6136-6140 Oram Street, Dallas, TX 75214
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: adam murphy214-303-1133
Office: dave perry miller real estate
MLS#:21177974
Source:GDAR
Price summary
- Price:$5,000,000
- Price per sq. ft.:$400.71
About this home
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.
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Home facts
- Year built:2013
- Listing ID #:21177974
- Added:4 day(s) ago
- Updated:March 10, 2026 at 11:54 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:26
- Full bathrooms:20
- Half bathrooms:6
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Living area:12,478 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Zoned
- Heating:Central, Electric, Fireplaces, Zoned
Structure and exterior
- Roof:Composition
- Year built:2013
- Building area:12,478 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Few Trees, Landscaped
- Construction Materials:Frame, Wood Siding
- Foundation Description:Slab
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Geneva Heights
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$400.71
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Prewired, Smoke Detectors, Window Coverings
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