Multi Family homes for sale & real estate in Lubbock, TX

Multi Family Home for sale in Lubbock, TX:

Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.

Multi Family Home for sale in Lubbock, TX:

High-equity opportunity for experienced investors. This 4-property package includes multiple vacant units and several homes needing significant repair and renovation. One home is currently tenant-occupied with a below-market rent due to condition. Ideal for BRRRR investors, rehab specialists, or anyone seeking deep value and strong appreciation potential once stabilized. Estimated repairs vary by property and allow for long-term rental growth once renovated. This is a high-upside, high-value-add package perfect for investors who understand distressed assets. Package will be sold as a group only. Full property list, photos, and projected pro-forma available on request.

Multi Family Home for sale in Lubbock, TX:

Unlock consistent monthly rental income with this turnkey duplex located in the heart of Lubbock, TX, just off 46th Street between Indiana and University. Each unit features 2 bedrooms and 1 full bath, with long-term tenants already in place—totaling $1,338 in monthly gross rent. Both leases are current, ensuring immediate cash flow from day one. This property sits within minutes of Texas Tech University, Covenant Medical Center, and UMC Health System, making it highly desirable for both current and future tenants. The central location also provides easy access to Loop 289, major employers, public transportation, and retail centers, keeping demand steady year-round. Whether you're a s

Multi Family Home for sale in Lubbock, TX:

If you are looking to invest in Lubbock, then look no further! This duplex is fully rented and comes with thoughtful updates and leases in place. Unit A is leased for $900 a month and the lease ends January 2026. Unit B is leased for $850 and the lease ends in November 2026.