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$725,000
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Property Description
DO NOT DISTURB TENANTS, NO SHOWINGS UNTIL ACCEPTABLE EXECUTED OFFER. Come check out this RARE quadruplex located in a quickly developing and growing area is East Dallas within walking distance to the famous Swiss Avenue. The property is perfect is you're looking to generate income and watch your property value increase with the number of teardowns happening in this area. Three of the units are 1 bed, 1 bath, and the last unit is a 2 bed, 1 bath. The 1 bed units are currently being leased at $1,085, $1,135, and $1,000 respectively and the 2 bed unit is being leased for $1,375. All of these rent numbers are way under market rent for this area and after renovating and updating each unit there is a value add play for the buyer. Other updates from the current owner include - All PVC waste lines, 3 of the 4 HVAC units have been replaced the last 5 years, and the roof was replaced in 2012. All tenants pay their own electric, the tenants on the top units pay their water, on the bottom units the owner pays water with no charge back to them.
Full Property Details
Full Property Details for 5309 Reiger Ave
General
- Price: $725,000
- Taxes: $14,859
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21238193
- Updated: 4/13/2026
- Added to Site: 52 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 4
- Parking Features: Other
Location
- County: Dallas
- Subdivision: Appel & Harpers
- Driving Directions: Use your GPS to take you right to the property.
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Lipscomb
- Middle School: Long
- High School: Woodrow Wilson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Other
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,848
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
Financial Considerations
- Tax Amount: $14,859
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: APPEL & HARPER'S BLK 1493 PT LTS 2 & 3 63.1X1
- Property ID: 156682000000
- Block: 1493
- Lot Number: 2
Listed by BK Real Estate, Harrison Sharp
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Schools
Schools serving 5309 Reiger Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
William Lipscomb Elementary School 5801 Worth Street, Dallas, TX 75214 | K-5 | 0.5 mi |
J L Long Middle School 6116 Reiger Avenue, Dallas, TX 75214 | 6-8 | 0.8 mi |
Woodrow Wilson High School 100 South Glasgow Drive, Dallas, TX 75214 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5309 Reiger Ave
Date
Details
Price
Change
Source
4/13/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5309 Reiger Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,066
-3%
$667,290
-1%
2024
$15,469
7%
$674,090
7%
2023
$14,409
-9%
$627,910
—
2022
$15,763
22%
$627,910
28%
2021
$12,934
-3%
$490,310
—
2020
$13,302
8%
$490,310
9%
2019
$12,301
-4%
$450,000
—
2018
$12,804
29%
$450,000
23%
2017
$9,952
18%
$366,000
18%
2016
$8,468
-1%
$311,420
—
2015
$8,535
17%
$311,300
16%
2014
$7,311
—
$267,520
—
2013
$7,284
—
$267,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5309 Reiger Ave
5309 Reiger Avenue, Dallas, TX 75214 (MLS# 21238193) is a Multi-Family property with 4 units containing 5 bedrooms and 5 full bathrooms. 5309 Reiger Avenue is currently listed for $725,000 and was received on April 13, 2026. Want to learn more about 5309 Reiger Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

