Lubbock TX Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,488
Status:
NEW LISTING
Beds:
4
Lot size:
0.15 Acres
Year built:
1954
Baths:
2.00
MLS#:
202500175
Subdivision:
205

ADDITIONAL INFORMATION

Duplex for sale! Beats the 1% rule! Currently leased for $1150 a month, and Recently remodeled and ready for a new owner. This duplex has had interior and exterior touch ups, and tons of interior work to get these ready for rent or home owner. Each unit is currently rented at $600 and $550 a month. Located close to highway for easy access!

Type:
Multi-Family
Sq.Ft.:
1,773
Status:
NEW LISTING
Beds:
4
Lot size:
0.32 Acres
Year built:
1932
Baths:
2.00
MLS#:
202500176
Subdivision:
307

ADDITIONAL INFORMATION

Fully occupied side by side unit, bringing in $1625 in rent monthly! Great property ready for an investor portfolio. Has a Newer roof, and other cosmetic updates throughout, this one is rent ready, and instant cash flow. Property is professionally managed by True Asset.

Type:
Multi-Family
Sq.Ft.:
1,310
Status:
NEW LISTING
Beds:
2
Lot size:
0.18 Acres
Year built:
1956
Baths:
2.00
MLS#:
202500044
Subdivision:
204

ADDITIONAL INFORMATION

This charming duplex is an ideal investment opportunity, featuring 1 bed and 1 bath on each side. Side A is vacant & side B offers month-to-month rental flexibility. Inside, both units have been thoughtfully updated with modern flooring, subway tile bathrooms, and kitchen improvements. Notably, the sale includes stove, refrigerator, making it a turnkey investment. This duplex is a promising addition to any investor's portfolio or someone looking to house hack.

Type:
Multi-Family
Sq.Ft.:
2,296
Status:
Active
Beds:
4
Lot size:
0.18 Acres
Year built:
1969
Baths:
4.00
MLS#:
202417139
Subdivision:
205

ADDITIONAL INFORMATION

Investment opportunity. This quad has one bedroom and one bathroom, Galley kitchen, spacious living room. All units are vacant and cleaned up and ready for you to take over with your own rent amounts and tenants. These were renting for $600 a month all bills paid. You could now change that up to fit your portfolio.

Type:
Multi-Family
Sq.Ft.:
3,200
Status:
Active
Beds:
8
Lot size:
0.21 Acres
Year built:
1978
Baths:
4.00
MLS#:
202417138
Subdivision:
303

ADDITIONAL INFORMATION

Nice 4 Unit Quad that is very centrally located with easy access to Texas Tech, Medical District, and the Marsha Sharp which will get you anywhere you need to go within minutes. All 4 units are rented out for immediate cash flow. These are 2 bedroom 1 bathroom units with a washer and dryer hookup. There are 2 of these that are identical for sale. You could buy 1 or both. The other address is 3202 Salisbury Ave. They each even have a fireplace in a spacious living area. You need to check them out.

Type:
Multi-Family
Sq.Ft.:
2,726
Status:
Active
Beds:
5
Lot size:
0.17 Acres
Year built:
1972
Baths:
4.00
MLS#:
202417118
Subdivision:
311

ADDITIONAL INFORMATION

Duplex close to Texas Tech and Loop 289! This charming duplex has been updated to include vinyl plank flooring in all main areas, carpet in the bedrooms, stainless steel appliances and granite countertops in the kitchen. Unit A is a 2/1.5 and Unit B is a 3/2. Both have their own carport for 2 vehicles. The master bedroom in Unit B also has an office nook and private access to the backyard. The backyards are small but functional with a patio and grassy area and newer fencing. Unit B also has a small storage shed. Great location in central Lubbock with easy access to Texas Tech, LCU and main roads as well as being one block from a bus stop. Historically, both units have taken in $525/bedroom. Unit B is currently leased through 5/31/25.

