$479,000
$71K PRICE DROP

Estimated payment $3,499/month

Total Views 18,007
-- Bed
-- Bath
2,304 Sq Ft
$208 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Luxury Vinyl Plank Tile Flooring
  • Woodrow Wilson High School Rated A-
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

Seller is offering $5000 in incentives towards buyer closing. Rare Updated Duplex in Prime East Dallas Location! Welcome to 5316 Columbia Ave, a fully updated duplex offering incredible versatility and investment potential in one of Dallas’s most sought-after neighborhoods. Built in 1984 and thoughtfully renovated, this property features two units each with 2 bedrooms, 2.1 bathrooms, and 1,152 sqft of living space totaling over 2,300 sqft combined. Both sides showcase modern interior updates, including refreshed kitchens, updated bathrooms, and stylish finishes throughout, making it truly move-in ready. With a functional layout designed for today’s lifestyle, this property is ideal for investors, house hackers, or multigenerational living. Each side has its own private entrance and outdoor space, offering comfort and privacy for residents. Situated on a .073-acre lot per side and perfectly located near Downtown Dallas, Lower Greenville, and Lakewood, this duplex offers easy access to top dining, shopping, and entertainment options. Priced at $550,000 for the entire property, this is a unique opportunity to own a cash-flowing asset or a personal residence with income potential in a high-demand area. Don’t miss out opportunities like this in 75214 are rare! 5316 and 5314 is rented till 2026

Listing Agent

Oseni Aruna

Dave Perry Miller Real Estate Brokerage Phone: 214-522-3838 License #0735364 Listed on: 04/26/2025

Dave Perry Miller Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,358

Year Built

  • Built in 1984

Parking

  • 2 Car Attached Garage
  • Parking Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Decorative Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Lipscomb Elementary School
  • Woodrow Wilson High School

Additional Features

  • 6,360 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / F/675
  • Assessor Parcel Number 0006750F000040000

Community Details

Overview

  • 2 Units
  • 2,304 Sq Ft Building
  • East Columbia Place Add Subdivision

Building Details

  • Gross Income $40,680
  • Net Operating Income $27,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,358

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-522-3838
  • CapRate: 5.78
  • Co List Office Mls Id: DPMA04
  • Special Features: VirtualTour
  • Year Built: 1984

Interior Features

  • Fireplace Features: Living Room
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Walk-In Closet(s)
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dryer, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer
  • Fireplaces: 2

Exterior Features

  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Concrete
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Garage, Parking Lot, Private
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lipscomb
  • High School: Woodrow Wilson
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.146
  • Parcel Number: 0006750F000040000
  • Lot Size Acres: 0.146
  • Lot Size Sq Ft: 6359.76

Building Info

  • Year Built: 1984
  • Units Total: 2

Multi Family

  • Insurance Expense: 3030.0
  • Annual Gross Income: 40680.0
  • Property Net Operating Income: 27695.0

Tax Info

  • TaxBlock: F/675
  • Tax Lot: 4
  • Tax Annual Amount: 11358.0

MLS Schools

  • MiddleOrJuniorSchool: Long

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,544 $469,600 $190,320 $279,280
2024 $9,544 $508,200 $190,320 $317,880
2023 $9,544 $355,850 $158,600 $197,250
2022 $6,401 $259,160 $0 $0
2021 $7,012 $265,810 $126,880 $138,930
2020 $7,211 $265,810 $126,880 $138,930
2019 $7,563 $265,810 $126,880 $138,930
2018 $5,158 $189,680 $50,750 $138,930
2017 $5,158 $189,680 $50,750 $138,930
2016 $4,317 $158,770 $50,750 $108,020
2015 $4,355 $158,770 $50,750 $108,020
2014 $4,355 $158,770 $50,750 $108,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $479,000 -2.0% $208 / Sq Ft
07/05/2025 07/05/25 Price Changed $489,000 -2.0% $212 / Sq Ft
06/20/2025 06/20/25 Price Changed $499,000 -2.2% $217 / Sq Ft
06/18/2025 06/18/25 Price Changed $510,000 -1.9% $221 / Sq Ft
06/13/2025 06/13/25 Price Changed $520,000 -4.6% $226 / Sq Ft
06/02/2025 06/02/25 Price Changed $545,000 -0.9% $237 / Sq Ft
04/28/2025 04/28/25 For Sale $550,000 -- $239 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Foreclosure Deed $177,450 None Available
Quit Claim Deed -- None Available
Vendors Lien -- Dnt
Vendors Lien -- None Available
Warranty Deed -- Hftc
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,500 Stand Alone Second
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $180,000 Fannie Mae Freddie Mac
Previous Owner $135,200 Purchase Money Mortgage
Previous Owner $149,150 No Value Available
Closed $33,800 No Value Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20915411

North Texas Real Estate Information Systems (NTREIS)

APN: 0006750F000040000