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$4,950,000 - $6,050,000
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Multifamily -
Off Market
4929 Reiger
Dallas, TX 75214
Studio
0 Bath
About This Property
Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX
75214
This 38-unit multifamily property is in the sought-after East Dallas market.
Renovated in 2015-2017, the two-story brick building offers a mix of studios, one, and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units have in-unit laundry options.
Situated on 1.0 acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years.
This property offers great value-add potential through increasing rental income.
THE CAROLINA is offered at price point under what it would cost to build today at only $183 a foot. Perfect opportunity for an investor seeking strong rental demand or looking for a strategic location.
This 38-unit multifamily property is in the sought-after East Dallas market.
Renovated in 2015-2017, the two-story brick building offers a mix of studios, one, and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units have in-unit laundry options.
Situated on 1.0 acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years.
This property offers great value-add potential through increasing rental income.
THE CAROLINA is offered at price point under what it would cost to build today at only $183 a foot. Perfect opportunity for an investor seeking strong rental demand or looking for a strategic location.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1962
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2024 | Listed | $5,500,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Brick and Wood
Wood
4929 Reiger
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
