Bruce Rayburn

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Listing provided courtesy of Better Homes & Gardens, Winans- MLS# 21302190MLS ProviderContact Information: Rachel Calderon - 972-774-9888

3940 Portland StreetIrving, TX 75038

Multi-Family · 8 Beds · 3,748 Sq. ft. | 0.27 Acres
$780,000 Active

3940 Portland Street Overview

Visits:
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Income-producing fourplex in Irving ISD with 100% occupancy and strong lease stability. This property offers a practical investment opportunity with all four units currently leased and generating immediate cash flow. Two units are leased at $1,600 and two are leased at $1,500, with a mix of annual and 2-year lease terms already in place, giving the next owner  potential dependable income and tenant retention. Each unit includes two parking spaces, one covered and one uncovered, adding convenience and value for residents.

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3940 Portland Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,748
  • Price/Sq.ft. $208
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Irving ISD
  • Elementary School: Townley
  • Middle Or Junior School: Travis
  • High School: Macarthur

Building Information

  • Year Built: 1979
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: IRVING
  • Subdivision Name: Northwest Park 09thinstallment S

Tax Information

  • Tax Annual Amount: 9562.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 32359700020030000
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3748.0

General Information

  • Appliances: Dishwasher,Electric Range,Refrigerator
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: High Speed Internet,Cable TV
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Attached Carport,Additional Parking,Covered,On Site,Off Street
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.269
  • Lot Size Area: 0.269
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11717.64
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport Spaces: 4.0
  • Carport: Yes
  • Covered Spaces: 4.0
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 4

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.

3940 Portland Street 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.

3940 Portland Street Market Data

Based on the last 30 days in this zip code

$728,692
Average List Price
$305
Average Price per Square Foot
17
Properties Sold
73
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network


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