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    Amarillo, TX Apartment Buildings for Sale

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    Timbercreek Canyon, TX Canyon, TX Bushland, TX
    7 results
    Amarillo Multifamily Investment Opportunity
    $3,650,000
    9,600 SF

    Amarillo Multifamily Investment Opportunity

    3020 SW 27th Avenue, Amarillo, TX 79109

    55-unit apartment complex in Amarillo, TX with upside potential.

    • Immediate upside potential with below‑market rents.
    • Prime SW Amarillo location near major amenities.
    • 55‑unit multifamily property with a mix of 1‑bed/1‑bath and 2‑bed/1‑bath units.
    • Amarillo's strong economic outlook.
    • Recent upgrades demonstrate potential for rent growth.
    Updated: Mar 17
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    New 6-Plex Investment Opportunity
    $1,180,000
    5,982 SF

    New 6-Plex Investment Opportunity

    10524 Tierra Santa Drive, Amarillo, TX 79119

    Newly constructed 6-plex with modern amenities, ready for income generation.

    • Newly constructed 6‑plex, turnkey and ready to generate income.
    • Six identical units, each with 2 bedrooms, 2 bathrooms, and a 1‑car garage.
    • All‑electric units for energy efficiency and low maintenance.
    • Granite countertops and included appliances (refrigerator, range, microwave, disposal, dishwasher).
    • Durable and stylish luxury vinyl plank (LVP) flooring throughout.
    Updated: Feb 1
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    Remodeled Multifamily Portfolio in Amarillo
    $950,000
    1,310 SF

    Remodeled Multifamily Portfolio in Amarillo

    Eight-unit multifamily portfolio in Amarillo, Texas, ideal for investment.

    Southlawn Package, Amarillo, TX 79110
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    Amarillo Multifamily Investment Portfolio
    $1,999,999

    Amarillo Multifamily Investment Portfolio

    Sixteen-door remodeled multifamily portfolio in Amarillo, Texas.

    Portfolio Package, Amarillo, TX 79110
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    Multifamily Value-Add Opportunity in Amarillo
    $2,700,000
    22,080 SF

    Multifamily Value-Add Opportunity in Amarillo

    Class C multifamily property with income stream and upside potential.

    4101 REPUBLIC AVE, Amarillo, TX 79109
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    Multifamily Portfolio in Amarillo, Texas
    $1,600,000
    672 SF

    Multifamily Portfolio in Amarillo, Texas

    Portfolio of 15 properties in Amarillo, Texas for sale.

    402 South Rusk Street, Amarillo, TX 79106
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    Apartment Development Near Texas Tech
    $2,500,000
    127,340 SF

    Apartment Development Near Texas Tech

    Ready-to-build 105-unit apartment complex near medical district.

    6990 SW 9th Ave, Amarillo, TX 79106
    View details
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 7 Active listings in Amarillo, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Dumas Multifamily Investment Opportunity
    $540,000
    982 SF

    Dumas Multifamily Investment Opportunity

    Seven-unit residential income property in Dumas, Texas, for sale.

    Dumas SFH Bundle, Dumas, TX 79029
    View details
    Lubbock Multifamily Investment Opportunity
    $446,000
    5,443 SF

    Lubbock Multifamily Investment Opportunity

    Multifamily property in Lubbock, TX with rental income potential.

    Package Property 3, Lubbock, TX 79415
    View details
    Seven Residential Units in Dumas
    $540,000
    982 SF

    Seven Residential Units in Dumas

    Seven rental units available in the Texas Panhandle.

    1107 2nd, Dumas, TX 79029
    View details
    Multifamily Investment Opportunity in Lubbock
    $11,625,000

    Multifamily Investment Opportunity in Lubbock

    Two multifamily properties with renovation potential in a growing area.

    1510 East Cornell Street, Lubbock, TX 79403
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    El Paso Vacant Residential Land
    $95,172
    0.21 Acres

    El Paso Vacant Residential Land

    9,270 sq ft vacant lot in established El Paso neighborhood.

    4936 Titanic Avenue, El Paso, TX 79904
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details

    Off-Market Properties in Amarillo, TX

    Consider similar Off-Market properties in Amarillo, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1214 10th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,012 SF Lot: 0.20 Acres
    Value Estimation by Request

    1214 10th Ave, Amarillo, TX 79101-3147

    View details
    1212 10th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,568 SF Lot: 0.16 Acres
    Value Estimation by Request

    1212 10th Ave, Amarillo, TX 79101-3145

    View details
    1911 Madison St
    Multifamily properties
    4,440 SF
    Value Estimation by Request

    1911 Madison St, Amarillo, TX 79109

    View details
    601 Nelson St
    Multifamily properties
    Value Estimation by Request

    601 Nelson St, Amarillo, TX 79104

    View details
    1638 12Th Ave
    Multifamily properties
    Value Estimation by Request

    1638 12Th Ave, Amarillo, TX 79107

    View details
    1900-1908 12Th Ave
    Multifamily properties
    Value Estimation by Request

    1900-1908 12Th Ave, Amarillo, TX 79107

    View details
    6990 9Th Ave
    Multifamily properties
    127,340 SF Lot: 3.23 Acres

    6990 9Th Ave, Amarillo, TX 79106

    View details
    1928 12Th Ave
    Multifamily properties
    Value Estimation by Request

    1928 12Th Ave, Amarillo, TX 79107

    View details
    Bolton St
    Multifamily properties
    Lot: 14.43 Acres
    Value Estimation by Request
    Bolton St

    0 Bolton St, Amarillo, TX 79107

    View details
    1501 9Th Ave
    Multifamily properties
    17,100 SF
    Value Estimation by Request

    1501 9Th Ave, Amarillo, TX 79101

    View details
    SEC Rusk St
    Multifamily properties
    Lot: 10.00 Acres
    Value Estimation by Request

    SEC Rusk St, Amarillo, TX 79107

    View details
    203 15Th Ave
    Multifamily properties
    Value Estimation by Request

    203 15Th Ave, Amarillo, TX 79107

    View details
    4300 Prairie Ave
    Multifamily properties
    24,000 SF
    Value Estimation by Request

    4300 Prairie Ave, Amarillo, TX 79109

    View details
    2415 Coulter St
    Multifamily properties
    Value Estimation by Request

    2415 Coulter St, Amarillo, TX 79121

    View details
    1613 Polk St
    Multifamily properties
    111,765 SF
    Value Estimation by Request

    1613 Polk St, Amarillo, TX 79102

    View details
    1401 Van Buren St
    APARTMENT HOUSE (5+ UNITS)
    46,477 SF Lot: 0.52 Acres
    Estimated value
    $2,565,000

    1401 Van Buren St, Amarillo, TX 79101-4157

    View details

    Amarillo, TX Apartment Buildings Investment Opportunities Market Analysis

    Explore 23 apartment buildings for sale in Amarillo, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 144,904 square feet of properties for sale, with an estimated market value of $9,880,000.

    Sale prices for two-family homes in Amarillo, TX start at $950,000, averaging $1,976,000, and reaching up to $3,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Amarillo fall within the 100,000+ square foot range.

    Demographics Overview

    Population 236K
    Population Growth (5Y) +2.2%
    Median Household Income $66,978
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

    Identify Amarillo submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    79119 $1.2M
    79110 $1.5M
    79106 $2.1M
    79109 $3.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $29.72 per sq ft
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Amarillo, TX

    • 79106
    • 79109
    • 79110
    • 79119

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