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Triplex Rental Property
For Sale
$309,900

5118 Ash Ln, Dallas, TX 75223

Three-unit multifamily property with established residential income use.

Property Size2,234 SF
Price / SF$138.72
Days on Market68

Property Features for 5118 Ash Ln

General Information

Standard status Active
Size 2,234 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Seller will not complete repairs

Additional Details

Multifamily Units 3

Building Details

Year Built 1923
Listing Agency: eXp Realty, LLC
Listed By: Brian Sindell · License #0789875
Source: Thebryandavisgroup
Added: Aug 13 Changed: Oct 9 Last Checked: Oct 7 at 4:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

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Investment Insights

Based on property information with market context.

This multifamily property contains three residential units within 2,234 square feet of building area. Constructed in 1923, the asset offers an existing triplex configuration for residential rental use.

The property is located at 5118 Ash Ln in Dallas, Texas 75223. Seller repairs are not included, and the property is offered for sale in its current condition.

Key Highlights

  • Three‑unit triplex configuration
  • 2,234 square feet of building area
  • Built in 1923

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby

Demographics for 75223, TX

13,898
Population
4,872
Households
2.9
Avg Household Size
35
Median Age
24%
College-Educated
65%
High-School Grad
3.1 sq mi
ZIP Area
4,483
Density / Sq Mi
$66,641
Median Household Income
$35,470
Median Earnings
$1,363
Median Rent
$244,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit multifamily property with established residential income use.
Where is this triplex located?
The property is located at 5118 Ash Ln Dallas, TX.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Three‑unit triplex configuration; 2,234 square feet of building area; Built in 1923
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