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.
Listed by Alan Sahliyeh
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Compass RE Texas, LLC.
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214-543-2912
Last updated April 02, 2026
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Source: NTREIS #21217731
Listing Facts
TypeMulti-family
NeighborhoodRoseland
Bedrooms9
Bathrooms14
Days on Prevu39
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
03/24/2026
Listed by Compass RE Texas, LLC.
$2,495,000
Property Details for 4223 Delano Place
Exterior
Construction
Number Of Units Total: 5
Roof: Flat
Window Features: Window Coverings
Year Built: 2021
Year Built Details: Preowned
Construction Materials: Fiber Cement, Wood
Features
Fencing: Fenced
Patio And Porch Features: Roof Top Deck/Patio
Measurements
Building Area Total: 5,879
Lot Size Acres: 0.15
Lot Size Area: 0
Lot Size Source: Public Records
Lot Size Square Feet: 6,751
Lot Size Units: Acres
Financial
Residential Income
Operating Expense Includes: Capital Improvements,Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Mortgage/Loans,Utilities
Taxes
Parcel Number: 00000118882000000
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Flooring: Carpet, Tile, Wood
Interior Features: Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Rooms
Bathrooms Full: 9
Bathrooms Half: 5
Bathrooms Total Integer: 14
Bedrooms Total: 9
Other
General
Exclusions: All furnishings and personal belongings in units 1-4, unit 5 currently operating as a short term rental, furnishings not excluded.
Location
Subdivision Name: Haskell Place
Tax Block: A/657
Tax Lot: 10
Parking
Parking
Attached Garage: Yes
Carport Spaces: 5
Covered Spaces: 14
Garage Spaces: 9
Garage: Yes
Parking Features: Driveway, Garage Faces Rear
Schools
Elementary School
Elementary School: Chavez
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Natural Gas
Utilities: City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 9 bedrooms and 14 bathrooms in this multi-family home at 4223 Delano Place .
What schools are nearby to 4223 Delano Place ?
Nearby schools include the Chavez Elementary School.
Does this multi-family home have parking?
Yes, there are 9 parking spaces available for 4223 Delano Place .
How does 4223 Delano Place compare to other multi-family homes in Roseland?
This multi-family home is listed 50% below the average price for multi-family homes in Roseland and has been on the market for 42 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 4223 Delano Townhomes building.
4223 Delano Place is a 9-bedroom, 14-bath multi-family home for sale in Dallas Texas 75204. On Prevu for 39 days at $2,495,000. This residence is located in Roseland. The median listing price for multi-family homes in this area is $590,000. Nearby schools include Chavez Elementary School. The home offers private outdoor space, dishwasher, 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.
