4927 & 4931 Bryan Street, Dallas, TX for sale

Investment Overview

Located on a corner lot in the heart of East Dallas, 4927 & 4931 Bryan offers investors a two-building, 20-unit apartment portfolio with existing rental income, renovation upside, and long-term redevelopment potential. All residences feature one-bedroom, one-bathroom layouts, with convenient access to the dining, shopping, and entertainment destinations of Lower Greenville, Henderson Avenue, and the Knox District. 4927 Bryan has been remodeled, with individual HVAC condenser units and in-unit washer/dryers throughout. At 4931 Bryan, two units feature individual HVAC condensers and washer/dryers, while the remaining units use window air conditioning—providing a clear opportunity to pursue higher rents through similar upgrades and interior renovations. The renovated building allows buyers to maintain rental income while completing improvements at the second property. The combined corner site also offers potential for redevelopment into a new apartment community of 18 or more units, subject to applicable city approvals. Buyers have multiple paths to creating value: operate the existing portfolio, complete the remaining renovations to grow net operating income, or pursue future redevelopment in an established East Dallas neighborhood.

Investment Highlights

• Highly Desirable Dallas Location: Lower Greenville, Henderson Avenue, and the Knox District’s
• 20-Unit Portfolio: Two buildings on a corner site
• Multiple Investment Strategies: Value-add renovations, redevelopment, or operate as-is with light updates