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Zoned MF-2 Development Land

5321 Reiger Avenue, Dallas, TX 75214

For Sale
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Land parcel in East Dallas zoned MF-2, with plans for 9 townhomes and an existing 4-unit quadplex.

Property SizeContact for details
Days on Market201

Property Features for 5321 Reiger Avenue

General Information

Standard status Active
Property subtype Multifamily, Land
Zoning MF-2
Investment Type Redevelopment

Site & Location

Neighborhood Junius Heights

Additional Details

Multifamily Units 4

Building Details

Year Built 1927
Buildings 1
Stories 2
Listing Agency: Perry Guest Investment Services
Listed By: Harris Arnhart · License TX #0636257
Source: Crexi
Added: Apr 27 Changed: Nov 12 Last Checked: Nov 12 at 7:14AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering includes approximately 12,800 square feet of land in East Dallas zoned MF-2, with no historic district restrictions. The seller has plans for 9 townhomes that are ready to permit, and those plans are included in the sales price.

The property currently has a quadplex with four units built in 1927. The sale is positioned for land value and development.

Please note the existing building is not available for showings until a contract has been executed.

Key Highlights

  • 12,800 SF land parcel in East Dallas zoned MF‑2
  • Existing quadplex with 4 units, built in 1927
  • Plans included for 9 townhomes, ready to permit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Dallas, TX

$267 Jul
$219 Aug
$215 Sep
$210 Oct

Properties on Market for Quadplexes in Dallas

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Land parcel in East Dallas zoned MF-2, with plans for 9 townhomes and an existing 4-unit quadplex.
Where is this quadplex located?
The property is located at 5321 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12,800 SF land parcel in East Dallas zoned MF‑2; Existing quadplex with 4 units, built in 1927; Plans included for 9 townhomes, ready to permit
(903) 399-0212 Call to check price and availability
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