Lubbock TX Multi Family for Sale

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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.:
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.:
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.:
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.:
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.:
2,360
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1968
Baths:
4.00
MLS#:
202415580
Subdivision:
309

ADDITIONAL INFORMATION

Interest rates are dropping calling all investors.. Great duplex close to Tech.... fresh paint inside, new flooring..new roof 2023!...fireplace, large kitchen, seperate dining area, ready for your investors!

Type:
Multi-Family
Sq.Ft.:
3,344
Status:
Active
Beds:
8
Lot size:
0.28 Acres
Year built:
1968
Baths:
4.00
MLS#:
202415145
Subdivision:
207

ADDITIONAL INFORMATION

Owner-financing available with 20% down!! This quadplex is comprised of two duplexes 1801 66th and 1713 66th which share a courtyard between them. There are 4 off-street parking spaces for the units. Located just East of University Ave and right off of South loop 289. Close surroundings include the Bayless Atkins neighborhood and Lowery Field at Plains capital Park. All units have fenced in back yards and tenants pay their own utilities. This investment previously brought in $3,650/month, but now with two units vacant brings in $1,825/month. $925/month with lease up in May 2025 for 1801 A. $900/month with lease up in March 2025 for 1713 A. 1801 B is ready to rent and vacant for showings while 1713 B is vacant and needs repairs/turnover. With a little bit of love and proper management this has great potential to be a lucrative investment.

Type:
Multi-Family
Sq.Ft.:
1,764
Status:
Active
Beds:
4
Lot size:
0.21 Acres
Year built:
1962
Baths:
2.00
MLS#:
202415084
Subdivision:
207

ADDITIONAL INFORMATION

This duplex offers an ideal investment opportunity for savvy investors looking to expand their portfolio. Each side of the property features 2 spacious bedrooms and 1 full bathroom, providing a functional layout perfect for tenants seeking comfortable living spaces. Don't miss this opportunity to invest in a property with strong potential.

Type:
Multi-Family
Sq.Ft.:
7,955
Status:
Active
Beds:
1
Lot size:
0.42 Acres
Year built:
1974
Baths:
1.00
MLS#:
202413037
Subdivision:
207

ADDITIONAL INFORMATION

Investor alert! 12 unit apartment complex for sale. This will make a great investment property for those investors looking to make the jump from single family to multi family units! Call today!

Type:
Multi-Family
Sq.Ft.:
7,638
Status:
Active
Beds:
1
Lot size:
0.47 Acres
Year built:
1961
Baths:
1.00
MLS#:
202407407
Subdivision:
205

ADDITIONAL INFORMATION

13 Unit updated apartment in Lubbock, TX. Close proximity to Texas Tech University. All units have been updated within the last two years with all new double paned windows, new heating and cooling systems, fresh paint, new led lighting, new low flow fixtures, and new appliances. This property has an on site laundry facility that is managed by a third party, it has a quiet courtyard and off street parking. When leasing we offer an allocated utilities option and and all bills paid option. All tenants take the all bills paid option.

Type:
Multi-Family
Sq.Ft.:
1,508
Status:
Active
Beds:
6
Lot size:
0.16 Acres
Year built:
2019
Baths:
2.00
MLS#:
202406328
Subdivision:
207

ADDITIONAL INFORMATION

Built in 2019, this 3 bedroom 1 bath per unit Duplex will be great addition to your portfolio! You'll have an income of just under $1600 per month! One unit is currently leased for $800 on a month to month lease and has been a long term tenant since home was built. The other unit was just leased on 7/8/24 for $795/month. Setup your showing today!

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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 $200,600. 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 $200,600. 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 79412 has a population of 255,537. Lubbock 79412 is less family-centric than the surrounding county with 28.26% 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 79412 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 79412 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

    N/A
  • # Active listings

    32
    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
Bayless Elementary School PK - 05 742 15.8 79412
Brown Elementary School PK - 05 499 15.8 79412
Ervin Elementary PK - 05 560 13.6 79404
Harwell Elementary PK - 05 534 14.8 79404
Hodges Elementary School PK - 05 531 14.8 79412
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
Miller Elementary PK - 05 588 15.5 79413
Roberts Elementary KG - 05 658 16.4 79423
Waters Elementary School PK - 05 719 17.5 79423

Middle Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Atkins Middle School 06 - 08 637 15.1 79412
Dunbar College Preparatory Academy 06 - 08 581 12.7 79404
Evans Middle School 06 - 08 865 15.4 79413
Lubbock-Cooper Bush Middle 06 - 08 656 15.8 79423
Lubbock-Cooper Middle School 06 - 09 540 13.7 79423

High Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Lubbock-Cooper High School 09 - 12 1,211 13.4 79423
Monterey High School 09 - 12 2,130 15.9 79413

Ungraded Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
* Richard Milburn Academy Lubbock 09 - 12 189 79412
* South Plains Academy Charter H S 09 - 12 206 15.4 79412
Harmony Science Academy - Lubbock KG - 12 346 79412
Priority Intervention Academy 06 - 12 106 7.1 79404

Demographics near Lubbock, TX 79412

Metric Zip Code City
Neighborhood Type Inner City
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