About this Property

Please reach out to the listing company The Multifamily Group to set up a tour The Multifamily Group is pleased to present the exclusive offering of the Mather Ct 5Plex in Dallas, Texas. Constructed in 1942, the property comprises four units within a single structure each 725-745 SF, as well as an additional unit from a garage conversion that is 480 SF. Every unit has one-bedroom and one-bathroom. The roof is less than 6 years old, the wiring is copper, the sewer line is cast iron and the water line is copper. Located in the culturally rich Oak Cliff area, known for its diverse community and proximity to downtown Dallas. The median household income in a 3-mile radius is approximately $59,000, with a population of around 120,000 residents (Yardi). The demand for affordable housing in the area presents a promising prospect for future rental income. The property is being offered free and clear of existing debt.