5315 Colonial Avenue, Dallas, TX 75215
5315 Colonial Avenue, Dallas, TX 75215
5315 Colonial Avenue, Dallas, TX 75215
5315 Colonial Avenue, Dallas, TX 75215
5315 Colonial Avenue, Dallas, TX 75215
5315 Colonial Avenue, Dallas, TX 75215
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
AARE Real Estate Services

AARE Real Estate Services

+1(888) 322-4368
$ 326,000
Est. payment | /mo

6 Beds

2 Baths

1,680 SqFt


$ 326,000
Est. payment | /mo

6 Beds

2 Baths

1,680 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Subdivision Ervay Place

MLS Listing ID 21429116

Bedrooms 6

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1680

Year Built 2020

Annual Tax Amount $9,066

Lot Size 7,013 Sqft

Acres 0.161

Property Sub-Type Duplex

Property Description

Excellent Turnkey Investment Opportunity in South Dallas

Fully renovated in 2026 and ready for immediate occupancy, this income-producing duplex presents an excellent opportunity for investors seeking rental potential and long-term appreciation in South Dallas. Both Unit A and Unit B offer 3 bedrooms, 1 full bathroom, spacious living areas, and separate kitchens, creating functional layouts with plenty of space. The property is being sold as a complete duplex under one address, offering the potential for multiple income streams and efficient property management.

Extensive renovations have transformed both units, featuring brand-new HVAC systems, updated electrical throughout, new luxury LVT flooring, beautifully remodeled kitchens, energy-efficient windows, and modern interior finishes and fixtures. Neither unit has been occupied since the renovations were completed, giving the next owner the opportunity to introduce tenants to freshly updated living spaces without assuming existing lease obligations.

Conveniently located in the South Dallas-Fair Park corridor, the property provides easy access to Downtown Dallas, Fair Park, Interstate 30, Interstate 45, DART transit, major employment centers, and ongoing neighborhood revitalization projects. Directions: From I-45 South, take Martin Luther King Jr. exit. Turn left onto SM Wright Freeway 310. Turn right onto Haven St, then turn right onto Colonial Ave. Continued public and private investment throughout the area adds to the property's appeal for investors looking toward future growth and appreciation.

This duplex offers an attractive combination of substantial improvements, flexible investment potential, and a convenient Dallas location. Schedule your showing today and explore the possibilities this turnkey investment property has to offer!

Location

State TX

County Dallas

Direction From I-45 South, From I-45 South, take Martin Luther King Jr. exit. Turn left onto SM Wright Freeway 310. Turn right onto Haven Street, then turn right onto Colonial Avenue. Continue to 5315 Colonial Avenue.

Interior

Interior Features High Speed Internet Available

Heating Electric

Cooling Electric

Flooring Varies

Appliance Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Heat Source Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Available

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Dunbar

Middle Schools Dade

High Schools Madison

School District Dallas Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21429116

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Vanessa Brandt • Redfin Corporation

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

AARE Real Estate Services

AARE Real Estate Services

Broker License ID: DRE 01839244

+1(888) 322-4368

Name
Phone*
Message

Go tour this home

5315 Colonial Avenue