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Widget Way 4810 Gaston Ave 12 Unit Apartment Building $1,250,000 ($104,167/Unit) Dallas, TX 75246
Executive Summary
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.?
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $104,167 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 8,448 SF |
| No. Units | 12 | Average Occupancy | 53% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Low-Rise | Parking Ratio | 0.71/1,000 SF |
| Zoning | MF2A | ||
| Price | $1,250,000 |
| Price Per Unit | $104,167 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,448 SF |
| Average Occupancy | 53% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | MF2A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 500 |
| 2+1 | 4 | - | 762 |
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00000124543000000 | Improvements Assessment | $834,090 |
| Land Assessment | $440,910 | Total Assessment | $1,275,000 |
Property Taxes
Parcel Number
00000124543000000
Land Assessment
$440,910
Improvements Assessment
$834,090
Total Assessment
$1,275,000
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Widget Way | 4810 Gaston Ave