Amarillo TX Multi Family for Sale
$575,000
Westhaven Circle Amarillo, TX 79109
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.65 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- 25-141
ADDITIONAL INFORMATION
Fantastic investment opportunity in central Amarillo! This package includes three duplexes located on adjoining lots near Georgia Street and 34th Avenue. Excellent rental history with several long-term tenants as well as recent updates. Upside potential with rent increases and additional upgrades. Property consists of 6 units: 4 - 2 Bedrooms and 2 - 1 Bedrooms. Owner will consider selling duplexes individually. Financials available upon request.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,344
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 24-10332
ADDITIONAL INFORMATION
Are you ready for your next investment?! This property offers 3 units - all separated and complete remodels. The renovation included new HVAC's, updated electricity, plumbing, new windows and new stucco exterior. All units have granite counter tops, new cabinets, new tile and flooring throughout. Front House - 2/1 Unit B - 1/1 Unit C -1/1 The property offers multiple driveways and large parking area in the rear. **All units are currently vacant** Come take a look!
- Type:
- Multi-Family
- Sq.Ft.:
- 3,639
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 24-10091
ADDITIONAL INFORMATION
Attention Investors!! Multifamily Opportuity in West Hills!! Being sold - AS IS 4 plex!! unit 1: 2 bedroom / 1 bath $700/mth Unit 2: 2 bedroom / 1 bath $650/mth Unit 3: 3 bedroom / 2 bath $875/mth Unit 4: 1 bedroom / 1 bath with private patio $675/mth Amenitites - coverered parking, storage and shared couryard. Roof replaced in 2021
$2,995,000
601 S Nelson Street Amarillo, TX 79104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1977
- Baths:
- MLS#:
- 24-9425
ADDITIONAL INFORMATION
All but one of the units have been updated with cabinets, countertops, flooring, fixtures, paint, toilets and new blinds. There was a new roof installed in 2022, other major capital improvements include, HVAC replacement, windows, appliances and plumbing. Totaling more than $743,000 since 2022 in capital improvements. The new owner can implement RUBS on gas, water, trash and sewer to increase the NOI.
$1,975,000
1501 SW 9th Avenue Amarillo, TX 79101
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 24-9423
ADDITIONAL INFORMATION
All of the 33 units have been updated with appliances, countertops, flooring, fixtures, paint, toilets and doors. There was a new roof installed in 2021, other major capital improvements include, HVAC replacement, water heaters, electrical and plumbing. Totaling more than $645,000 since 2021 in capital improvements. The new owner can implement RUBS on gas, water, trash and sewer to increase the NOI.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 24-9227
ADDITIONAL INFORMATION
Discover a unique investment opportunity in the Gables with this charming 5-plex property! The triplex main dwelling welcomes you with an inviting front porch, featuring 2 bedrooms, 1 bath, a sunroom, & a large living/dining room showcasing a stone fireplace. Unit B, located upstairs, offers 2 bedrooms, along with its own balcony & mid-century stone fireplace. Unit B is a 1 bedroom, 1 bath space. The triplex has an attached 2 car garage. Additionally the duplex is located to the south with a convenient carport in the back. Per seller in 2024, the duplex has had the roof replaced & has replaced both Rheem hot water heaters. All 5 units have their own laundry hook-ups. This property is a true gem for savvy investors! Seller looking at all reasonable offers & currently resides in main unit.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,358
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 24-9161
ADDITIONAL INFORMATION
Multifamily property, owner has other multifamily properties that could be purchased with this one or by themselves.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,192
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 24-9045
ADDITIONAL INFORMATION
Two Homes on One Property! This unique property offers endless potential for a variety of buyers. The front home is a charming 2-bedroom, 1-bath with a flex room, featuring updated central heat and air, plumbing, and electrical. The back house is a cozy 1-bedroom, 1-bath, tastefully updated with all the bells and whistles. Currently utilized as a successful Airbnb, this property is ideal for investors, with rent rolls (per seller) averaging $3,000 per month. The seller is willing to include all furnishings, making this a turn-key opportunity! Perfect for multi-generational living or for those looking to live in the front home while generating rental income from the back house. Don't miss out on a flexible, income-producing property! All info per seller.
