106 NE 11th Avenue Amarillo, TX 79107
MULTI_FAMILY - Amarillo, TX
Property Features for 106 NE 11th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 101501
- Size
- 1,320 SF
Taxes and HOA fees
- Tax Description
- AMARILLO HEIGHTS, BLK 0035, E/2 OF 12
Building Details
- Year built
- 1945
Listing agent Kathryn Tow (806) 236-4003
Listing office Wieck Realty, Inc. 3131 Bell St Ste 104, Amarillo, TX (806) 236-4003
Listing date May 28, 2026
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Triplex property offers investment opportunity.
- Features two 1 bedroom/1 bathroom units.
- Includes one 2 bedroom/1 bathroom unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $11.40 |
| − Vacancy | −$828 | −$0.63 |
| EGI | $14.2k | $10.77 |
| − OpEx | −$4.3k | −$3.23 |
| NOI | $10.0k | $7.54 |
