6136-6140 ORAM STREET, DALLAS, TX 75214
Homes for sale in Dallas.
Homes for sale in 75214.
6136-6140 Oram Street
Dallas, TX 75214
List Price$5,000,000
Listing #21177974
About This Property
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.
Property Features
Location Information
County
Dallas
Subdivision
R E Hubbard Jr
Interior Features
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Smart Home, Cable TV, Walk-In Closet(s)
Heating
Central, Electric, Fireplace(s), Zoned
Full Baths
20
Cooling
Central Air, Ceiling Fan(s), Electric, Zoned
1/2 Baths
6
Floors
Carpet, Tile, Wood
Has Fireplace
Yes
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Number of Fireplaces
6
Total Number of Units
10
Exterior Features
Construction
Frame, Wood Siding
Patio / Deck Description
Awning(s), Patio, Balcony
Exterior
Balcony, Lighting, Private Yard
Pool Description
None
Foundation
Slab
Lot Description
Landscaped, Few Trees
Roof
Composition
Lot Size in Acres
0.195
Water / Sewer
Other, Sewer Available, Water Available, Cable Available
Lot Size in Sq. Ft.
8,494
Utilities
Other, Sewer Available, Water Available, Cable Available
Lot Dimensions
100x150
Security System
Prewired, Smoke Detector(s)
Buildings
2
Parking Description
Garage, Garage Door Opener, Off Street
Building Total Area (Sq. Ft.)
12,478
Has Garage
Yes
Is One Story
No
Garage Spaces
20
Lot Description
Landscaped, Few Trees
Fencing
Back Yard, Wood
Windows Description
Window Coverings
School
Elementary School District
Dallas ISD
Jr. High School
Long
Elementary School
Geneva Heights
High School
Woodrow Wilson
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Exclusions
Tenants belongings
Property SubType
Apartment
Community Features
Fenced Yard
Year Built
2013
Lot Acres Source
Other
Status
Active
Similar Listings
Mortgage Calculator
$23,349
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$18,017
Monthly Tax
$4,166
Monthly Insurance
$1,166
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
