708 N Marsalis, Dallas, TX 75203

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Sold Price
$?
List Price
$1,600,000
Status
CLOSED
Closing Date
Jun 29, 2026
MLS#
21203966
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1958
Bedrooms
20
Bathrooms
20
Full Baths
20
Lot Size
18,295
Acres
0.42
Subdivision
Oak Cliff Original
Building Name
Saint Francis

Property Description

Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Average rents range from 700-800 all bills paid.

Additional Information

Interior Features
Other
Building Name
Saint Francis
Flooring
Carpet, Vinyl
Appliances
Dishwasher
Heating
Other
Air Conditioning
Electric
Stories
2
Levels
Two
Roof
Composition
Foundation
Pillar/Post/Pier
Parking Features
Paved
School District
Dallas Isd
Elementary School
Bowie
Middle School
Garcia
High School
Adamson

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Calculator source: Real Geeks

Listing courtesy of Michael Berkowitz from Colonial Commercial RE LLC. Contact: 817-632-6200

Selling Office: Gilchrist & Company.

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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