5315 Colonial Avenue, Dallas, TX 75215
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: vanessa brandt
Office: redfin corporation
MLS#:21429116
Source:GDAR
Price summary
- Price:$326,000
- Price per sq. ft.:$194.05
About this home
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!...
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Home facts
- Year built:2020
- Subdivision & Development:Ervay Place
- Listing ID #:21429116
- Added:1 day(s) ago
- Updated:November 10, 2026 at 12:55 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Living area:1,680 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:2020
- Building area:1,680 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Wood Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Madison
- Middle school:Dade
- Elementary school:Dunbar
Finances and disclosures
- Price:$326,000
- Price per sq. ft.:$194.05
- Tax amount:$9,066
Features and amenities
- Appliances:Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Amenities:Fire Alarm
Parking
- Total parking spaces:2
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