New Listing
$326,000
 $1,750 est/mo Sourced by Back At You

5315 Colonial Avenue,Dallas, TX 75215

Dallas, TX 75215

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Description

Excellent Turnkey Investment Opportunity. Newly renovated in 2026 and ready for immediate occupancy, this income-producing duplex presents an excellent opportunity for investors. 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 and both are currently available for rent. 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. 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 to MLK and turn right onto SM Wright Freeway 310. Turn right onto Haven St, then turn right onto Colonial Ave. Schedule your showing today!

Details

MLS #21429116
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year2020
Days On Site4
Listing Provided ByRedfin Corporation | Vanessa Brandt

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet1,680
Story(s)1
Units1
Building(s)1
Acreage0.16

Interior

CoolingElectric
HeatingElectric
Interior FeaturesHigh Speed Internet Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

RoofComposition
Security FeaturesFire Alarm
Construction MaterialsWood
Foundation DetailsSlab

Parking

Garage Yn0
Parking FeaturesDriveway

Utilities

UtilitiesCity Sewer, City Water, Electricity Available

Taxes

Unexempt Taxes9066
Tax Lot33
Tax Block2248
Tax Legal DescriptionERVAY PLACE BLK 2248 LT 33 COLONIAL

Area Information

StateTX
CountyDallas
CityDallas
Zip Code75215
AreaDallas
Community NameErvay Place
School DistrictDallas ISD
Elementary SchoolDunbar
High SchoolMadison
Listing VS Median (in Ervay Place)
Price:
$326,000
low | high
Med:
$270,500
67.024693251534% of Average
sqft:
1,680
low | high
Med:
1,668
50.714285714286% of Average
$ / sqft:
$194
low | high
Med:
$162
66.546790255179% of Average
On site:
4
low | high
Med:
106
3.77358490566% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyDallas
CityDallas
Zip Code75215
AreaDallas
Community NameErvay Place
School DistrictDallas ISD
Elementary SchoolDunbar
High SchoolMadison
Listing VS Median (in Ervay Place)
Price:
$326,000
low | high
Med:
$270,500
67.024693251534% of Average
sqft:
1,680
low | high
Med:
1,668
50.714285714286% of Average
$ / sqft:
$194
low | high
Med:
$162
66.546790255179% of Average
On site:
4
low | high
Med:
106
3.77358490566% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $244K - $407K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1643 Faye Street Property Photo 1
$328,500
1643 Faye Street
Dallas, TX 75215
1641 Faye Street Property Photo 1
$328,500
1641 Faye Street
Dallas, TX 75215
Listing Updated: November 11, 2026 at 10:10:01 AM PST