5316 Columbia Avenue new Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75214
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision East Columbia Place Add
MLS Listing ID 20805109
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1984
Annual Tax Amount $11,358
Lot Size 6,359 Sqft
Property Description
Investment Opportunity in East Dallas - Prime Location Near Lakewood & Santa Fe Trail. Don't miss this rare opportunity to own a fully functional, income-producing duplex in one of East Dallas' most desirable neighborhoods. Located just minutes from Lakewood, the Santa Fe bike trail, and a wide variety of shops and restaurants, this property offers both convenience and potential. The duplex features a total of 4 bedrooms, 4 full baths, and 2 half baths, with separate living areas on each side. Both units include wood-burning fireplaces, creating a cozy atmosphere, and offer the benefit of two single-car garages—one for each unit. Each side also boasts private fenced-in patios with lush grass, ideal for outdoor relaxation.
Unit 5316 is currently occupied with a month-to-month lease, offering immediate rental income potential. Unit 5314 is vacant and move-in ready, providing the flexibility to live in one side while generating income from the other. Additionally, both sides of the duplex are available for individual purchase, giving you flexibility in your investment strategy. Whether you're an owner-occupant or investor, this property offers a unique opportunity in a high-demand area. Take advantage of this fantastic East Dallas investment—schedule your tour today! **Seller is doing 1031 exchange at no cost to buyer** Square footage is taken from tax records. Buyer to determine each side prior to purchase.
Location
State TX
County Dallas
Interior
Heating Electric
Cooling Electric
Flooring Carpet,Linoleum
Exterior
Garage Spaces 2.0
Utilities Available City Sewer,City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Lipscomb
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA