Value-add
$425,000
8-Unit Multifamily in Lubbock, TX
TX · listed Feb 13, 2026 (257 days)
Price per unit compared
This property$53K
Within ~40 mi (14)$80K
Texas median (1,196)$92K
- $/unit
- $53,125
- ▼ 42% vs TX · 15th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1969
Financials
- Asking price
- $425,000
- Price per unit
- $53,125
- Price per sq ft
- $708
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 75%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1969
- Building size
- 600 sq ft
- Avg unit size
- 75 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 13, 2026
- Days on market
- 257 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1750
About this property
8 Total Units (2 Quadplexes) - Sold as a Package: Excellent opportunity to acquire a performing 8-unit multifamily package in South Lubbock. This offering includes two adjacent quadplexes located at (address on request)reet and (address on request), providing operational efficiency and streamlined management. Currently, 6 of 8 units are leased (75% occupied), delivering immediate income. This asset presents a strong blend of in-place cash flow and value-add potential for investors seeking stable returns in a consistent rental market.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
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