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    Amarillo, TX
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    Amarillo, TX Apartment Buildings for Sale

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    6-Unit Apartment Building with Garages
    Updated: May 14
    6-Unit Apartment Building with Garages

    10524 Tierra Santa Drive, Amarillo, TX 79119

    $1,180,000
    5,982 sqft 1.02 AC lot
    6‑unit apartment property with 5,982 square feet on 1.02 acres
    Each unit includes 2 bedrooms, 2 bathrooms, and a 1‑car garage
    2025 construction currently listed as under construction
    Granite countertops, LVP flooring, and all‑electric central air
    Covered patio and private gravel‑finished yard for every unit
    View details
    7-Unit Tudor-Style Apartment Building
    Updated: Aug 29
    7-Unit Tudor-Style Apartment Building

    1013 SW 11TH Avenue, Amarillo, TX 79101

    $490,000
    Seven‑unit Tudor‑style apartment property
    100% occupancy across the property
    Six of seven units have been remodeled
    Unit mix includes 2/1, 1/1, and studio apartments
    Six car garage stalls plus additional surrounding parking
    View details
    20-Unit Townhome Apartment Property
    20-Unit Townhome Apartment Property

    4500 S Virginia Street, Amarillo, TX 79109

    $2,200,000
    1,039 sqft

    Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.

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    See hot listings in Amarillo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    20-Unit Apartment Complex with Laundry
    20-Unit Apartment Complex with Laundry

    709 N Mirror St, Amarillo, TX 79107

    Contact for pricing
    14,000 sqft

    Five residential buildings accompany a detached commercial laundry facility under MF-1 zoning.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    620 West Amarillo Boulevard, Amarillo, TX 79107

    $899,000

    Recent work covers plumbing, unit upgrades, and exterior improvements.

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    Multifamily Value-Add Opportunity in Amarillo
    Multifamily Value-Add Opportunity in Amarillo

    4101 REPUBLIC AVE, Amarillo, TX 79109

    Contact for pricing
    22,080 sqft

    Class C multifamily property with income stream and upside potential.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    112-Unit Garden-Style Apartment Community
    112-Unit Garden-Style Apartment Community

    4301 Southwest 51st Avenue, Amarillo, TX 79109

    $5,998,000

    Recent capital work supports continued leasing and operating updates across the community.

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    Based on your search, we've compiled 27 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

    Opportunities in Nearby Cities

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

    48-Unit Apartment Building
    48-Unit Apartment Building

    1031 N SUMNER Street, Pampa, TX 79065

    $2,950,000
    51,064 sqft

    Brick-veneer multifamily property with 98% occupancy and access to major highways and national retailers.

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    48-Unit Apartment Building
    48-Unit Apartment Building

    1031 N Sumner Street, Pampa, TX 79065

    $2,950,000
    51,064 sqft

    Multifamily property near national retailers with access to Highways 70 and 60.

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    Value-Add Apartment Community
    Value-Add Apartment Community

    1100 S Wicker Avenue, Littlefield, TX 79339

    Contact for pricing
    35,866 sqft

    Apartment community with 45 units and roughly 93% occupancy, offering room to increase NOI through rent adjustments.

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    45-Unit Apartment Building
    45-Unit Apartment Building

    1100 S Wicker Avenue, Littlefield, TX 79339

    $2,400,000

    Established multifamily property with maintained improvements and current occupancy above ninety percent.

    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)

    1214 10th Ave, Amarillo, TX 79101-3147

    Estimated value:
    $270,000
    2,012 sqft 0.20 AC lot
    View details
    1212 10th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1212 10th Ave, Amarillo, TX 79101-3145

    Estimated value:
    $305,000
    2,568 sqft 0.16 AC lot
    View details
    1911 Madison St
    Multifamily properties

    1911 Madison St, Amarillo, TX 79109

    Estimated value: by Request
    4,440 sqft
    View details
    601 Nelson St
    Multifamily properties

    601 Nelson St, Amarillo, TX 79104

    Estimated value: by Request
    View details
    1638 12Th Ave
    Multifamily properties

    1638 12Th Ave, Amarillo, TX 79107

    Estimated value: by Request
    View details
    1900-1908 12Th Ave
    Multifamily properties

    1900-1908 12Th Ave, Amarillo, TX 79107

    Estimated value: by Request
    View details
    6990 9Th Ave
    Multifamily properties

    6990 9Th Ave, Amarillo, TX 79106

    Estimated value: by Request
    127,340 sqft 3.23 AC lot
    View details
    1928 12Th Ave
    Multifamily properties

    1928 12Th Ave, Amarillo, TX 79107

    Estimated value: by Request
    View details
    Bolton St
    Multifamily properties

    0 Bolton St, Amarillo, TX 79107

    Estimated value: by Request
    14.43 AC lot
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    1501 9Th Ave
    Multifamily properties

    1501 9Th Ave, Amarillo, TX 79101

    Estimated value: by Request
    17,100 sqft
    View details
    SEC Rusk St
    Multifamily properties

    SEC Rusk St, Amarillo, TX 79107

    Estimated value: by Request
    10.00 AC lot
    View details
    203 15Th Ave
    Multifamily properties

    203 15Th Ave, Amarillo, TX 79107

    Estimated value: by Request
    View details
    4300 Prairie Ave
    Multifamily properties

    4300 Prairie Ave, Amarillo, TX 79109

    Estimated value: by Request
    24,000 sqft
    View details
    2415 Coulter St
    Multifamily properties

    2415 Coulter St, Amarillo, TX 79121

    Estimated value: by Request
    View details
    1613 Polk St
    Multifamily properties

    1613 Polk St, Amarillo, TX 79102

    Estimated value: by Request
    111,765 sqft
    View details
    1401 Van Buren St
    APARTMENT HOUSE (5+ UNITS)

    1401 Van Buren St, Amarillo, TX 79101-4157

    Estimated value:
    $2,565,000
    46,477 sqft 0.52 AC lot
    View details

    Amarillo, TX Apartment Buildings Market Trends and Statistics

    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 43,101 square feet of properties for sale, with an estimated market value of $10,767,000.

    Sale prices for apartment complexes in Amarillo, TX start at $490,000, averaging $2,153,400, and reaching up to $5,998,000 — 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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    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 average listing prices of real estate assets

    Neighborhood Average Price
    79107 $225K
    79101 $490K
    79119 $1.2M
    79109 $2.5M

    Taxes & Financing

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

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Amarillo, TX

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    Most Searched ZIP Codes in Amarillo, TX

    • 79107
    • 79109
    • 79101
    • 79119

    Featured Amarillo Real Estate Agencies

    Realmo connects you with licensed Amarillo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Dro Management I Inc dba Keller Williams Realty
    3955 Soncy Road Amarillo, TX 79119
    Phone: 18063594000
    amarillohomesforsale.com
    Triangle Realty
    7669 Canyon Drive Amarillo, TX 79110
    Phone: 18066813647
    trianglerealtyllc.com/
    Hughes Real Estate
    6910 SW 45th Amarillo, TX 79109
    Phone: 18065848421
    hughes-realestate.com
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