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Executive Summary

Prime opportunity to purchase two apartments (30 units) in east Dallas sitting on roughly 35,700 sq ft of land, zoned PD-98 (NO historic designation). Emerald Isle is vacant and ready for a full rehab while El Caro is leased at 83% occupancy. This location is close to all things East Dallas as well as Deep Ellum, Baylor Hospital, the Santa Fe Trail, etc.

Property Facts

Price $3,643,644 CAD
Price / SF $114.30 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 31,878 SF
Total Land Area 0.83 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Emerald Isle
4523 Reiger Ave, Dallas, TX 75246
Multifamily 16,652 SF 1965 -
El Caro
4535 Reiger Ave, Dallas, TX 75246
Multifamily 15,226 SF 1960 -
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  • Listing ID: 40587468

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: EL CARO + EMERALD ISLE APARTMENTS, Dallas, TX

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