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Income-Generating Quadplex Opportunity

5309 Reiger Avenue, Dallas, TX 75214

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For Sale

$725,000

MULTI_FAMILY - Dallas, TX

Lot size:

0.23 Acres

HighLights

Rare East Dallas quadruplex within walking distance to Swiss Avenue
Unit mix: three 1 bed, 1 bath units and one 2 bed, 1 bath unit
Current rents: 1 bed units leased at $1,085, $1,135, and $1,000; 2 bed unit leased at $1,375
Updates include roof replacement in 2012 and all PVC waste lines replaced
HVAC updates: 3 of 4 HVAC units replaced within the last 5 years
Utilities: all tenants pay their own electric; top tenants pay water, while bottom tenants have owner‑paid water

We can help!

Listing Contact

Harrison Sharp

For Sale

$725,000

MULTI_FAMILY - Dallas, TX

Lot size:

0.23 Acres

Added:: Apr 14, 2026
Days on Market:: 60
Last Refresh:: Jun 12 at 1:06 am

Property Features for 5309 Reiger Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 5
Rooms: Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 5, Bedroom 1, Bathroom 1, Bathroom 4
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: Electric (Heating), Central
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 1925
Floors in Building: 2
Number of units: 4
Roof type: Composition

We can help!

Listing Contact

Harrison Sharp

Listing agent Harrison Sharp License #0735232

Listing office BK Real Estate North Richland Hills, TX

Listing date Apr 14, 2026

MLS# 21238193 Listing URL

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.

HighLights

Rare East Dallas quadruplex within walking distance to Swiss Avenue
Unit mix: three 1 bed, 1 bath units and one 2 bed, 1 bath unit
Current rents: 1 bed units leased at $1,085, $1,135, and $1,000; 2 bed unit leased at $1,375
Updates include roof replacement in 2012 and all PVC waste lines replaced
HVAC updates: 3 of 4 HVAC units replaced within the last 5 years
Utilities: all tenants pay their own electric; top tenants pay water, while bottom tenants have owner‑paid water

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Pink Kitty Studios Photography Service

Suggested Use

Location Insight

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Local Demand

City: Dallas
County: Collin
State: Texas
Longitude: -96.760683
Latitude: 32.799912

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For sale
Quadplexes
TX
Dallas
75214
5309 Reiger Avenue

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: Rare East Dallas quadruplex within walking distance to Swiss Avenue; Unit mix: three 1 bed, 1 bath units and one 2 bed, 1 bath unit; Current rents: 1 bed units leased at $1,085, $1,135, and $1,000; 2 bed unit leased at $1,375

5309 Reiger Avenue, Dallas, TX 75214

MULTI_FAMILY - Dallas, TX

Property Features for 5309 Reiger Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Property with Yard Access

High-Traffic Convenience Retail Store

Two-Story Live-Work Office Building

Former Church Redevelopment Facility

Church Campus with Fellowship Facilities

Mixed-Use Commercial Property with Two Units

Multifamily Investment Property

Medical Office Condo with Highway Frontage

Two-Unit Full Duplex

Freestanding Medical Office Building

Flex Space with Grade-Level Roll-Up

Two-Unit Duplex With Private Yards

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