Four-Parcel Rooming House
5200-5210 Reiger Avenue Dallas, TX 75214
5200-5210 Reiger Avenue, Dallas, TX, 75214
$1,595,000
For Sale
Under Contract
$1,595,000
MULTI_FAMILY - Dallas, TX
Lot Size1.16 Acres
Days on Market10
Property Features for 5200-5210 Reiger Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 20
- Standard status
- Active Under Contract
- APN
- 00000152917000000
- Lot size
- 1.16 Acres
Taxes and HOA fees
- Tax Description
- MUNGER PLACE 2 BLK O/1428 TR 13-16 ACS 0.368 REI
- Tax Annual Amount
- 34836
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 32
- Building materials
- Brick, WoodSiding
- Roof type
- Composition
Listing agency
Perry Guest Company
(314) 724-5734
Listed by
Harris Arnhart · License #0636257
(469) 554-0430
Added: Jul 14 Checked: Jul 23 at 12:06AM
MLS# 21238074
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Investment Insights
Based on property information with market context.
This portfolio includes four contiguous properties comprising a full city block, with the buildings currently operating as a rooming house configuration totaling 50 rooms. An on-site manager is in place, supporting day-to-day operations. The offering is presented as-is, and the properties are described as not being able to be torn down, with renovation and redevelopment options available that are intended to contribute to the surrounding neighborhood.
The properties are located within the Munger Place Historic District in East Dallas, a highly desirable historic area. The contiguous layout across multiple parcels provides an opportunity to manage the asset as a cohesive investment, while the in-place rent structure supports immediate income performance.
For investors seeking a flexible strategy, the current rooming house operations, on-site management, and room count can support straightforward hold-and-operate objectives. At the same time, the stated availability of renovation and redevelopment provides a pathway to repositioning within a high-demand submarket, subject to the as-is condition and neighborhood contribution parameters noted in the remarks.
The properties are located within the Munger Place Historic District in East Dallas, a highly desirable historic area. The contiguous layout across multiple parcels provides an opportunity to manage the asset as a cohesive investment, while the in-place rent structure supports immediate income performance.
For investors seeking a flexible strategy, the current rooming house operations, on-site management, and room count can support straightforward hold-and-operate objectives. At the same time, the stated availability of renovation and redevelopment provides a pathway to repositioning within a high-demand submarket, subject to the as-is condition and neighborhood contribution parameters noted in the remarks.
Key Highlights
- Four contiguous properties in the Munger Place Historic District, spanning an entire city block
- Portfolio totals 50,000+ SF of land with four buildings operating as a rooming house
- Rooming house includes 50 rooms, with an on‑site manager in place
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Four contiguous rooming house buildings with 50 rooms and an on-site manager, offering immediate in-place income.
Where is this apartment building located?
The property is located at 5200-5210 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Four contiguous properties in the Munger Place Historic District, spanning an entire city block; Portfolio totals 50,000+ SF of land with four buildings operating as a rooming house; Rooming house includes 50 rooms, with an on‑site manager in place
