5316 Columbia Avenue
$625,000
4
2
2
2,304
2,304
$271
New
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...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.
- Listed by Caryn Frakes • TREC #0728643 • JPAR • 817-988-1748
Property Details for 5316 Columbia Avenue
Subdivision Name
East Columbia Place Add
PoolNo
Garage Spaces2
Number Of Parking Spaces2
LISTING UPDATED: 01/09/2025 09:10 AM
Property Details for 5316 Columbia Avenue
Status | Active |
---|---|
MLS # | 20805109 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Full Duplex |
Year Built | 1984 |
Lot Size | 0.15 AC / 6,359 SF |
County | Dallas County |
Building Information for 5316 Columbia Avenue
Stories2Residences2Year Built1984Building Size-Lot Size0.15 AC / 6,359 SF
Property Information for 5316 Columbia Avenue
Property History for 5316 Columbia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5316 Columbia Avenue
Taxable ValueLand$190,320Additions$317,880Total$508,200
Tax Record2024$9,799 ($817 / month)
Home Facts
Baths3Total Finished SqFt2,304 SqFtAbove Grade Finished SqFt2,304 SqFtStories2Lot Size6,344 SqFtStyleDuplexYear Built1984ZoningZ69CountyDALLASAPN0006750F000040000Fireplace TypeHas Fireplace
Schools near 5316 Columbia Avenue
This home is within Dallas Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 8 |
Rating | School | Distance |
---|---|---|
Mount Auburn Elementary School PublicPK to 5 | ||
J L Long Middle School Public6 to 8 | ||
Woodrow Wilson High School Public9 to 12 | ||
ILEARN VIRTUAL Public3 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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