Multi Family homes for sale & real estate in 79404, TX

Multi Family Home for sale in 79404, TX:

Duplex in the heart of Lubbock! Each side features 2 bedrooms and 1 bath, offering a total of 4 bedrooms and 2 baths across 1,598 sq ft. The property sits on a level 0.16-acre lot with alley access and on-street parking. No HOA. City water, sewer, and utilities. Great opportunity to build or expand your rental portfolio in a high-demand area. Located near Texas Tech University, downtown Lubbock, shopping, and public transit, with easy access to I-27. Nearby schools: Dupre Elementary (0.3 mi), Slaton Middle School (1.5 mi), and Lubbock High School (1.2 mi).

Multi Family Home for sale in 79404, TX:

Discover a remarkable income-producing property that meets the 1% rule! This investment property has a total of four units—a welcoming main house and an updated triplex located at the back, all nestled in the heart of Lubbock on 25th Street. Key Features: - Front House: 2 bedrooms, 1 bathroom, currently rented at $675/month. - Unit A: Renting for $550/month. - Unit B: Renting for $490/month. - Unit C: Renting for $525/month. It has a proven track record of steady cash flow and long-term tenants. This property has a historically low vacancy rate and its in a prime location near Texas Tech University UMC, and Covenant.

Multi Family Home for sale in 79404, TX:

Awesome 8 rent house package in Tech Terrace and surrounding area!! All Houses are rented until July 31, 2026 with Great cash Flow !!!!

Multi Family Home for sale in 79404, TX:

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

Multi Family Home for sale in 79404, TX:

Fully tenant-occupied duplex for sale!! New roof just installed! New sewer line! This would make a great addition to any investor portfolio. Just starting your investment journey? This income-producing property would be perfect for you! Each side has 2 bedrooms, 1 bathroom, 1 car garage and a private back yard. Great floor plan features good-sized living room with fireplace. In a rare opportunity to pick up side-by-side investment properties, the duplex right next door at 2008 54th Street is also for sale. Buy one, or buy them both! It's not often a duplex comes along at this price. Snatch it up while you can!

Multi Family Home for sale in 79404, TX:

This asset is offered as part of a value-add investment portfolio of 18 properties. Located in the Heart of Lubbock this 3-bedroom, 1-bath home is priced at ~75% of market value. The property needs modest rehab work (floors, paint, kitchen/bath refresh) but trades well below replacement cost. When stabilized, its current market rent ceiling ranges from $850 to $950/month, yielding a strong cash-flow upside that beats the 1 % rule. Nestled in a mature, centrally located Lubbock neighborhood, it offers access to established schools, convenient city access, and proximity to local amenities. This is ideal for an investor seeking a turnkey rehab-to-rent play with built-in equity upside.