Stabilized
$490,000
7-Unit Multifamily in Amarillo, TX
TX · listed Aug 29, 2026 (60 days)
Price per unit compared
This property$70K
Within ~40 mi (7)$85K
Texas median (1,196)$92K
- $/unit
- $70,000
- ▼ 24% vs TX · 31st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 7
- 1938
Financials
- Asking price
- $490,000
- Price per unit
- $70,000
- Price per sq ft
- Not stated
- 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
- 7
- Unit mix
- Unit #1: 2/1 with w/ d hookups, Unit #2: 2/1 with w/ d hookups, Unit 3: 1/1 with w/ d hookups, Unit 4: 2/1 with w/ d hookups, Unit 5: 1/1, Unit 6: 1/1, Unit 7 is a studio
- Buildings
- Not stated
- Year built
- 1938
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 29, 2026
- Days on market
- 60 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1240
About this property
Walk into a an Amazing investment with instant income opportunity! 7 Unit Tudor-Style Multiplex at 100% Occupancy. 6 out of 7 units have been remodeled. Unit #1: 2/1 with w/ d hookups, Unit #2: 2/1 with w/ d hookups, Unit 3: 1/1 with w/ d hookups, Unit 4: 2/1 with w/ d hookups, Unit 5: 1/1, Unit 6: 1/1, Unit 7 is a studio. 6 car garage stalls on site and additional surrounding parking spaces. Rent rolls and leases will be provided with a contract. Interior photos provided at request.
Multi-family
Location
Approximate area. The exact address is shared on request.
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