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2460 Doreen St
Grand Prairie, TX 75050 Arlington

$1,465,000 USD

Apartments For Sale  •  9,768 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,768 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 1976
40 Walk Score

Highlights

Large townhome-style floor plans with private patios, uncommon at this unit count
High in-place cap rate of 7.97% with proven rents minimizing lease-up risk
~$25,000/unit invested since 2023: new roof, HVAC, and renovations across 7 of 8 units
One unrenovated unit offers a clear, low-risk path to additional rent premium
100% occupied as of underwriting — immediate, stabilized in-place cash flow
Median household income of approximately $60,000 within a 5-mile radius

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.7 mi
14 min - 7.9 mi
AirportDriveWalkDistance
Dallas-Fort Worth International 21 min - 14.1 mi
Dallas Love Field 30 min - 20.2 mi
Aidan McClelland 972-636-5241 Matthews Real Estate Investment Services
Aidan McClelland 972-636-5241 Matthews Real Estate Investment Services