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506 N Lancaster Avenue
Dallas TX 75203 US

$880,000

Active Listing ID 21229843
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.16 Acres
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Other

$880,000

Active Listing ID 21229843
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506 N Lancaster Avenue Located in the heart of North Oak Cliff, this updated 2023 4-plex offers a rare opportunity just minutes from Bishop Arts District and Downtown Dallas. The property updated in 2023 features (2) 2-bedroom 1-bath units and (2) 1-bedroom 1-bath units, providing flexible living and rental options in a highly desirable Dallas location. Residents enjoy close proximity to some of the city's best dining, entertainment, and cultural attractions, along with easy access to major employment centers in Downtown Dallas. Nearby parks and green spaces, including Lake Cliff Park, offer additional recreation and outdoor appeal.The area continues to experience strong growth and redevelopment, making this an excellent opportunity for both owner-occupants and investors seeking long-term value in a rapidly appreciating corridor of Oak Cliff. Short term rental and Airbnb eligible with projected $12.8k a month income and 12% cap rate at asking. Survey available on transaction desk.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Electric
  • Exterior Finish: Balcony, PrivateEntrance
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Central, Natural Gas

School Information

  • School
  • Bowie(Elementary)
  • Garcia(MiddleSchool)
  • Adamson(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 880000
  • unparsedaddress: 506 N Lancaster Avenue
  • postalcity: Dallas
  • stateorprovince: TX
  • country: US
  • postalcode: 75203
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1594
  • lotsizeunits: Acres
  • lotsizearea: 0.1594
  • livingarea: 3744
  • livingareaunits: Square Feet
  • latitude: 32.75412
  • longitude: -96.813863
  • listagentfullname: Tiffany Turincio
  • listagentkey: 3yd-NTREIS-0722031
  • listagentmlsid: 0722031
  • listagentpreferredphone: (817) 703-6513
  • listofficekey: 3yd-NTREIS-KARL01AR
  • listofficemlsid: KARL01AR
  • disclaimer: 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.
  • sourcesystemid: NTREIS
  • yearbuilt: 1945
  • countyorparish: Dallas
  • parcelnumber: 00000250228000000
  • elementaryschool: Bowie
  • highschool: Adamson
  • elementaryschooldistrict: Dallas ISD
  • middleorjuniorschooldistrict: Dallas ISD
  • highschooldistrict: Dallas ISD
  • appliances: Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, GasCooktop, Disposal, GasOven, GasRange, Microwave, Refrigerator, TanklessWaterHeater
  • cooling: Central Air, Electric
  • flooring: Vinyl
  • heating: Electric (Heating), Central, Natural Gas
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: KitchenIsland, MultipleStaircases, OpenFloorplan, Pantry, CableTv, WalkInClosets
  • exteriorfeatures: Balcony, PrivateEntrance
  • rooms: Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.813866, 32.75412
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kimberly Adams Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"k@karealty.us", "ListBrokerageCity":"Fate", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Kimberly Adams Realty, LLC", "ListBrokeragePhone":"(817) 703-6513", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"170 Balfour Drive", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KARL01AR", "ListOfficeCity":"Fate", "ListOfficeCountry":"US", "ListOfficeEmail":"k@karealty.us", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Dallas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/506-N-Lancaster-Ave_Dallas_TX_75203_M87166-37335?f=listhub&s=NTREIS&m=21229843&c=rexren", "MLSModificationTimestamp":"2026-04-29 23:19:21", "Neighborhoods":[{"Description":null, "Name":"Oak Cliff Original"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13902, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/4/2026 1:34:05 PM GMT
Source Updated Date: 6/26/2026 6:41:16 PM GMT

Courtesy of: Tiffany Turincio, Kimberly Adams Realty

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.