FOR SALE1 ACRE
4929 Reiger Ave
Dallas, TX 75214
Munger Place- Studio
- 29,946 sqft (on 1 acre)
- Studio
- 29,946 sqft (on 1 acre)
Studio
29,946 sqft
(on 1 acre)
Local Information
© Google
-- mins to
Commute Destination
Description
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.
Home Highlights
Parking
24 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$184
Listed
36 days ago
Home Details for 4929 Reiger Ave
Interior Features |
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Appliances & Utilities Utilities: Electricity Connected, Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust FanDishwasherDisposalRefrigerator |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),OtherHeating Fuel: Other |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate |
Exterior Features |
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Exterior Home Features Roof: CompositionFoundation: Pillar/Post/Pier |
Parking & Garage Parking Spaces: 24Parking: Assigned,Asphalt,Covered,Electric Gate |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 36 |
Property Information |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Apartment |
Building Construction Materials: Brick, Wood Siding |
Property Information Parcel Number: 1430 00A 00400 1DA1430 00A |
Price & Status |
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Price List Price: $5,500,000Price Per Sqft: $184 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: DallasCommunity: East Dallas |
School Information Elementary School: LipscombElementary School District: Dallas ISDJr High / Middle School: LongJr High / Middle School District: Dallas ISDHigh School: North DallasHigh School District: Dallas ISD |
Agent Information |
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Listing Agent Listing ID: 20567840 |
Building |
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Building Area Building Area: 29946 Square Feet |
HOA |
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No HOA |
Lot Information |
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Lot Area: 1 acre |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 1.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 20567840Living Area Range Units: Square FeetAttribution Contact: 214-528-9250 |
Last check for updates: about 19 hours ago
Listing courtesy of Matthew Cassidy 0714494, (214) 528-9250
Perry Guest Company
Source: NTREIS, MLS#20567840
Price History for 4929 Reiger Ave
Date | Price | Event | Source |
---|---|---|---|
03/22/2024 | $5,500,000 | Listed For Sale | NTREIS #20567840 |
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Comparable Sales for 4929 Reiger Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | - | 03/07/24 | - | 7,301 | ||
0.85 | Multi-Family Home | - | 03/20/24 | - | 47,498 | ||
0.29 | Multi-Family Home | - | 02/29/24 | 8 | - | 6,783 | |
0.28 | Multi-Family Home | - | 02/29/24 | 8 | - | 4,454 | |
0.30 | Multi-Family Home | - | 08/25/23 | 4 | - | 3,848 | |
0.34 | Multi-Family Home | - | 09/21/23 | 3 | 3 | 2,600 | |
0.33 | Multi-Family Home | - | 08/09/23 | 6 | - | 3,064 | |
0.30 | Multi-Family Home | - | 01/11/24 | 8 | - | 2,760 | |
0.33 | Multi-Family Home | - | 07/27/23 | 3 | 3 | 2,155 | |
0.33 | Multi-Family Home | - | 05/19/23 | 3 | 3 | 2,596 |
What Locals Say about Munger Place
- Chloe G.
- Resident
- 3y ago
"I live in the best neighborhood in the US. Gorgeous bourse, walkable streets, friendly accepting neighbors, porch parties on Fridays with kids running around, and generally good people living their best lives."
- Meredith t.
- Resident
- 6y ago
"Wide streets, historic homes, friendly neighbors, tall trees, walking distance to parks and playgrounds"
- Chrystinp
- 12y ago
"I have lived in this neighborhood for 20 years and it is a fabulous neighborhood. Extremely active in public affairs, Mom's groups, neighborhood porch parties 9 months of the year, great schools, lots going on, and we're central to everything. Within five miles of almost everything you'd want to do. Five or so blocks from I-30, which is a straight shot to Fort Worth (about 30-40 minute drive). Midway is Arlington with the Ballpark, the Cowboys, Six Flags, Water park (drawing a blank on the name, Hurricane Harbor?). Really, I don't think there's a better neighborhood, anywhere!"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matthew Cassidy, Perry Guest Company
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
4929 Reiger Ave, Dallas, TX 75214 is a studio, 29,946 sqft multi-family built in 1962. 4929 Reiger Ave is located in Munger Place, Dallas. This property is currently available for sale and was listed by NTREIS on Mar 22, 2024. The MLS # for this home is MLS# 20567840.