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2308 Britton Dr, Dallas, TX 2308 Britton Dr 5 Unit Apartment Building $589,900 ($117,980/Unit) 7.40% Cap Rate Dallas, TX 75216

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Executive Summary

Presenting 2308 Britton Dr, a well-maintained 5-unit multifamily property located in the heart of Dallas (75216). This two-story building offers a strong 7.4% Cap Rate and consistent cash flow with a 7.5 GRM.
Situated on a 2,780 SF lot, this 1925-build combines historic character with investment stability. Ideally suited for investors looking for a value-add opportunity or a stable income-producing asset in an area with steady rental demand.

Property Facts

Price	$589,900	Apartment Style	Low-Rise
Price Per Unit	$117,980	Building Class	C
Sale Type	Investment	Lot Size	0.21 AC
Cap Rate	7.40%	Building Size	2,780 SF
Gross Rent Multiplier	7.5	Average Occupancy	80%
No. Units	5	No. Stories	2
Property Type	Multifamily	Year Built	1925
Property Subtype	Apartment Multifamily Apartments
Zoning	Multifamily Residential

Price	$589,900
Price Per Unit	$117,980
Sale Type	Investment
Cap Rate	7.40%
Gross Rent Multiplier	7.5
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment Multifamily Apartments
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.21 AC
Building Size	2,780 SF
Average Occupancy	80%
No. Stories	2
Year Built	1925
Zoning	Multifamily Residential

Unit Amenities

Air Conditioning
Heating

Kitchen

Refrigerator

Range

Site Amenities

24 Hour Access
Tenant Controlled HVAC

Trash Pickup - Curbside

Wi-Fi

Smoke Detector

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+2	1	$1,525	710

1 1

Property Taxes

Parcel Number	00000311191000000	Improvements Assessment	$203,720
Land Assessment	$67,500	Total Assessment	$271,220

Property Taxes

Parcel Number

00000311191000000

Land Assessment

$67,500

Improvements Assessment

$203,720

Total Assessment

$271,220

(682) 808-3574

Contact

Nick Lamaison
Nick Lamaison

Listing ID: 39005772
Date on Market: 1/8/2026
Last Updated:
Address: 2308 Britton Dr, Dallas, TX 75216

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2308 Britton Dr, Dallas, TX | 2308 Britton Dr

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