4-Unit
5004 E Side Avenue, Dallas, TX 75214
For Sale
$550,000
ResidentialIncome, Dallas, TX
Property Size3,136 SF
Lot Size0.14 Acres
Price / SF$175.38
Days on Market95
Property Features for 5004 E Side Avenue
General Information
Property type
Property subtype
Parking
Parking features
Interior features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit washer and dryer connections
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Buildings
Listing Agency:
NB Elite Realty
(214) 296-9695
Listed By:
Anthony Coleman · License TX #0646416
(844) 444-6237
Added: Aug 11
Changed: Nov 10
Last Checked: Nov 13 at 1:06PM
MLS# 21356233
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.
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Investment Insights
Based on property information with market context.
Built in 1930, this two-story quadplex contains four two-bedroom, one-bathroom residences within 3,136 square feet. Each unit has washer and dryer connections, and the building includes central heating and air conditioning. Additional features include a composition-shingle roof, siding, and carport parking, with spaces available at both the front and rear. Kitchens have eat-in areas, dishwashers, and electric ranges; interior finishes include laminate, carpet, and linoleum flooring.
The property occupies a 5,998-square-foot lot in Dallas, with access to public water and sewer. Downtown Dallas, Baylor University Medical Center, Lower Greenville, Deep Ellum, and White Rock Lake are identified nearby destinations. Public transportation, major arterial roads, retail, and dining are also cited in the surrounding area.
The property occupies a 5,998-square-foot lot in Dallas, with access to public water and sewer. Downtown Dallas, Baylor University Medical Center, Lower Greenville, Deep Ellum, and White Rock Lake are identified nearby destinations. Public transportation, major arterial roads, retail, and dining are also cited in the surrounding area.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 3,136‑square‑foot building on a 5,998‑square‑foot lot (0.138 acres)
- Built in 1930; two‑story configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,686
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,720
$953.7K
Cap Rate 7%
$681,229
$681.2K
Cap Rate 9%
$529,844
$529.8K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$97.1K $30.96/SF
− Vacancy
−$10.4K −$3.31/SF
EGI
$86.7K $27.65/SF
− OpEx
−$39.0K −$12.44/SF
NOI
$47.7K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,720
Cap Rate 7%
$681,229
Cap Rate 9%
$529,844
Alternative Uses
Best Use
Multifamily LT 5
$787.7K
$689.3K – $919.0K
NOI $55,142 @ 7.0% cap · market cap 10.03%
Second Best
Apartment 5plus
$681.2K
$596.1K – $794.8K
NOI $47,686 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,406 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
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Business Placement
Demographics for 75214, TX
35,664
Population
17,474
Households
2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
4,885
Density / Sq Mi
$128,917
Median Household Income
$81,149
Median Earnings
$1,536
Median Rent
$707,400
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Dallas, TX
Properties on Market for Quadplexes in Dallas
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story residential income property with washer and dryer connections in every unit.
Where is this quadplex located?
The property is located at 5004 E Side Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,136‑square‑foot building on a 5,998‑square‑foot lot (0.138 acres); Built in 1930; two‑story configuration
