5316 Columbia Avenue

Dallas, TX 75214

$625,000
Price
4
Beds
2
Baths
2
1/2 Baths
2,304 Sq. Ft.
$271 / Sq. Ft.
2,304
Sq. Ft.
$271
per Sq. Ft.

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.
  1. Listed by Caryn Frakes • TREC #0728643 • JPAR • 817-988-1748

Property Details for 5316 Columbia Avenue

Subdivision Name
East Columbia Place Add
Pool
No
Garage Spaces
2
Number Of Parking Spaces
2
LISTING UPDATED: 01/09/2025 09:10 AM

Property Details for 5316 Columbia Avenue

StatusActive
MLS #20805109
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1984
Lot Size0.15 AC / 6,359 SF
CountyDallas County

Building Information for 5316 Columbia Avenue

Stories2Residences2Year Built1984Building Size-Lot Size0.15 AC / 6,359 SF

Property Information for 5316 Columbia Avenue

Summary
Location and General Information
  • Block: F/675
  • Complex Name: East Columbia Place
  • Directions: From Munger Blvd, head East on Columbia Ave, 4th on right past Henderson and Columbia intersection.
  • Elementary School: Lipscomb
  • Elementary School Name: Lipscomb
  • High School: Woodrow Wilson
  • High School Name: Woodrow Wilson
  • Middle School: Long
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.80
  • Longitude: -96.76
  • State: Texas
Parking
  • Parking Features: Garage Single Door
  • Parking Spaces Covered Total: 2
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: EAST COLUMBIA PLACE ADDN BLK F/675 LOT 4 ACS
  • Association Type: None
  • Tax Lot: 4
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Linoleum
  • Heating: Electric
  • Interior Features: Granite Counters
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.146
  • Lot Size Area: 0.146
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6359.76
  • Multi Parcel ID: No
  • Parcel Number: 0006750F000040000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Average Lease Amount: $.00
  • Kitchen Length: 13.0
  • Kitchen Width: 7.0
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Master Bed Length: 12.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 0
Unit 2
  • Average Lease Amount: $.00
  • Kitchen Length: 13.0
  • Kitchen Width: 7.0
  • Living Area Length: 17.0
  • Living Area Width: 12.0
  • Master Bed Length: 12.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 0

Property History for 5316 Columbia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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5316 Columbia Avenue is a multi-family home for sale in Dallas, TX 75214. This property was listed for sale on January 8, 2025 by JPAR, it's currently listed at $625,000. It has been on the market for a total of 1 days and was last sold on June 13, 2016. This listing's school district is Dallas Independent School District. Nearby schools include Mount Auburn Elementary School, J L Long Middle School and Woodrow Wilson High School. 5316 Columbia Avenue is a 4-bed, 3-bath, 2,304 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JPAR, Caryn Frakes

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/09/2025 09:10 AM