$359,900
1954 Howard Amarillo, TX 79106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2015
- Baths:
- MLS#:
- 24-8858
ADDITIONAL INFORMATION
DUPLEX 2/1 BATH. aLL appliances & refrigerators convey. Built storage stays. Irrigation system. Low maintenance units. Located near Medical District. Quick access to I-40 Pride in ownership,well kept units.
$1,095,000
1911 Madison Street Amarillo, TX 79109
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.42 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 24-8248
ADDITIONAL INFORMATION
Presenting a prime investment opportunity in Amarillo, TX, this multifamily property boasts a building with six units, all constructed in 2020. Zoned as Multi Family - 2, this turnkey asset is currently operating as short-term rentals but has several long-term leases previously. The modern construction and only being 4 years old make this property an enticing prospect for multifamily and low-rise/garden investors seeking a lucrative addition to their portfolio. With its prime location and strong rental history, this property sets the stage for a seamless and profitable investment in the Amarillo market.
$549,900
11075 Santa Dia Amarillo, TX 79015
- Type:
- Multi-Family
- Sq.Ft.:
- 3,026
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 24-8079
ADDITIONAL INFORMATION
11075 Santa Dia Triplex Private Built in storage rooms. Private Fenced in backyards. Low Maintenance units.
$120,000
1408 Ricks Street Amarillo, TX 79104
- Type:
- Multi-Family
- Sq.Ft.:
- 1,320
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 24-7803
ADDITIONAL INFORMATION
CALLING ALL INVESTOR AGENTS!! This duplex is looking for a new owner! With INVESTMENT IN MIND this one is a great opportunity to build your portfolio with two new units! Separately metered making an easily transitioned utility account for you future residents! Both units occupied bringing in $795 per month each! Set up your showing today! Please note we are required to give a minimum of 24 hour notice to the residents in order to set up the showing.
$280,000
Gables Portfolio Amarillo, TX 79110
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 24-7693
ADDITIONAL INFORMATION
Two houses for sale with three total units in Gables. 3610 Harrison is currently renting for $1,050/month and the back house is renting for $600/month. 4118 Harrison is renting for $1,100/month This is perfect for any investor looking for income producing rentals. Houses are also available individually or in a portfolio with 22 other houses.
$305,000
Bivins Portfolio Amarillo, TX 79102
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 24-7692
ADDITIONAL INFORMATION
Two houses with three total units for sale in Bivins. 1413 S Ong has two units. The first is currently renting for $975/month and the second is renting for $600/month. The second house is renting for $1,400/month. This is perfect for any investor looking to expand their portfolio! Both houses are being offered individually and in a portfolio with 22 other houses.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 24-7694
ADDITIONAL INFORMATION
Two properties with four total units! 10109 River Rd is currently renting for $3,000/month. This property is on 4 acres with 3 lots included. This house has a shop, 2 apartments plus the house. 1211 Apache is currently renting for $975/month. These houses are offered individually or in a bigger portfolio with 22 total houses.
$381,100
Wolflin Portfolio Amarillo, TX 79106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 24-7691
ADDITIONAL INFORMATION
Two houses with three total units for sale in Wolflin! These homes are perfect for any investors looking for income producing rentals. 2223 Laurel is a single family home, currently renting for $1450/month. 2042 Washington St has two units. The front house is renting for $1,750/month and the back house is renting for $750/month. Houses are for sale individually. They are also being offered in a portfolio with 22 total homes.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- 24-7585
ADDITIONAL INFORMATION
4 houses with 8 total units in Avondale! These are perfect for any investor looking to expand their portfolio! ALL units are currently occupied. These are also available in bigger portfolio with 22 total houses (33 total units).
