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.
Listed by Matteo Faeth
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Dallas Property Advisors, LLC
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469-554-0430
Last updated February 03, 2026
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Source: NTREIS #21169358
Listing Facts
TypeMulti-family
NeighborhoodCornerstone
Days on Prevu41
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
02/03/2026
Listed by Dallas Property Advisors, LLC
$995,000
Property Details for 2718 Cleveland Street
Exterior
Construction
Number Of Units Total: 8
Roof: Flat
Year Built: 1961
Year Built Details: Preowned
Construction Materials: Stucco
Measurements
Building Area Total: 8,000
Lot Features: Interior Lot
Lot Size Acres: 0.28
Lot Size Area: 0
Lot Size Dimensions: 100,125
Lot Size Source: Assessor
Lot Size Square Feet: 12,501
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 00000141223000000
Interior
Features
Appliances: Electric Range, Microwave, Refrigerator
Flooring: Laminate, Tile
Interior Features: Other
Other
Location
Subdivision Name: D L Richardsons
Tax Block: 21118
Tax Lot: 3
Parking
Parking
Parking Features: Common
Schools
Elementary School
Elementary School: Dunbar
Utilities
Equipment
Cooling: Central Air, Window Unit(s)
Heating: Central
Utilities: City Sewer, City Water
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2718 Cleveland Street .
What schools are nearby to 2718 Cleveland Street ?
Nearby schools include the Dunbar Elementary School.
How does 2718 Cleveland Street compare to other multi-family homes in Dallas?
This multi-family home is listed 20% below the average price for multi-family homes in Dallas and has been on the market for 29 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the 2718 Cleveland building.
2718 Cleveland Street is a -bedroom multi-family home for sale in Dallas Texas 75215. Available on Prevu for 41 days at $995,000. This property is located in Dallas. The median listing price for multi-family homes in this area is $409,000. Nearby schools include Dunbar Elementary School. Property amenities include pets allowed, air conditioning, and parking. View other multi-family home listings in Dallas.
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.