Multifamily Redevelopment
For Sale
Contact for pricing
4523 Reiger Avenue, Dallas, TX 75246
Redevelopment portfolio with two apartments totaling 30 units and an adjacent vacant lot, zoned PD-98.
Property Size22,912 SF
Lot Size1.15 Acres
Price / SF$130.50
Days on Market85
Property Features for 4523 Reiger Avenue
General Information
Standard status
Active
Size
22,912 SF
Class
C
Lot size
1.15 Acres
Property subtype
Multifamily, Land
Zoning
PD-98
Investment Type
Redevelopment
Additional Details
Multifamily Units
30
Building Details
Year Built
1960
Buildings
2
Listing Agency:
Perry Guest Investment Services
(314) 724-5734
Listed By:
Grant Guest · License #TX 0212340
Source:
Crexi
Added: May 19
Changed: Aug 8
Last Checked: May 26 at 9:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perry Guest Investment Services
Investment Insights
Based on property information with market context.
This portfolio offers the purchase of three adjacent sites in East Dallas, including two apartment properties totaling 30 units and one vacant lot. The assemblage is being sold for complete redevelopment of all three sites or, alternatively, with the option to keep the existing apartments and develop the vacant lot next door.
The land is zoned PD-98 and is described as having no historic designation. The offering includes the property at 4523 Reiger Avenue, Dallas, TX 75246, and forms a unified redevelopment opportunity across the connected parcels.
Prospective buyers can evaluate redevelopment as a combined project or plan phased changes while retaining the current apartment component and adding development activity on the vacant parcel.
The land is zoned PD-98 and is described as having no historic designation. The offering includes the property at 4523 Reiger Avenue, Dallas, TX 75246, and forms a unified redevelopment opportunity across the connected parcels.
Prospective buyers can evaluate redevelopment as a combined project or plan phased changes while retaining the current apartment component and adding development activity on the vacant parcel.
Key Highlights
- 50,218 SF land in East Dallas, zoned PD‑98 (no historic designation reported)
- Redevelopment portfolio of 3 adjacent properties
- Two apartment buildings totaling 30 units
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Location Intelligence
Trade Area within ½ mile
3,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 75246, TX
2,458
Population
1,545
Households
1.6
Avg Household Size
38
Median Age
23%
College-Educated
79%
High-School Grad
0.5 sq mi
ZIP Area
4,916
Density / Sq Mi
$49,665
Median Household Income
$38,088
Median Earnings
$1,045
Median Rent
$449,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Redevelopment portfolio with two apartments totaling 30 units and an adjacent vacant lot, zoned PD-98.
Where is this apartment building located?
The property is located at 4523 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 50,218 SF land in East Dallas, zoned PD‑98 (no historic designation reported); Redevelopment portfolio of 3 adjacent properties; Two apartment buildings totaling 30 units