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 24-7579
ADDITIONAL INFORMATION
10 houses with 13 total units for sale in San Jacinto and North Heights! These houses are perfect for any investor looking to expand their portfolio! All but one house are currently occupied! Houses are listed in a portfolio with 22 total houses as well as individual. 411 S Florida (2 units), 310 N Florida (3 units), 111 N Fairmont, 802 S Fairmont, 81 N Virginia, 108 S Georgia, 504 S Fairmont, 401 N Fairmont, 3710 NW 4th, 1601 N Polk
$650,000
4150 Clive Avenue Amarillo, TX 79118
- Type:
- Multi-Family
- Sq.Ft.:
- 4,992
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.02 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 24-7538
ADDITIONAL INFORMATION
Two Duplexes on one lot! This new subdivision is located in CISD. WE WILL BUILD TO SUIT! All 4 units will features 3 bedrooms, 2 bathrooms with a 1 car garage. Whether you're a first time investor or have been investing, these are perfect for you! Don't miss out on your opportunity to own one (or a few) of these income producing homes! These pictures are an example from the builders spec and has already been sold. These are not yet built. Can be built in 60-90 days.
$1,150,000
4010 Clive Avenue Amarillo, TX 79118
- Type:
- Multi-Family
- Sq.Ft.:
- 8,764
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 24-7543
ADDITIONAL INFORMATION
TWO Triplexes on ONE LOT! Don't miss out on this new construction multi-family LOCATED IN CISD! All six units will features 3 bedrooms, 2.5 bathrooms with a forward facing 1 car garage. These are perfect for any investor looking to expand their portfolio. WE WILL BUILD TO SUIT!
$860,000
4080 Clive Avenue Amarillo, TX 79118
- Type:
- Multi-Family
- Sq.Ft.:
- 6,364
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 24-7542
ADDITIONAL INFORMATION
Four houses on one lot in Amarillos newest subdivision, Storybook Estates!! This is any investors dream! All houses feature 3 bedrooms, 2.5 bathrooms with a front facing two car garage. These are also perfect for anyone who wants to live in one house and rent the other 3 out. Will build to suit!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,512
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- 24-7228
ADDITIONAL INFORMATION
Fully remodeled DUPLEX with 1 bedroom and 1 bathroom on each side. Great investment potential or you can live in one side and use the other for an income producing property! Right across the street from San Jacinto Christian Academy. One block away from 6th St. (Route 66) with antique shopping and unique restaurants! Each unit has a spacious living area with ceiling fan. Kitchens have new gas stoves and cabinets. Unit A has large laundry room and Unit B is set up for stackable washer and dryer. Vinyl wood-look plank flooring throughout for easy clean-up. Class IV roof and all replacement windows for efficiancy. All doors have been replaced. Security system stays with the property. Updated electrical and plumbing with utilities metered separately.
$145,000
1413 S Ong Street Amarillo, TX 79102
- Type:
- Multi-Family
- Sq.Ft.:
- 1,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 24-7195
ADDITIONAL INFORMATION
This house is PERFECT for anyone looking for a multi unit home! The front house is currently vacant and ready for showings! This house is also available in a portfolio with 22 total houses! Go see this house TODAY!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,200
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1942
- Baths:
- MLS#:
- 24-7178
ADDITIONAL INFORMATION
THREE income producing units! All units currently occupied. These properties generate $2,000 a month. Also listed in a port folio with 22 other houses.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,630
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- 24-7158
ADDITIONAL INFORMATION
Gorgeous Avondale home! The main home has 3 bedrooms and 1 bathroom. There is also an additional 1 bedroom 1 bathroom apartment in the back. This home is great for investors or anyone looking for their primary home to generate extra income. Both houses are currently occupied. Also listed in port folio with 22 other houses.
Amarillo Real Estate
The median home value in Amarillo, TX is $188,500. This is higher than the county median home value of $127,900. The national median home value is $338,100. The average price of homes sold in Amarillo, TX is $188,500. Approximately 52.79% of Amarillo homes are owned, compared to 37.09% rented, while 10.12% are vacant. Amarillo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Amarillo real estate agent to arrange a tour today!
Amarillo, Texas has a population of 200,371. Amarillo is more family-centric than the surrounding county with 32.55% of the households containing married families with children. The county average for households married with children is 31.76%.
The median household income in Amarillo, Texas is $55,174. The median household income for the surrounding county is $45,096 compared to the national median of $69,021. The median age of people living in Amarillo is 34.1 years.
Amarillo Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 20.5 inches per year, with 15.1 inches of snow per year.