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4929 Reiger Dallas, TX $ 5,500,000
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$ 5,500,000 Get more info
4929 Reiger
$ 5,500,000
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4929 Reiger

Dallas, TX, 75214
$ 5,500,000
Bedrooms38 Baths38.0

Monthly Estimate*

$ 38,419

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Multi-Family Home for sale in Dallas, TX

for $5,500,000 with 38 bedrooms and 38 full baths. This home was built in 1962 on a lot size of 0.9995.

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.

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

38

Full Bath

38

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.9995

Year Built

1962

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

20567840
Features
Interior
Interior Features Cable TV Available Eat-in Kitchen High Speed Internet Available Open Floorplan Walk-In Closet(s)
Flooring Laminate
Total Units 38
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General
Heating Other
Complex Name The Carolina
Cooling Ceiling Fan(s) Central Air Other
Utilities City Sewer City Water Electricity Connected Master Gas Meter Master Water Meter
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Refrigerator Vented Exhaust Fan
School District Dallas ISD
Pool Y/N 0
Year Built 1962
Levels Two
Property SubType Apartment
Subdivision Name East Dallas
County Dallas
Property Type Residential Income
Construction Materials Brick Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Head west on Munger from Columbia Ave...Turn south on to Reiger...Building is located on the north side of Reiger
City Dallas
Buyer Agent Compensation 1.5
Elementary School Name Lipscomb
High School North Dallas
Street Name Reiger
Elementary School Lipscomb
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt Assigned Covered Electric Gate
Foundation Pillar/Post/Pier
Building Area Total 29946.00
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Internal Only
Street Number 1 4929
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* Excluded Features
List By
Matthew Cassidy

Listing Agent

Perry Guest Company

Broker

Affordability Calculator

$38,419
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,419
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286233 Elementary School
286523 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/22/2024$5,500,000 Listed Price

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4929 Reiger, Dallas, TX, 75214 is a Multi-Family Home for sale at $5,500,000 with a lot size of 0.9995. 4929 Reiger has 38 bedrooms, 38.0 baths, and was built in 1962. The property's zip code is 75214 which is in Dallas, TX

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