1 / 12Value-add
$2,640,000
30-Unit Multifamily in Dallas, TX
Dallas County, TX · listed May 19, 2026 (162 days)
Price per unit compared
This property$88K
Within ~40 mi (137)$140K
Texas median (1,029)$100K
- $/unit
- $88,000
- ▼ 12% vs TX · 40th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 30
- 2 bldg · 1960
Financials
- Asking price
- $2,640,000
- Price per unit
- $88,000
- Price per sq ft
- $115
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 83%
As stated by the seller. Verify during due diligence.
Building
- Units
- 30
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 1960
- Building size
- 22,912 sq ft
- Avg unit size
- 764 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 19, 2026
- Days on market
- 162 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1808
About this property
Highlights
- Located within minutes of Deep Ellum, Baylor Medical District, and the Santa Fe Trail, providing access to major employment hubs.
- Site benefits from proximity to Columbia Avenue retail, dining, and fitness options.
- Public Transportation
- Commuter Rail
- Drive
- Walk
- Distance
- 7 min
- -
- 3.0 mi
- 8 min
- -
- 3.0 mi
- Transit/Subway
- Drive
- Walk
- Distance
- Fair Park (Green Line - Dallas Area Rapid Transit (DART))
- 4 min
- 20 min
- 1.1 mi
- Airport
- Drive
- Walk
- Distance
- Dallas Love Field
- 18 min
- -
- 6.9 mi
- Dallas-Fort Worth International
- 32 min
- -
- 23.0 mi
Highlights
- Two Adjacent Apartments - 30 Units
- New Roof Installed at 4523 Reiger in 2020
- New HVAC Installed at 4535 Reiger in 2020
- Located Just South of Popular Munger Place
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
 Dallas, TX▼ 6% cut | $1.49M | $248K$248K | — |
| Dallas, TX New construction | $1.3M | $65K$65K | — |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX Value-add | $2.12M | $133K$133K | — |
| Dallas, TX Vacant | $450K | $50K$50K | — |