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Columbia Multifam Development 4532 Columbia Ave

6 Unit Apartment Building $1,499,000 ($249,833/Unit) Dallas, TX 75226

Apartment Buildings Texas Dallas 4532 Columbia Ave, Dallas, TX 75226

Investment Highlights

  • Redevelopment Area
  • Spacious 4800 square foot structure presents an ideal base for redevelopment plans, perfect for office or multi-family use.
  • Several other developments taking place currently

Executive Summary

Discover the potential of this rare 16,000 square foot lot nestled in the heart of East Dallas, boasting an existing 4800 square foot dwelling ripe for transformation. Perfectly positioned for redevelopment, this property is currently in the process of re-zoning to Multifamily, promising enhanced profitability and strategic growth.
Location: Situated in sought-after East Dallas, renowned for its vibrant community and rapid development.
Lot Size: Generous 16,000 square foot lot providing ample space for a multifamily project.
Existing Dwelling: Spacious 4800 square foot structure presents an ideal base for redevelopment plans, perfect for office or multi-family use.
Development Potential: Pending re-zoning to Multifamily, unlocking significant value and maximizing ROI.
Strategic Investment: Ideal for investors seeking to capitalize on East Dallas' burgeoning real estate market and high demand for multifamily housing.
Explore the possibilities of this multifamily development opportunity poised for exponential growth and prosperity in East Dallas. Contact us today to schedule a viewing and secure your position in one of Dallas' most dynamic neighborhoods.

Property Facts

Price $1,499,000 Apartment Style Townhome
Price Per Unit $249,833 Building Class C
Sale Type Investment Lot Size 0.37 AC
Sale Conditions Redevelopment Project Building Size 16,000 SF
No. Units 6 No. Stories 2
Property Type Multifamily Year Built 1916
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
 Parking Ratio 0.06/1,000 SF
Price $1,499,000
Price Per Unit $249,833
Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
Apartment Style Townhome
Building Class C
Lot Size 0.37 AC
Building Size 16,000 SF
No. Stories 2
Year Built 1916
Parking Ratio 0.06/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
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4532 Columbia Ave, Dallas, TX - aerial map view - Image1
4532 Columbia Ave, Dallas, TX - aerial map view - Image2
4532 Columbia Ave, Dallas, TX - aerial map view - Image3
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00000126265000000 Improvements Assessment $151,090
Land Assessment $400,000 Total Assessment $551,090

PROPERTY TAXES

Parcel Number
00000126265000000
Land Assessment
$400,000
Improvements Assessment
$151,090
Total Assessment
$551,090

zoning

Zoning Code Office/Multifam (Previously zoned as MultFam, then converted to office. Currently working with the city of Dallas to convert back to Multi-Fam to maximize opportunity)
Office/Multifam (Previously zoned as MultFam, then converted to office. Currently working with the city of Dallas to convert back to Multi-Fam to maximize opportunity)
(817) 978-4230

  • Listing ID: 32161006

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 4532 Columbia Ave, Dallas, TX 75226

More public record information on 4532 Columbia Ave, Dallas, TX 75226

The White Rock Multifamily Property at 4532 Columbia Ave, Dallas, TX 75226 is currently available. Contact RHA Commercial for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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Columbia Multifam Development | 4532 Columbia Ave
(817) 978-4230 x

Columbia Multifam Development | 4532 Columbia Ave

Jesse Castillo

(817) 978-4230

(817) 978-4230

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