
5-Unit Multifamily in Lubbock, TX
TX · listed Sep 22, 2026 (36 days)
- $/unit
- $230,000
- ▲ 150% vs TX · 90th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 2022
Financials
- Asking price
- $1,150,000
- Price per unit
- $230,000
- Price per sq ft
- $140
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- three 3-bedroom, 2.5-bath units and two 3-bedroom, 2-bath units
- Buildings
- Not stated
- Year built
- 2022
- Building size
- 8,215 sq ft
- Avg unit size
- 1,643 sq ft
- Lot size
- Not stated
- Condition
- Not stated
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 #
- 2094
About this property
Turnkey Five-Unit Townhome Investment in South Lubbock - 2534, 2536, 2538, 2540, (address on request) Positioned in a growing area of South Lubbock, (address on request) presents a compelling multifamily investment opportunity featuring five modern townhome units built in 2022. The property consists of three 3-bedroom, 2.5-bath units and two 3-bedroom, 2-bath units. Each unit features a one-car garage, private driveway, and access to additional street parking. Interior finishes include granite countertops and luxury vinyl plank flooring, while low-maintenance turf helps reduce exterior upkeep. Located within walking distance of Lubbock-Cooper East Elementary School, this provides a strong opportunity to acquire a newer multifamily asset with modern finishes and multiple income-producing units in one of South Lubbock's growing areas. Buyer and buyer's agent to independently verify all measurements, financial information, occupancy, schools, zoning, and other property details.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
Lubbock, TXStabilized | $435K | $87K$87K | — |
Lubbock, TXValue-add | $425K | $53K$53K | — |
Lubbock, TXStabilized | $1.57M | $315K$315K | — |
Lubbock, TXNew | $785K | $49K$49K | — |
Lubbock, TXValue-add | $999K | $100K$100K | — |
Lubbock, TXHigh yieldStabilized | $949K | $73K$73K | 7.8% |





