Amarillo TX Multi Family for Sale
$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.
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 79101 has a population of 200,371. Amarillo 79101 is more family-centric than the surrounding county with 33.96% 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 79101 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 79101 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.