Type:
Multi-Family
Sq.Ft.:
3,177
Status:
Active
Beds:
8
Lot size:
0.17 Acres
Year built:
2004
Baths:
6.00
MLS#:
202417119
Subdivision:
722

ADDITIONAL INFORMATION

Exceptional investment opportunity at 3102 109th Street in Lubbock, TX! This spacious duplex features two well-maintained units, each offering 4 bedrooms, 2.5 bathrooms, and generous living space. Nestled on a quiet cul-de-sac, this property is ideal for tenants seeking comfort and convenience. With both units currently rented, you can start generating income right away. Don't miss your chance to own this fantastic property in a prime location!

Type:
Multi-Family
Sq.Ft.:
5,472
Status:
Active
Beds:
8
Lot size:
0.33 Acres
Year built:
1972
Baths:
8.00
MLS#:
202417063
Subdivision:
208

ADDITIONAL INFORMATION

Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!

Type:
Multi-Family
Sq.Ft.:
2,091
Status:
Active
Beds:
2
Lot size:
0.16 Acres
Year built:
1975
Baths:
2.00
MLS#:
202416876
Subdivision:
601

ADDITIONAL INFORMATION

Convenient location with easy access to 82nd Street. Private side entrance to each unit. Two bedroom with Hollywood bath. East facing kitchen window with front view. Street side garage. Newly carpeted. Not occupied. Refrigerator and stove convey.

Type:
Multi-Family
Sq.Ft.:
400
Status:
Active
Beds:
1
Lot size:
0.74 Acres
Baths:
1.00
MLS#:
202416439
Subdivision:
663

ADDITIONAL INFORMATION

Unique MH and RV Park located about one block south of Lubbock City Limits. Park has great potential for a long term RV parking with up to 12 spaces. It has one well and two septic tanks. Great Location!

Type:
Multi-Family
Sq.Ft.:
1,472
Status:
Active
Beds:
2
Lot size:
0.15 Acres
Year built:
1950
Baths:
4.00
MLS#:
202416683
Subdivision:
309

ADDITIONAL INFORMATION

Great investment opportunity at 3013 39th! This updated duplex features new electrical wiring, new roof, new plumbing underneath the units, new driveway, new flooring, new fixtures, and fresh paint throughout. The spacious backyard provides room to add fencing, build a garage, or even construct another rental unit. Ideal for Airbnb or housing Texas Tech students, this property offers excellent potential for rental income.

Type:
Multi-Family
Sq.Ft.:
1,128
Status:
Active
Beds:
2
Lot size:
0.15 Acres
Year built:
1943
Baths:
2.00
MLS#:
202416555
Subdivision:
204

ADDITIONAL INFORMATION

Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.

Type:
Multi-Family
Sq.Ft.:
1,488
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1954
Baths:
2.00
MLS#:
202416508
Subdivision:
205

ADDITIONAL INFORMATION

Fully leased Duplex for sale! This unit has undergone a fully interior renovation and is fully occupied. Leased for $1140 a month on newer leases. These units have interior paint, vinyl flooring, and updated cabinets and bathrooms! Exterior has been touched as well, these are ready to roll! Check this unit out ASAP!

Type:
Multi-Family
Sq.Ft.:
1,488
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1954
Baths:
2.00
MLS#:
202416507
Subdivision:
205

ADDITIONAL INFORMATION

Duplex for sale! Beats the 1% rule! Currently leased for $1150 a month, and Recently remodeled and ready for a new owner. This duplex has had interior and exterior touch ups, and tons of interior work to get these ready for rent or home owner. Each unit is currently rented at $600 and $550 a month. Located close to highway for easy access!

Type:
Multi-Family
Sq.Ft.:
4,490
Status:
Active
Beds:
5
Year built:
2021
Baths:
6.00
MLS#:
202416256
Subdivision:
677

ADDITIONAL INFORMATION

Great investment opportunity. This property has three units all with extremely large bedrooms and living areas. All three units have a laundry room and back patio. Unit A and B are both one bedrooms with one and a half baths, as well as an oversized one car garage. Unit C has three large bedrooms and two full baths.

