Income-Generating Quadplex
5309 Reiger Avenue Dallas, TX 75214
For Sale
$725,000
MULTI_FAMILY - Dallas, TX
Lot Size0.23 Acres
Days on Market107
Property Features for 5309 Reiger Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
5
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 5
Parking
4
Interior features
HighSpeedInternet, CableTv
Standard status
Active
APN
00000156682000000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
APPEL & HARPER'S BLK 1493 PT LTS 2 & 3 63.1X1
Tax Annual Amount
14859
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
BK Real Estate
(972) 677-9172
Listed By:
Harrison Sharp · License #0735232
(806) 281-8511
Added: Apr 14
Changed: Jul 27
Last Checked: Jul 29 at 5:06PM
MLS# 21238193
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.
Investment Insights
Based on property information with market context.
Rare quadruplex in a quickly developing East Dallas area, within walking distance to Swiss Avenue. The property contains three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, supporting diversified rent roll performance.
The current owner has completed several key improvements, including all PVC waste lines, replacement of three of the four HVAC units within the last five years, and a roof replacement in 2012. Tenant-paid utilities are handled separately, with tenants paying their own electric and top-unit tenants paying water, while bottom-unit water is paid by the owner with no charge-back.
For investors or owner-operators, this setup offers an income-focused foundation along with a value-add angle, particularly given the stated rent levels being under market for the area. With redevelopment activity and teardowns occurring nearby, the property’s fundamentals and upgrade history may appeal to buyers looking to hold, reposition, or enhance long-term value.
The current owner has completed several key improvements, including all PVC waste lines, replacement of three of the four HVAC units within the last five years, and a roof replacement in 2012. Tenant-paid utilities are handled separately, with tenants paying their own electric and top-unit tenants paying water, while bottom-unit water is paid by the owner with no charge-back.
For investors or owner-operators, this setup offers an income-focused foundation along with a value-add angle, particularly given the stated rent levels being under market for the area. With redevelopment activity and teardowns occurring nearby, the property’s fundamentals and upgrade history may appeal to buyers looking to hold, reposition, or enhance long-term value.
Key Highlights
- Quadruplex with 3 one‑bed, one‑bath units and 1 two‑bed, one‑bath unit
- Current leases: 1BR at $1,085, $1,135, and $1,000; 2BR at $1,375
- Owner updates include all PVC waste lines
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with three 1-bedroom units and one 2-bedroom unit, featuring multiple recent systems updates.
Where is this quadplex located?
The property is located at 5309 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Quadruplex with 3 one‑bed, one‑bath units and 1 two‑bed, one‑bath unit; Current leases: 1BR at $1,085, $1,135, and $1,000; 2BR at $1,375; Owner updates include all PVC waste lines
