
5-Unit Multifamily in Lubbock, TX
TX · listed Sep 22, 2026 (36 days)
- $/unit
- $315,000
- ▲ 242% vs TX · 95th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 2018
Financials
- Asking price
- $1,575,000
- Price per unit
- $315,000
- Price per sq ft
- $141
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2018
- Building size
- 11,170 sq ft
- Avg unit size
- 2,234 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 22, 2026
- Days on market
- 36 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1912
About this property
Discover an incredible investment opportunity just minutes from TTU! This fully leased 5-unit complex combines comfort, convenience, and modern style with established rental income already in place. Each unit features 4 bedrooms and 4.5 bathrooms, offering plenty of private space for each resident while maintaining an inviting, open-concept layout. Thoughtfully designed balconies provide outdoor living space, and every unit comes equipped with a washer/dryer and refrigerator. Located close to campus, shopping, dining, and entertainment, this property offers the lifestyle today's renters crave in a highly desirable rental location. Whether you're building your portfolio or searching for a turn-key investment opportunity, this fully leased property offers an exceptional opportunity near Texas Tech. Call today for more information or to set up a private showing!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Lubbock, TXValue-add | $999K | $100K$100K | — |
Value-add | $550K | $69K$69K | 0% |
Lubbock, TXStabilized | $435K | $87K$87K | — |
Value-add | $2.39M | $217K$217K | 2.7% |
Lubbock, TXHigh yieldStabilized | $949K | $73K$73K | 7.8% |
Lubbock, TXValue-add | $425K | $53K$53K | — |



