Lakewood Multifamily Investment
5921 Gaston Avenue, Dallas, TX 75214
- Added:
- Mar 28, 2026
- Days on Market:
- 55
- Last Refresh:
- May 21 at 2:06 pm
Property Features for 5921 Gaston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking
- 14
- Parking features
- Carport, Covered
- Interior features
- Granite Counters, Walk-in Closet(s)
- Appliances
- Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 00000183022000000
- Lot size
- 0.34 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Flooring type
- Carpet, Tile, Vinyl
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Matteo Faeth License #0619346 (469) 554-0430
Listing office Dallas Property Advisors, LLC 3309 Elm St., Dallas, TX (469) 554-0430
Listing date Mar 28, 2026
MLS# 21222149
Listing URL
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HighLights
- Value‑add opportunity to renovate interiors and common areas for increased rental income.
- Located in the highly desirable Lakewood submarket of East Dallas.
- Large residential units with spacious layouts appealing to renters.
- Strong visibility and convenient access to Downtown Dallas, Uptown, Lower Greenville, and White Rock Lake.
- Infill location with limited new supply, ensuring durable occupancy and rent growth.
- Attractive unit mix with amenities like granite counters, dishwasher, and washer.
Overview
Located in the Lakewood submarket of East Dallas, Texas, 5921 Gaston Avenue presents a multifamily investment opportunity. The property features 12 residential units with spacious layouts. Situated on Gaston Avenue, the property offers visibility and access to Downtown Dallas, Uptown, Lower Greenville, and White Rock Lake. The location is within a residential area known for long-term demand. The Lakewood submarket has high barriers to entry and proximity to lifestyle amenities. A value-add strategy exists to renovate interiors, enhance common areas, and implement operational efficiencies. The large unit sizes and infill location provide an advantage relative to newer developments. The 0.336-acre property offers investors the opportunity to acquire a multifamily asset in one of East Dallas’s stable submarkets, with upside through renovation and repositioning.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.757858
- Latitude
- 32.810307
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in desirable Lakewood, East Dallas.
Where is this apartment building located?
The property is located at 5921 Gaston Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Value‑add opportunity to renovate interiors and common areas for increased rental income.; Located in the highly desirable Lakewood submarket of East Dallas.; Large residential units with spacious layouts appealing to renters.
