of Downtown Dallas and Deep Ellum. The property benefits from immediate access to major employment centers, entertainment districts, and ongoing neighborhood reinvestment. The asset features rare, oversized unit layouts comprised of four (4) 4-bedroom units and four (4) 3-bedroom units, positioning the property to serve strong family and roommate demand within an infill urban submarket. The investment offers a clear value-add business plan, including interior renovations to drive rent growth, property tax appeals to reduce expenses, and the opportunity to shift electricity to tenant responsibility, aligning operating costs with market standards and increasing NOI. With its irreplaceable Cedars location, unique unit mix, and multiple paths to income growth, 2718 Cleveland presents an attractive opportunity for investors seeking durable cash flow with meaningful upside in a high-growth Dallas submarket.

Details

Property type
Residential Income
Year built
1961
Lot size
0.287 acres
Taxes / yr
$20,674
Style
Apartment
Heating
Central
Cooling
Central Air,Window Unit(s)
Exterior
Stucco
Water
Public
Sewer
Public Sewer
ZIP
75215

Property history

  1. TerminatedJul 2, 2026

    $995,000

    Dallas Property Advisors, LLC

  2. Listed

    $995,000

    Dallas Property Advisors, LLC