Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

6140 Oram St 10 Unit Apartment Building $6,835,250 CAD ($683,525 CAD/Unit) Dallas, TX 75214

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Fully leased 10-unit townhome asset in the Lakewood neighborhood of Dallas with stable in-place income.
  • Turn-key, professionally managed property providing immediate operational stability.
  • Adjacent to the Skillman Shopping Center with immediate access to neighborhood retail and dining.
  • Two-bedroom townhome units with attached two-car garages, private yards, balconies, and in-unit laundry.
  • Located between Lower Greenville and the Lakewood Shopping Center, two of East Dallas’ most active retail corridors.
  • Value-add potential supported by nearby upgrades at 5830 Oram Street that achieved rent growth.

Executive Summary

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 Broker for financials and rent roll.

Property Facts

Price $6,835,250 CAD
Price Per Unit $683,525 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.39 AC
Building Size 24,265 SF
Average Occupancy 100%
No. Stories 3
Year Built 2013
Parking Ratio 0.99/1,000 SF
Zoning MF-2(A)

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Pantry
  • Patio
  • Window Coverings

Site Amenities

  • Fenced Lot
  • Walking/Biking Trails
  • Private Bathroom
  • Fiber Optic Internet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 6 $4,238 CAD 1,319 - 1,376
2+2 4 $3,919 CAD 1,087
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39690972

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 6140 Oram St, Dallas, TX 75214

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}