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Triplex with Carport and Garage
For Sale
$309,900

5118 Ash Lane, Dallas, TX 75223

ResidentialIncome, Dallas, TX

Property SizeContact for details
Lot Size0.17 Acres
Days on Market60

Property Features for 5118 Ash Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Parking 3
Parking features Open, Garage, Carport, On Street
Interior features BuiltInFeatures
Appliances Dishwasher, ElectricCooktop, Disposal
Subdivision Caldwells R D
Elementary school Roberts
Middle school Dade
High school Madison
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions Use GPS
Standard status Active
APN 00000145885000000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description EAST SIDE BLK 11/1248 LT 22
Tax Annual Amount 7755
Legal Description EAST SIDE BLK 11/1248 LT 22

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 3
Flooring type Tile, Carpet
Building materials FiberCement, WoodSiding
Roof type Composition
Listing Agency: eXp Realty, LLC
Listed By: Brian Sindell · License #0789875
Added: Jul 17 Changed: Sep 12 Last Checked: Sep 14 at 7:06AM
MLS# 21217019

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Dallas triplex was built in 1923 and includes three bedrooms and three bathrooms. Interior features include built-in elements, carpet and tile flooring, a dishwasher, electric cooktop, and disposal. Central air, ceiling fans, and electric heating serve the residence, while fiber cement and wood siding form the exterior. The property also has a composition roof.

Parking options include a carport, garage, open parking, and on-street spaces. Public water and public sewer serve the property. The parcel encompasses 0.166 acres at 5118 Ash Lane in Dallas, Texas 75223.

Key Highlights

  • Triplex configuration with 3 bedrooms and 3 bathrooms
  • Built in 1923 on a 0.166‑acre parcel
  • Parking includes carport, garage, open, and on‑street options

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Computer & Electronic Repair Electrical Service Pharmacy Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with central air, public utilities, and multiple parking options.
Where is this triplex located?
The property is located at 5118 Ash Lane 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: Triplex configuration with 3 bedrooms and 3 bathrooms; Built in 1923 on a 0.166‑acre parcel; Parking includes carport, garage, open, and on‑street options
More about this property
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