# 506 N Lancaster Avenue, Dallas, TX 75203

> **TL;DR:** 6bd/4ba multi-family, $880,000 ($235/sqft), built 1945, 3,744 sqft. Est. $3,813/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $880,000 |
| Price/sqft | $235 |
| Bedrooms | 6 |
| Bathrooms | 4 full |
| Square Feet | 3,744 |
| Year Built | 1945 |
| Lot Size | 6,943 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,813 |
| **Total** | **$3,813** |

## Nearby Schools

- **Elementary:** Bowie

## Property Highlights

- Built in 1945
- 0.16 acre lot
- 2 stories
- 6 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 506 N Lancaster Avenue, Dallas, TX 75203
- **County:** Dallas
- **Neighborhood:** Oak Cliff Original
- **Coordinates:** 32.75412, -96.813863
- **Google Maps:** https://www.google.com/maps?q=32.75412,-96.813863

## Listing Agent

- **Name:** Tiffany Turincio
- **Brokerage:** Kimberly Adams Realty
- **Phone:** 8175134708
- **Email:** tiffanyturincio@gmail.com

## Primary Photo

![506 N Lancaster Avenue - Primary Photo](http://lh.rdcpix.com/21ba23c5358fa75c2948ba3fd5adf7c7l-f1835313209r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/506-n-lancaster-avenue-dallas-tx-75203-21229843)*

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**MLS#:** 21229843 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/506-n-lancaster-avenue-dallas-tx-75203-21229843)

---

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