Type:
Multi-Family
Sq.Ft.:
5,500
Status:
Active
Beds:
10
Lot size:
0.28 Acres
Year built:
1964
Baths:
10.00
MLS#:
202416176
Subdivision:
207

ADDITIONAL INFORMATION

Great quadraplex for an investment opportunity that beats the 1% rule. All 4 units are occupied. Two units have 3 bedrooms and 2 bathrooms. The other two units have 2 bedrooms and 1.5 bathrooms.

Type:
Multi-Family
Sq.Ft.:
1,563
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1968
Baths:
2.00
MLS#:
202416181
Subdivision:
207

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
1,563
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1969
Baths:
2.00
MLS#:
202416178
Subdivision:
207

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
3,952
Status:
Active
Beds:
8
Lot size:
0.42 Acres
Year built:
1968
Baths:
4.00
MLS#:
202416118
Subdivision:
207

ADDITIONAL INFORMATION

Excellent multi-family investment opportunity with two duplexes each containing two units with 2/1/1 carport.

Type:
Multi-Family
Sq.Ft.:
1,450
Status:
Active
Beds:
4
Lot size:
0.21 Acres
Year built:
1984
Baths:
2.00
MLS#:
202416081
Subdivision:
206

ADDITIONAL INFORMATION

Investors check out this great duplex! Both sides are currently occupied and rented out. Tile/vinyl flooring throughout on both sides. Take a look and make this one yours today!

Type:
Multi-Family
Sq.Ft.:
2,263
Status:
Active
Beds:
6
Lot size:
0.15 Acres
Year built:
1965
Baths:
2.00
MLS#:
202415944
Subdivision:
103

ADDITIONAL INFORMATION

Discover this duplex located in Lubbock, Texas. Each unit features a spacious layout with 3 bedrooms and 1 bathroom. Currently, Unit A is rented, providing immediate rental income, while Unit B is vacant, offering an opportunity for an owner-occupant or investor looking to maximize their returns.

Type:
Multi-Family
Sq.Ft.:
2,050
Status:
Active
Beds:
6
Lot size:
0.2 Acres
Year built:
1956
Baths:
2.00
MLS#:
202415929
Subdivision:
204

ADDITIONAL INFORMATION

1% RULE ALERT!! Check out this updated duplex near Tech, shopping, schools, food, and so much more! This Duplex has 3 bedrooms and 1 bathroom on each side with a covered carport on each side as well. With one side currently vacant there is opportunity to live in one side while the other pays rent or lease both sides and cashflow! Side B pays $1050 per month while side A previously did as well making this a great 1% rule property. Dont miss out on your chance to add to your rental portfolio, contact your favorite realtor for a showing today!

Type:
Multi-Family
Sq.Ft.:
1,450
Status:
Active
Beds:
4
Lot size:
0.24 Acres
Year built:
1962
Baths:
2.00
MLS#:
202415900
Subdivision:
309

ADDITIONAL INFORMATION

This affordable duplex, perfectly situated off 50th and Indiana, is an exceptional find for investors looking to expand their portfolio. Both units are fully leased, generating a steady monthly rental income of $1,338. Each unit features two bedrooms and one bath, offering tenants both comfort and convenience. With its prime location near Texas Tech University, major hospitals, and key employers, this property is highly appealing to long-term renters. Its proximity to shopping, dining, and local amenities ensures consistent demand. This is a low-maintenance, income-producing asset in one of Lubbock's most sought-after areas, making it an ideal addition for investors seeking reliable cash flow. Don't miss out on securing this profitable, turnkey duplex in a thriving market!

Type:
Multi-Family
Sq.Ft.:
2,300
Status:
Active
Beds:
4
Lot size:
0.17 Acres
Year built:
2000
Baths:
4.00
MLS#:
202415883
Subdivision:
708

ADDITIONAL INFORMATION

Excellent condition duplex in south Lubbock. Each side is 2bed/2bath with their own 2 car garage. Both sides are currently rented for $1,099 per month.

