Search
New Multifamily Community in Dallas
For Sale
$3,250,000

5317 Reiger Avenue, Dallas, TX 75214

Boutique 26-unit multifamily property in dynamic East Dallas neighborhood.

Property Size9,387 SF
Price / SF$150.44
Days on Market150

Property Features for 5317 Reiger Avenue

General Information

Standard status Active
Size 9,387 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $49,846

Building Details

Building Size 9,387 SF
Year Built 2025
Listing Agency: Perry Guest Company
Listed By: Harris Arnhart · License #0714494
Source: Nilesrealtygroup
Added: Mar 27 Changed: Aug 23 Last Checked: Aug 22 at 5:50AM

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 Company

Investment Insights

Based on property information with market context.

The Reiger is a newly constructed, boutique multifamily community featuring 26 units. It is located in a dynamic and walkable neighborhood in East Dallas, just outside the Junius Heights Historic District. The property combines modern design and efficient unit layouts. Its location offers proximity, character, and convenience, which is in demand from renters. The property is located minutes from Lower Greenville and the Henderson Avenue corridor, which offers dining, retail, and entertainment options. Lakewood is a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and neighborhood amenities. Designed as a high-end multifamily property, The Reiger appeals to renters seeking modern finishes, new construction quality, and an East Dallas address. The property size is 21603 square feet.

Key Highlights

  • New construction (2025) in a highly desirable, walkable East Dallas location.
  • Proximity to Lower Greenville and Henderson Avenue dining, retail, and entertainment.
  • Boutique 26‑unit multifamily community offering exclusivity.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Acupuncture Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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 - Boutique 26-unit multifamily property in dynamic East Dallas neighborhood.
Where is this apartment building located?
The property is located at 5317 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: New construction (2025) in a highly desirable, walkable East Dallas location.; Proximity to Lower Greenville and Henderson Avenue dining, retail, and entertainment.; Boutique 26‑unit multifamily community offering exclusivity.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message