• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Competitive Edge Realty LLC- MLS# 21157933MLS ProviderContact Information: Melissa Hernandez - 469-355-5106

315 N Merrill AvenueDuncanville, TX 75116

Multi-Family · 9 Beds · 5 Full Baths · 5,229 Sq. ft. | 0.28 Acres
$625,000 Active

315 N Merrill Avenue Overview

Visits:
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Excellent opportunity for Investors or Multi-generational buyers! Featuring a total of 9 bedrooms and 5 bathrooms across spacious units that have been updated and well cared for. Unit A - 4 Bed 2 Bath 2,032 SQFT at $1,975 per month & Lease ends June 2027. Unit B -2 Bed 1 Bath 793 SQFT at $1400 per month & Lease ends May 2027. Unit C - 3 Bed 2 Bath 1,677 SQFT at $1800 per month & Lease ends September 2027. Each unit offers generous, renovated living space, making it highly attractive for long-term tenants. The property includes a large detached garage with electrical already in place, providing the strong opportunity to convert into the potential additional unit(s) for more rental income. Multifamily properties like this are increasingly rare, making this a standout opportunity for investors looking to expand their portfolio or generate cash flow. This is a chance to seize a high-demand asset in a growing rental market! Water and gas are paid by Owner. Electric is paid by Tenants.

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315 N Merrill Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,229
  • Price/Sq.ft. $120
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Duncanville ISD
  • Elementary School: Central
  • Middle Or Junior School: Reed
  • High School: Duncanville

Income/Expenses

  • Gross Income: 63000.0
  • Insurance Expense: 4500.0
  • Net Operating Income: 63000.0

Building Information

  • Year Built: 1955
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DUNCANVILLE
  • Subdivision Name: Merrill Meadows

Tax Information

  • Tax Annual Amount: 15779.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 22111500030010000
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5
  • Bedrooms Total: 9

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 5229.0

General Information

  • Appliances: Microwave
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Luxury Vinyl Plank,Tile
  • Foundation Details: Pillar/Post/Pier,Slab
  • Interior Features: Decorative/Designer Lighting Fixtures
  • Levels: Two
  • Security Features: Fire Alarm
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage,On Site
  • Parking Total: 5.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.275
  • Lot Size Area: 0.275
  • Lot Size Square Feet: 11979.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Frame,Wood Siding
  • Roof: Shingle

General Information

  • Covered Spaces: 4.0
  • Fencing: Wood
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 3 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 4 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 4 Bedroom Or More
  • Units Total: 1

Unit 2 Details

  • Unit Type: Efficiency
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

315 N Merrill Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

315 N Merrill Avenue Market Data

Based on the last 30 days in this zip code

$361,223
Average List Price
$167
Average Price per Square Foot
13
Properties Sold
81
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network


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