Type:
Multi-Family
Sq.Ft.:
1,478
Status:
Active
Beds:
3
Lot size:
0.15 Acres
Year built:
1928
Baths:
3.00
MLS#:
202415696
Subdivision:
108

ADDITIONAL INFORMATION

3 unit property in the historic neighborhood of Overton, just blocks from Texas Tech.

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Andrea Conner License # 521381 Xome Inc. License # 9002330 [email protected] 844-400-XOME (9663) 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information provided herein originates from the Lubbock Association of Realtors®, Inc., Multiple Listing Service, and is compiled from miscellaneous sources. Neither the Lubbock Association of Realtors®, Inc., nor the listing broker, nor its agents, or subagents, are responsible for the accuracy of the information. Under no circumstances should the Multiple Listing Service information contained herein be relied upon by any person in making a decision to purchase any of the described properties. MLS users should verify all information by their own independent investigation and, in particular, verify, if important to them, room sizes, the square footage, lot size, property boundaries, age of structures, school district, flood insurance, zoning, restrictions and easements, fixtures or personal property excluded, and availability of water and sewer prior to submitting an offer to purchase the property. Information is deemed reliable, but not guaranteed. Square footage may be from the Lubbock Central Appraisal district and is not guaranteed. Copyright 2025 Lubbock Association of Realtors®, Inc., Multiple Listing Service. All rights reserved.



Lubbock Real Estate

The median home value in Lubbock, TX is $225,000. This is higher than the county median home value of $192,500. The national median home value is $338,100. The average price of homes sold in Lubbock, TX is $225,000. Approximately 46.22% of Lubbock homes are owned, compared to 44.18% rented, while 9.6% are vacant. Lubbock 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 Lubbock real estate agent to arrange a tour today!

Lubbock, Texas has a population of 255,537. Lubbock is less family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 31.73%.

The median household income in Lubbock, Texas is $54,060. The median household income for the surrounding county is $56,529 compared to the national median of $69,021. The median age of people living in Lubbock is 29.8 years.

Lubbock Weather

The average high temperature in July is 91.9 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 20.1 inches per year, with 7.1 inches of snow per year.

Lubbock Real Estate Market Conditions

  • Median sales price

    $225,000
    15.9% change since last quarter
  • # Active listings

    1,146
    30-day change

Lubbock Schools and Demographics

Education near Lubbock, TX

Metric City County
High School Graduates 88.21 87.87
College Degree - 2 year 6.97 7.13
College Degree - 4 year 33.86 32.13
Graduate Degree 8.49 8.03
Expenditures per Student 12,453 12,453
Students per Teacher 14.1 14.1

