6205 Lovett Ave - Multi-Family FOR SALE


Dallas, TX 75227- Urbandale-Parkdale
$362,000 USD
214-578-0087
6205 Lovett Ave, Dallas, TX for Sale
$362,000 USD
Multi-Family - FOR SALE
1/17
null | Request Cap Rate

6205 Lovett Ave
Dallas, TX 75227
Urbandale-Parkdale


HIGHLIGHTS

  • Turnkey Investment – Fully leased duplex generating rental income with tenants in place.
  • Updated Interiors – Both units feature luxury vinyl plank flooring, upgraded kitchens, and modernized bathrooms.
  • Private Garage – Each unit includes its own detached 1-car garage for added tenant convenience and value.
  • Location – Located minutes from Downtown Dallas, Lakewood, Greenville Ave, and SMU—highly desirable for tenants.
  • Growth Potential – Situated in a rapidly developing area with strong rental demand and long-term appreciation upside.
  • Property website: https://buildout.com/website/6205lovettave

OVERVIEW

Excellent Investment Opportunity – Fully Leased Duplex Near Downtown Dallas This full duplex sits on a spacious 0.38-acre lot with convenient access to downtown Dallas, Lakewood, Greenville Avenue, and SMU. Both units are currently leased, offering immediate cash flow. Unit 1: Approximately 1,000 SF, 3 bedrooms, 2 full bathrooms. Tenant-occupied with a lease in place through May 2026 at $1,850/month. Unit 2: Approximately 672 SF, 2 bedrooms, 1 full bathroom. Tenant-occupied on a month-to-month basis at $1,300/month. Each unit features updated kitchens and bathrooms, luxury vinyl plank flooring, and comes with a detached one-car garage. Located in an area experiencing significant development and revitalization, this property presents strong long-term investment potential. Note: Photos are virtually staged to highlight the property’s possibilities. Tours are permitted during the option period only, and prospective buyers and their representatives are responsible for conducting their own due diligence. This information is not to be considered as a substitute for professional guidance and independent verification. **All property tours must be scheduled through the listing agent, and tenants must not be disturbed. **

FOR SALE DETAILS

PRICE

$362,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

2

PRICE/UNIT

$181,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,733 SF

ZONING

-

APN/PARCEL ID

00000436267000000

ASK ABOUT THIS PROPERTY

Angela HarwellColdwell Banker Commercial Apex RealtorsMore Info
214-578-0087

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Angela HarwellColdwell Banker Commercial Apex RealtorsMore Info
214-578-0087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.