Property
Beds
20
Full Baths
20
1/2 Baths
6
Year Built
2013
Sq.Footage
12,478
6136–6140 Oram Street presents the opportunity to acquire a fully leased, professionally managed 10-unit townhome asset in the Lakewood neighborhood of Dallas, one of the city’s most supply-constrained infill locations, supported by a proven value-add model executed nearby. The property consists of 10 two-bedroom townhomes, offering an alternative to conventional multifamily and appealing to tenants seeking the space, privacy, and functionality of a single-family home within an urban setting. Each residence includes an attached two-car garage, private fenced backyard, open-concept living areas, in-unit laundry, and spacious bedrooms with en suite bathrooms. Kitchens feature stainless steel appliances and functional finishes, while private balconies extend the living space and reinforce the townhome-style design that has supported consistent occupancy. Located within walking distance of Lower Greenville and minutes from Lakewood and Downtown Dallas, the property benefits from strong, durable rental demand in an established neighborhood. The surrounding area is largely built out, with limited available land and minimal new townhome rental supply, making assets of this type difficult to replicate. The investment thesis is reinforced by a comparable repositioning completed in 2025 at 5830 Oram Street, three blocks away, where targeted interior and exterior upgrades produced measurable rental growth without structural renovation. 6136–6140 has not undergone those improvements, allowing a new owner to implement a similar program over time as units turn while maintaining in-place income. The offering combines stable cash flow with a clearly defined path to revenue growth in a submarket where comparable assets rarely come to market. Ask agent for financials and rent roll.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Granite Counters, Open Floorplan, Pantry, Walk-In Closet(s), High Speed Internet, Smart Home
-
Total Bedrooms
20
-
Bathrooms
20
-
1/2 Bathrooms
6
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric, Fireplace(s), Zoned
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding, Frame
-
Other Exterior Features
Balcony, Lighting, Private Yard
-
Parking
Garage, Garage Door Opener, Off Street, Attached
-
Patio and Porch Features
Awning(s), Patio
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Few Trees, Landscaped
-
Lot Size(acres)
0.195
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$5,000,000
-
Sq. Footage
12, 478
-
Price/SqFt
$400
HOA
-
Association
No
School District
-
Elementary School
Geneva Heights
-
Middle School
Long
-
High School
Woodrow Wilson
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
A
-
Water Source
Public
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Location
County
Dallas
Elementary School
Geneva Heights
Middle School
Long
High School
Woodrow Wilson
Listing Courtesy of Adam Murphy , Dave Perry Miller Real Estate
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AGENT
Joe Boston
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