5200-5210 Reiger Ave

For Sale

5200-5210 Reiger Ave, Dallas, TX 75214

This Dallas property for sale is located at 5200-5210 Reiger Ave. The current listed sale price for 5200-5210 Reiger Ave is $1,595,000. 5200-5210 Reiger Ave is situated on a lot that is 1.16 acre in size.

Contacts

Grant Guest

Perry Guest Company

Property Details

  • Property Type Multi-Family
  • Property Size 16,154 SF
  • Units 32
  • Lot Size 1.16 Acre
  • Year Built 1925
  • Date Updated Apr 29, 2026
Corner of Reiger Ave & Munger BlvdLocated in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block—totaling over 50,000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550–$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket.
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Highlights

  • In-Place Cash Flow: Stabilized rooming house operations with management onsite
  • Redevelopment Upside: Redevelop and sell individually (two single-family homes + two multifamily buildings)
  • Repositioning Opportunity: Convert to traditional long-term multifamily or residential use
  • Scale & Location: Full-block assemblage in a premier historic district (50,397 sqft of Land)
  • Value-Add Potential: Increase rents and optimize current rooming house operations

Getting around

  • 62/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 76/100

    Bike Score ®

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Location

  • City Dallas, TX
  • Neighborhood Munger Place
  • Zip Code 75214
  • Market Dallas Fort Worth

Points of Interest

  • Fair Park

    1.21 miles

  • MLK Jr.

    1.76 miles

  • Deep Ellum

    1.83 miles

  • CityPlace & Noble

    2.11 miles

  • CityPlace & McKinney

    2.16 miles

  • Blackburn & West Village

    2.18 miles

  • McKinney & Lemmon

    2.22 miles

  • Federal & Olive

    2.25 miles

  • Cole & West Village

    2.26 miles

  • Olive & San Jacinto

    2.26 miles

  • Phillips 66

    0.15 miles

  • Valero

    0.46 miles

  • 7-Eleven

    0.64 miles

  • Shamrock

    0.67 miles

  • Sunoco

    0.80 miles

  • Peak Mart

    0.86 miles

  • Texaco

    0.90 miles

  • eVgo

    2.59 miles

  • Perot Museum of Nature and Science

    2.81 miles

  • Tesla Supercharger

    3.48 miles

  • Lot 49

    0.94 miles

  • Lot 45

    0.96 miles

  • Parking Lot 57

    0.99 miles

  • Lot 36

    1.00 miles

  • Parking Lot 24

    1.03 miles

  • Lot 44

    1.05 miles

  • Parking Garage 7

    1.05 miles

  • Lot 42

    1.06 miles

  • Lot 43

    1.07 miles

  • Residence Parking

    1.07 miles

  • Element Dallas Downtown East

    1.05 miles

  • Home2 Suites by Hilton Dallas Downtown at Baylor Scott & White

    1.37 miles

  • Palace Suites Dallas

    1.53 miles

  • The Pittman

    1.82 miles

  • Best Western

    1.95 miles

  • Quality Inn & Suites Dallas-Cityplace

    1.95 miles

  • La Quinta Inn

    2.06 miles

  • Canopy by Hilton Dallas Uptown

    2.06 miles

  • Dallas Marriott City Center

    2.17 miles

  • Sheraton Dallas

    2.19 miles

  • La Azteca Meat Market

    0.50 miles

  • ALDI

    0.89 miles

  • Fiesta Mart

    0.90 miles

  • El Rancho

    0.96 miles

  • Sprouts Farmers Market

    1.08 miles

  • Trader Joe's

    1.23 miles

  • Whole Foods Market

    1.27 miles

  • La Michoacana Meat Market

    1.54 miles

  • Ross

    1.66 miles

  • Kroger

    1.69 miles

Contact Listing Broker
Grant Guest

Perry Guest Company

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