4222 Newton Ave is a 6-unit garden-style multifamily property in Dallas’ Oak Lawn / Knox-Henderson area. The 1959-built property is 100% occupied and comprised entirely of 1BD/1BA units averaging 825 SF. The offering memorandum indicates a stabilized NOI of approximately $69,084, reflecting a ~4.93% cap rate and an implied GRM of roughly 12.8x on in-place income. Current average rents of $1,514 per unit ($1.84/SF) trail nearby comparables, suggesting upside potential through rent growth and light interior updates.