Dallas, TX 75219 4231 Gilbert Avenue

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21057221
  • 09/16/2025
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Presented By: Paige Whiteside with Coldwell Banker Realty; 214-828-4300
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 16
  • Full/Half Baths • 11 / 5
  • Year Built • 1973

Home Details

Fantastic opportunity to purchase this portfolio in the Heart of Oaklawn and just blocks from Highland Park. 4231 Gilbert has 6 one bedroom and one bath units and the total square footage of the units according to the tax assessor is 4248 square feet and the lot is 8002 ft. 4235 Gilbert has 5 2 bedroom and 1.5 baths units and the the square footage of the units is 4640 according to the tax assessor and the lot is 8002 square feet. The 4235 units are two story with the living room and kitchen on the second floor. These properties are very well kept and have ample parking with front parking and some carports in the back area. Please reach out to me for more information and a tour. The rent roll and expenses are in the documents portion of this listing.
Presented By: Paige Whiteside with Coldwell Banker Realty; 214-828-4300

Interior Features for 4231 Gilbert Avenue

Bedrooms

Total Bedrooms16

Bathrooms

Half Baths5
Total Baths16

Other Interior Features

Fireplace FeaturesLiving Room
Fireplaces Total1
FlooringCarpet, Ceramic Tile, Wood
Interior FeaturesDecorative Lighting, Eat-in Kitchen
Lock Box TypeCall Listing Office
Occupancy Rate100
Total Units11
Unit Count
Window FeaturesWindow Coverings

General for 4231 Gilbert Avenue

# of Buildings2
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal
Capitalization Rate5.55
CityDallas
Complex NameBowser and Lemmon Oaklawn
Construction MaterialsBrick
CoolingCentral Air
CountyDallas
DirectionsUse GPS
Elementary SchoolMilam
Elementary School NameMilam
Full Baths11
Gross Annual Expenses19208.02
HOA TypeNone
HeatingCentral
High SchoolNorth Dallas
Insurance Expense11250
LevelsTwo
Listing TermsCash, Conventional
Occupant TypeTenant
Pool Y/NNo
PossessionNegotiable
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameBowser & Lemmons Oak Lawn
Unexempt Taxes17516
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1973
Year Built DetailsPreowned

Exterior for 4231 Gilbert Avenue

Attached Garage Y/NNo
Building Area Total4248.00
Covered Spaces5
Exterior FeaturesBalcony, Courtyard, Covered Patio/Porch, Lighting
FencingBrick, Wood
Foundation Other
Garage Y/NNo
Lot Size Acres0.1840
Lot Size Area0.1840
Lot Size Square Feet8015.0400
Lot Size UnitsAcres
Number Of Parking Spaces22
Parking FeaturesCarport, Common, Parking Lot
Patio And Porch FeaturesCovered
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Milam Elementary School
Middle School N/A
High School N/A

Suzanne Smith

Broker/Owner
Price $3,150,000
MLS#21057221
List Date 09/16/2025
Property Type Multi-Family
Phone 903.235.4216
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