Elementary Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Alderson Elementary PK - 05 641 13.7 79403
Bayless Elementary School PK - 05 742 15.8 79412
Bean Elementary School PK - 05 588 13.5 79411
Bowie Elementary School PK - 05 250 15.3 79407
Brown Elementary School PK - 05 499 15.8 79412
Centennial Elementary School PK - 05 744 16.9 79416
Crestview Elementary School PK - 05 659 16.5 79424
Dupre Elementary School PK - 05 289 17.4 79411
Ervin Elementary PK - 05 560 13.6 79404
Guadalupe Elementary School PK - 05 245 13 79401
Hardwick Elementary School PK - 05 438 14.9 79416
Harwell Elementary PK - 05 534 14.8 79404
Hodges Elementary School PK - 05 531 14.8 79412
Honey Elementary School PK - 05 398 14.2 79423
Jackson Elementary School PK - 05 284 13.9 79415
Legacy Elementary PK - 03 264 13 79416
Lubbock-Cooper Central Elementary PK - 05 689 15.9 79423
Lubbock-Cooper North Elementary School PK - 05 823 14.2 79423
Lubbock-Cooper South Elementary School PK - 05 724 14.6 79423
Lubbock-Cooper West Elementary School PK - 05 671 14 79424
Maedgen Elementary School PK - 05 431 14.4 79413
McWhorter Elementary School PK - 05 585 16.3 79415
Miller Elementary PK - 05 588 15.5 79413
North Ridge Elementary School PK - 05 704 16.6 79416
Oak Ridge Elementary School KG - 05 698 15.7 79424
Overton Elementary School PK - 05 402 12.6 79410
Parsons Elementary School PK - 05 472 15.3 79413
Ramirez Charter School PK - 05 499 12.5 79401
Rise Academy PK - 08 267 12.4 79403
Roberts Elementary KG - 05 658 16.4 79423
Roosevelt Elementary PK - 05 518 13 79403
Rush Elementary School PK - 05 416 14.9 79416
Smith Elementary School PK - 05 627 15.6 79424
Stewart Elementary School PK - 05 377 15.1 79414
Waters Elementary School PK - 05 719 17.5 79423
Wester Elementary School PK - 05 498 15.1 79414
Westwind Elementary School PK - 05 698 17.7 79407
Wheelock Elementary PK - 05 389 14.3 79413
Whiteside Elementary School PK - 05 575 15.9 79424
Williams Elementary School KG - 05 393 14.6 79414
Willow Bend Elementary School PK - 05 620 14.6 79416
Wilson Elementary School PK - 05 515 15.6 79410
Wolffarth Elementary School PK - 05 462 13.8 79415
Wright Elementary School PK - 05 265 13.9 79403

Middle Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Atkins Middle School 06 - 08 637 15.1 79412
Cavazos Middle School 06 - 08 544 13.4 79415
Dunbar College Preparatory Academy 06 - 08 581 12.7 79404
Evans Middle School 06 - 08 865 15.4 79413
Heritage Middle 06 - 08 811 16.1 79424
Hutchinson Middle School 06 - 08 765 13.3 79410
Irons Middle School 06 - 08 694 15 79424
Lubbock-Cooper Bush Middle 06 - 08 656 15.8 79423
Lubbock-Cooper Middle School 06 - 09 540 13.7 79423
MacKenzie Middle School 06 - 08 686 15.1 79416
Roosevelt Junior High School 06 - 08 242 10.6 79403
Slaton Middle School 06 - 08 585 12.3 79411
Smylie Wilson Middle School 06 - 08 492 13.9 79410
Terra Vista Middle School 06 - 08 565 12.4 79416

High Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Coronado High School 09 - 12 2,092 14.9 79410
Estacado High School 09 - 12 693 9.7 79403
Lubbock High School 09 - 12 2,054 16.1 79401
Lubbock-Cooper High School 09 - 12 1,211 13.4 79423
Monterey High School 09 - 12 2,130 15.9 79413
Roosevelt High School 09 - 12 307 10.9 79403

Ungraded Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
* Matthews LRN Center/New Directions 08 - 12 175 10.8 79415
* Premier H S of Lubbock 09 - 12 130 26 79407
* Richard Milburn Academy Lubbock 09 - 12 189 79412
* South Plains Academy Charter H S 09 - 12 206 15.4 79412
Canyon Lakes KG - 11 45 6.6 79415
Harmony Science Academy - Lubbock KG - 12 346 79412
Homebound PK - 12 70 5.8 79401
Lubbock County Youth Center UG - UG 0 79403
Priority Intervention Academy 06 - 12 106 7.1 79404
Reese Educational Center 06 - 12 87 6.2 79416
Talkington School for Young Women Leaders 06 - 12 415 14.6 79403

Demographics near Lubbock, TX

Metric City County
Neighborhood Type
Population 255,537 308,580
Population Density 2,000 345
Median Age 29.8 31.1
People per Household 2.5 2.5
Median Household Income 54,060 56,529
Average Income per Capita 30,393 30,876