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Quadplex Redevelopment Property
For Sale
$110,000

404 N LINCOLN, Amarillo, TX 79107

MultiFamily, Amarillo, TX

Property Size3,226 SF
Lot Size0.19 Acres
Price / SF$34.10
Days on Market73

Property Features for 404 N LINCOLN

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 0100 - NW Amarillo in City Limits
Directions Head downtown and exit Buchanan and you turn right on 3rd and left on Lincoln
Subdivision 0110 - Wild Horse Lake
Standard status Active
APN 139859
Size 3,226 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description HOLLAND'S ADDN, LOT 008, BLK 0216, 0.1900 ACRES
Legal Description HOLLAND'S ADDN, LOT 008, BLK 0216, 0.1900 ACRES

Building Details

Year built 1920
Roof type Composition
Listing Agency: Gillispie Land Group, LLC
Listed By: Andrea Daniels · License #0644386
Added: Jul 9 Changed: Sep 3 Last Checked: Sep 19 at 1:06PM
MLS# 26-3350

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.

Located at 404 N Lincoln in Amarillo, this 3,226-square-foot property is configured for a four-unit redevelopment. Built in 1920 on a 0.19-acre parcel, the building has been stripped to the studs, creating an open interior for reconstruction and customization.

Exterior work includes new siding and windows, while the composition roof remains in place. Electrical and HVAC systems require installation, allowing the next owner to address those components as part of the interior build-out. The property provides a substantial existing structure for re-creating a 4-plex near downtown Amarillo.

Key Highlights

  • 3,226‑square‑foot property on a 0.19‑acre parcel
  • Configured for redevelopment as a 4‑plex
  • Interior stripped to the studs

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby

Demographics for 79107, TX

37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated exterior siding and windows frame an interior ready for a complete custom build-out.
Where is this quadplex located?
The property is located at 404 N LINCOLN Amarillo, TX.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 3,226‑square‑foot property on a 0.19‑acre parcel; Configured for redevelopment as a 4‑plex; Interior stripped to the studs
More about this property
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