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4223 Delano Place
Dallas TX 75204 US

$2,495,000

Active Listing ID 21217731
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9 bed
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14.00 Bath (9 Full , 5 Half)
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Lot: 0.16 Acres
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Other

$2,495,000

Active Listing ID 21217731
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4223 Delano Place Fully leased and turnkey, this exceptional 5-unit condo platted townhome community in highly sought-after East Dallas presents a rare investment opportunity with immediate income and long-term upside. Built in 2021, the property features four spacious 2-bedroom, 2.1-bath units and one 1-bedroom, 1.5-bath unit, thoughtfully designed with modern finishes and functional layouts. Each home offers an open-concept floor plan with abundant natural light, granite countertops throughout, and well-appointed living spaces ideal for today's renters. All bedrooms are privately situated on the third floor, creating a comfortable separation between living and sleeping areas. A standout feature of the property is the private rooftop decks on every unit, complete with turf and offering impressive skyline views-perfect for entertaining or relaxing. The 1-bedroom unit (Unit 5) is currently operating as a short-term rental, providing additional income flexibility and enhanced revenue potential. Ideally located within walking distance to some of East Dallas' most popular dining, retail, and entertainment destinations, this property combines strong in-place cash flow with an unbeatable location. Whether you're looking to expand your portfolio or secure a stabilized asset in a high-demand area, this offering checks all the boxes.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 9
  • 1/2 Bathrooms: 5
  • Cooling System: Electric, Ceiling Fan(s), Central Air
  • Exterior Finish: Fence
  • Floor Covering: Carpet, Tile, Wood
  • Roof Type: Flat
  • Heating Fuels: Central, Natural Gas

School Information

  • School
  • Chavez(Elementary)
  • Spence(MiddleSchool)
  • North Dallas(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2495000
  • unparsedaddress: 4223 Delano Place
  • postalcity: Dallas
  • stateorprovince: TX
  • country: US
  • postalcode: 75204
  • bathroomsfull: 9
  • bathroomshalf: 5
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.155
  • lotsizeunits: Acres
  • lotsizearea: 0.155
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.802886
  • longitude: -96.784942
  • listagentfullname: Alan Sahliyeh
  • listagentemail: jrene.walker@compass.com
  • listagentkey: 3yd-NTREIS-0619808
  • listagentmlsid: 0619808
  • listagentpreferredphone: (214) 814-8100
  • listofficekey: 3yd-NTREIS-CMPS01
  • listofficemlsid: CMPS01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2021
  • listagenturl: https://www.compass.com
  • countyorparish: Dallas
  • parcelnumber: 00000118882000000
  • elementaryschool: Chavez
  • highschool: North Dallas
  • elementaryschooldistrict: Dallas ISD
  • middleorjuniorschooldistrict: Dallas ISD
  • highschooldistrict: Dallas ISD
  • appliances: Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, TanklessWaterHeater, VentedExhaustFan
  • cooling: Electric, Ceiling Fan(s), Central Air
  • constructionmaterials: FiberCement, WoodSiding
  • flooring: Tile, Wood, Carpet
  • heating: Central, Natural Gas
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 9
  • parkingfeatures: Garage, Driveway
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, WalkInClosets
  • rooms: Bathroom 9, Bathroom 11, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 5, Bathroom 14, Bedroom 7, Bedroom 4, Bathroom 13
  • securityfeatures: Security
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.78494, 32.802887
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass RE Texas, LCC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jrene.walker@compass.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jrene.walker@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass RE Texas, LCC", "ListBrokeragePhone":"(214) 814-8100", "ListBrokeragePostalCode":"75225", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 700", "ListBrokerageUnparsedAddress":"5960 Berkshire Ln.", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":"Suite 700", "ListOfficeBrokerMlsId":"CMPS01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"TXbroker@compass.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Dallas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4223-Delano-Pl_Dallas_TX_75204_M88008-26693?f=listhub&s=NTREIS&m=21217731&c=rexren", "MLSModificationTimestamp":"2026-04-02 14:39:57", "Neighborhoods":[{"Description":null, "Name":"Haskell Place"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":46839, "TaxDescription":"HASKELL PLACE BLK A/657 LT 10", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/11/2026 8:21:26 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Alan Sahliyeh, Compass RE Texas, LLC., jrene.walker@compass.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.