The star is located at a distance of 19.3 light-years from the Sun based on parallax, and it is drifting further away with a radial velocity of +6 km/s.

Calculations of its orbit around the Milky Way showed that it is eccentric, and indicate that it might be a thick disk object.

[7] The stellar classification of Gliese 754 is M4V,[2] indicating that this is a small red dwarf star on the core hydrogen fusing main sequence.

It is radiating just 0.5%[4] of the luminosity of the Sun from its photosphere at an effective temperature of around 3,202 K.[5] In June 2019, a candidate exoplanet in orbit around Gliese 754 was reported in a preprint.

A 77-day signal was detected, similar to the orbital period of this putative planet, but this may be caused by stellar activity.