ALL IRVING HOMES
245 DAYSMULTI-FAMILY · IRVING PARK ACRES

$1,850,000

1516 W 7th Street, Irving, TX 75060
20 BD · 12 BA · 0 SQFT · BUILT 1972

Irving Park Acres, Irving — 245 days on the market.

This multifamily property presents a compelling opportunity for investors seeking value-add potential in the Dallas-Fort Worth market. Serious Portfolio Value Add! this asset offers the ability to increase income through strategic improvements and rental adjustments. The property features multiple units with functional layouts and a location positioned within a strong rental corridor. Current operations provide a foundation for increased net operating income, with market data supporting higher rental rates in the area. 10 units, 1,2, and 3 bedroom choices. 4 buildings for tenants and an extra building for storage! So much potential in one property in a high renter populated city. This is truly a special income property. Investors will appreciate the opportunity to enhance cash flow through: Rental rate optimization based on local comparables Interior and exterior updates Operational efficiencies This opportunity may be suitable for investors looking to expand or diversify a real estate portfolio within a high-demand region. Additional financials, rent roll, and property details available upon request. With its prime Irving location, strong tenant appeal, conveniently located between Dallas and Ft. Worth. With a solid 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.

01 — THE NUMBERS
DAYS ON MARKET
245
$ / SQFT
$Infinity
PROPERTY TYPE
Multi-family
YEAR BUILT
1972
STATUS
Pending
LISTED
NOV 28
LOT
0.884 AC
02 — KNOW THE CITY
IrvingFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($445K · NTREIS)
+316% VS MEDIANIRVING ISD · DALLAS COUNTY · 17 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYHaleyj
MIDDLEBowie
HIGHNimitz
DISTRICTIrving ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF 24FIFTEEN REALTYMLS# 21231711 · NTREIS
LAST UPDATED JUL 17, 2026, 5:57 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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