Add Listing
    Lubbock, TX
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Lubbock, TX Apartment Buildings for Sale

    Notify Me
    List
    Map
    Shallowater, TX San Antonio, TX Wolfforth, TX
    21 results
    Value-Add 12-Unit Apartment Package
    $299,000
    7,520 SF

    Value-Add 12-Unit Apartment Package

    1708 18th Street, Lubbock, TX 79401

    Four-building multi-family package near Texas Tech and the medical district, offering individual electric metering per unit.

    • 12‑unit multi‑family package across 4 buildings: 4 units at 1708 Front, 2 units at 1708, 4 units at 1712 Front, and 2 units at 1712 Rear
    • Each unit has its own electric meter; water is metered together
    • All units served by public water and public sewer
    • Brick construction with a composition roof
    • Tile flooring; electric heating and multiple cooling options including window and wall/window units
    Updated: Jun 2
    View details
    Lubbock Multifamily Investment Opportunity
    $1,625,000
    11,170 SF

    Lubbock Multifamily Investment Opportunity

    3404 25th Street, Lubbock, TX 79410

    Five-unit complex near Texas Tech, ideal for investors.

    • Prime Investment Opportunity: 5‑unit complex near Texas Tech University (TTU).
    • Each unit features 4 bedrooms and 4.5 bathrooms, providing ample private space.
    • Turn‑key rental units with essential appliances included: washer/dryer and refrigerator in every unit.
    • Convenient location close to campus, shopping, dining, and entertainment.
    • Each unit has a thoughtfully designed balcony.
    Updated: Apr 1
    View details
    Lubbock Multifamily Investment Opportunity
    $525,000
    6,630 SF

    Lubbock Multifamily Investment Opportunity

    8-unit multifamily property in central Lubbock near major employers.

    1510 29th Place, Lubbock, TX 79411
    View details
    Eight-Unit Multifamily Investment
    $475,000
    5,472 SF

    Eight-Unit Multifamily Investment

    Value-add 8-unit property with 1-bedroom layouts and tenant-paid electricity, offering upside through achievable rent improvements.

    1608 59th Street, Lubbock, TX 79412
    View details
    Lubbock Multifamily Property Near Tech
    $610,000
    7,768 SF

    Lubbock Multifamily Property Near Tech

    Multifamily property near Texas Tech, suitable for short-term rentals.

    2123 15th Street, Lubbock, TX 79401
    View details
    Updated Multifamily Near Texas Tech
    $849,000
    7,638 SF

    Updated Multifamily Near Texas Tech

    Updated 13-unit apartment building near Texas Tech University.

    1610 45th Street, Lubbock, TX 79412
    View details
    Well-Maintained 5-Plex Built in 2022
    $950,000
    6,688 SF

    Well-Maintained 5-Plex Built in 2022

    Incredible 5-plex built in 2022, presently occupied by fantastic tenants.

    2620-2628 136th Street, Lubbock, TX 79423
    View details
    Lubbock Multifamily Investment Opportunity
    $1,100,000
    10,725 SF

    Lubbock Multifamily Investment Opportunity

    Five-building duplex property with ten units, 100% occupied in Lubbock.

    3511 - 3519 35th Street, Lubbock, TX 79413
    View details
    Well-Maintained 5-Plex in Lubbock, TX
    $950,000
    6,640 SF

    Well-Maintained 5-Plex in Lubbock, TX

    Well-maintained 5-plex built in 2022 with open floor plans.

    2610-2618 136th Street, Lubbock, TX 79423
    View details
    Multifamily Value-Add Portfolio
    $225,000
    10,568 SF

    Multifamily Value-Add Portfolio

    Mixed residential rental inventory offers immediate leasing potential and scope for meaningful renovation-driven upside.

    312 E 34th Street, Lubbock, TX 79404
    View details
    South Lubbock Townhome Investment Property
    $1,150,000
    8,280 SF

    South Lubbock Townhome Investment Property

    Five-unit townhome property in desirable South Lubbock, Lubbock-Cooper ISD.

    2544 137th Street, Lubbock, TX 79423
    View details
    Lubbock Multifamily Investment Opportunity
    $465,000
    5,406 SF

    Lubbock Multifamily Investment Opportunity

    Multifamily property in Lubbock, TX with high occupancy.

    3508 E Colgate Street, Lubbock, TX 79403
    View details
    7-Unit Townhome Investment Opportunity
    $929,000
    9,905 SF

    7-Unit Townhome Investment Opportunity

    Fully occupied 7-unit townhome complex in South Lubbock.

    3102-3114 75th St, Lubbock, TX 79423
    View details
    Lubbock Multifamily Investment Opportunity
    $980,000

    Lubbock Multifamily Investment Opportunity

    16-unit multifamily property in Lubbock, Texas with value-add potential.

    1101 52nd Street, Lubbock, TX 79412
    View details
    Student Housing Near Texas Tech
    $5,500,000
    13,680 SF

    Student Housing Near Texas Tech

    26-bed student housing property approximately 1.2 miles from Texas Tech.

    2007 Main St, Lubbock, TX 79401
    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
    Multifamily Property in Lubbock, Texas
    $274,900
    15,910 SF

    Multifamily Property in Lubbock, Texas

    Twelve-unit multifamily property with renovation potential in Lubbock, Texas.

    6505 Avenue Q, Lubbock, TX 79412
    View details
    Renovated Lubbock Apartments For Sale
    $3,600,000

    Renovated Lubbock Apartments For Sale

    Lubbock apartments with six floor plans, renovated in 2017.

    3333 Toledo Avenue, Lubbock, TX 79410
    View details
    Multifamily Property in Lubbock, Texas
    $465,000
    5,406 SF

    Multifamily Property in Lubbock, Texas

    Multifamily property with high occupancy and strong cap rate.

    3508 E Colgate Street, Lubbock, TX 79403
    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
    Renovated Lubbock Apartments For Sale
    Contact for pricing

    Renovated Lubbock Apartments For Sale

    Apartment complex in Lubbock, TX, renovated in 2017.

    3333 Toledo Ave, Lubbock, TX 79410
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Lubbock, TX, we suggest to view alternatives - similar 14 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lubbock, TX

    Consider similar Off-Market properties in Lubbock, 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.

    4501 Brownfield Dr
    Multifamily properties
    Value Estimation by Request

    4501 Brownfield Dr, Lubbock, TX 79410

    View details
    1610 45Th St
    Multifamily properties

    1610 45Th St, Lubbock, TX 79412

    View details
    7303 Avenue X
    Multifamily properties
    Value Estimation by Request

    7303 Avenue X, Lubbock, TX 79423

    View details

    Lubbock, TX Apartment Buildings Investment Opportunities Market Analysis

    Explore 35 apartment buildings for sale in Lubbock, TX, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 147,234 square feet of properties for sale, with an estimated market value of $17,532,900.

    Sale prices for two-family homes in Lubbock, TX start at $274,900, averaging $1,031,347, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Property Size Breakdown

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

    Demographics Overview

    Population 286K
    Population Growth (5Y) +0.1%
    Median Household Income $66,110
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    79404 $285K
    79415 $446K
    79411 $525K
    79412 $646K
    79423 $994.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $22.36 per sq ft
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Lubbock, TX

    Popular Categories

    Most Searched ZIP Codes in Lubbock, TX

    • 79423
    • 79412
    • 79403
    • 79410
    • 79401
    • 79404
    • 79411
    • 79413
    • 79415

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!