Dallas, TX 75214,6136-6140 Oram Street
Dallas, TX 75214,6136-6140 Oram Street
Dallas, TX 75214,6136-6140 Oram Street
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$5,000,000
Est. payment /mo
20 Beds
26 Baths
12,478 SqFt
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 12,478 sqft

Subdivision R E Hubbard Jr

MLS Listing ID 21177974

Bedrooms 20

Full Baths 20

Half Baths 6

HOA Y/N None

Total Fin. Sqft 12478

Year Built 2013

Lot Size 8,494 Sqft

Acres 0.195

Lot Dimensions 100x150

Property Sub-Type Apartment

Property Description

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.

Location

State TX

County Dallas

Community Perimeter Fencing

Direction Greenville to Oram.

Interior

Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry, Smart Home System, Walk-In Closet(s)

Heating Central, Electric, Fireplace(s), Zoned

Cooling Ceiling Fan(s), Central Air, Electric, Zoned

Flooring Carpet, Tile, Wood

Fireplaces Number 6

Fireplaces Type Living Room, Wood Burning

Appliance Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heat Source Central, Electric, Fireplace(s), Zoned

Exterior

Exterior Feature Balcony, Lighting, Private Yard

Garage Spaces 20.0

Fence Back Yard, Wood

Community Features Perimeter Fencing

Utilities Available City Sewer, City Water, Sewer Available, Other

Roof Type Composition

Total Parking Spaces 20

Garage Yes

Building

Lot Description Few Trees, Landscaped

Story Three Or More

Foundation Slab

Level or Stories Three Or More

Structure Type Frame,Wood

Schools

Elementary Schools Geneva Heights

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21177974

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Listed by Adam Murphy • Dave Perry Miller Real Estate

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Reflect Real Estate

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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