1 / 912-Unit Multifamily in Dallas, TX
Dallas County, TX · listed Jun 3, 2026 (147 days)
▼ Reduced 10% on Sep 7, 2026, was $1,250,000
- $/unit
- $93,750
- ▼ 6% vs TX · 44th pct
- Cap rate
- 3.3%
- ▼ 4.1 pts vs TX median
- NOI
- $41K
- $3,401/unit/yr
- Units
- 12
- 1 bldg · 1959
Financials
- Asking price
- $1,125,000
- Price per unit
- $93,750
- Price per sq ft
- $133
- Gross rent / year
- Not stated
- Net operating income
- $40,816
- NOI per unit
- $3,401
- Cap rate
- 3.3%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- 8 one-bedroom and Four two-bedroom floorplans
- Buildings
- 1
- Year built
- 1959
- Building size
- 8,448 sq ft
- Avg unit size
- 704 sq ft
- Lot size
- 0.34 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 3, 2026
- Days on market
- 147 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Sep 7, 2026: $1.25M → $1.13M
- Location
- Approximate (~0.5 mi)
- Listing #
- 2088
About this property
4810 Gaston is a 12-unit multifamily investment opportunity located in the heart of Old East Dallas, one of the city's most rapidly evolving urban neighborhoods. The property presents investors with a compelling value-add opportunity through interior renovations, operational improvements, and future rental upside. Positioned just minutes from Downtown Dallas, Uptown, Deep Ellum, and Lower Greenville, the asset benefits from strong tenant demand driven by its central location and walkable urban amenities. Surrounded by ongoing redevelopment and significant multifamily growth, 4810 Gaston offers long-term appreciation potential in a highly desirable submarket. With immediate access to major employment hubs, entertainment districts, and transportation corridors, the property is well-positioned for both near-term cash flow growth and future value creation.
Multifamily | 12 Units | $93,750/unit
Highlights
- Prime East Dallas Location - Situated in one of Dallas' most desirable urban neighborhoods with close proximity to Downtown Dallas, Deep Ellum, Lower Greenville, and Uptown.
- Value Add Opportunity - Significant upside potential through unit renovations, operational improvements, and strategic rent growth in a rapidly appreciating submarket.
- Attractive and Versatile Unit Mix - Comprised of 12 units, including 8 one-bedroom and Four two-bedroom floorplans, appealing to a broad tenant base
- Strong Rental Demand - The property benefits from consistent tenant demand driven by nearby employment centers, entertainment districts, and walkable li
- Urban Infill Asset - Located within a high-barrier-to-entry corridor experiencing ongoing redevelopment, multifamily investment activity, and increasing property values.
- Strong In-place Rents with upside - Current rents provide immediate cash flow with additional upside through mark-to-market opportunities on select units
- Convenient Accessibility - Immediate access to major transportation corridors including I-30, US-75, and Downtown Dallas employment hubs enhances long-term tenant appeal and investment stability.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Dallas, TX Vacant | $450K | $50K$50K | — |
| Dallas, TX High yieldValue-add | $1.15M | $115K$115K | 7.4% |
| Dallas, TX NewHigh yieldVacant | $450K | $50K$50K | 10% |
 Dallas, TXNew construction | $3.25M | $232K$232K | 5% |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX High yieldVacant | $450K | $50K$50K | 23.4%gy |