

5309 Eastside Ave
Multifamily | 6.00% CAP | 5 Units
Marketing description
5309 Eastside Ave presents a rare opportunity to acquire a stabilized, income-producing multifamily asset in the heart of Junius Heights, one of Dallas' most historic and character-rich neighborhoods. Combining strong in-place income with long-term redevelopment flexibility, this property offers both immediate cash flow and future upside.
Strategically located just 1.7 miles from Baylor University Medical Center and 1.5 miles from Deep Ellum, the asset benefits from proximity to major employment, entertainment, and cultural hubs - driving consistent tenant demand.
This two-story multifamily property offers a functional unit layout with broad tenant appeal. The property has been maintained in good condition with no known structural or livability concerns, allowing for a relatively low-maintenance investment profile.
Positioned in one of Dallas' most desirable historic neighborhoods, the property offers a unique blend of charm, accessibility, and urban convenience.
Investment highlights
- Prime Infill Location near Downtown Dallas
- Historic Neighborhood Appeal (Junius Heights)
- Proximity to Major Demand Drivers (Baylor + Deep Ellum)
- Strong In-Place Cash Flow
- Upside Through Rent Growth & Expense Restructuring
- Flexible Zoning for Future Use
- Stable Market with Low Vacancy Trends
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