Two-Unit Duplex Income
411 S Florida Street Amarillo, TX 79106
New
For Sale
$99,000
MULTI_FAMILY - Amarillo, TX
Property Size1,056 SF
Price / SF$93.75
Days on Market3
Property Features for 411 S Florida Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
- Standard status
- Active
- APN
- 170622
- Size
- 1,056 SF
Taxes and HOA fees
- Tax Description
- SAN JACINTO HEIGHTS, BLK 0048, W 74.25FT OF 12
Utilities
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1927
- Number of units
- 2
- Building materials
- Siding
- Roof type
- Composition
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Zoey Shepherd
(806) 359-4000
Added: Jul 22
Last Checked: Jul 24 at 9:06AM
MLS# 26-5890
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.
This duplex is an income-producing two-unit property with each side configured as a 1-bedroom, 1-bath layout. Unit A includes a fenced-in back yard, while Unit B has access to a detached two-car garage.
The property is located at 411 S Florida Street in Amarillo, Texas, within Potter County.
As a residential income asset, it provides a straightforward duplex setup with common exterior amenities distributed by unit, including outdoor space for Unit A and garage access for Unit B.
The property is located at 411 S Florida Street in Amarillo, Texas, within Potter County.
As a residential income asset, it provides a straightforward duplex setup with common exterior amenities distributed by unit, including outdoor space for Unit A and garage access for Unit B.
Key Highlights
- Income‑producing duplex built in 1927
- Each side features a 1‑bedroom, 1‑bath layout
- Unit A includes a fenced‑in back yard
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 | $12.0k | $11.40 |
| − Vacancy | −$662 | −$0.63 |
| EGI | $11.4k | $10.77 |
| − OpEx | −$3.4k | −$3.23 |
| NOI | $8.0k | $7.54 |
1,056 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$113.8K
$99.5K – $132.7K
NOI $7,963 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$100.1K
$87.6K – $116.7K
NOI $7,004 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$235.8K
$206.3K – $275.1K
NOI $16,504 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truppy67designs
Advertising Agency
FAQs
What type of property is this?
Duplex - Duplex offers two 1-bedroom, 1-bath units, with Unit A featuring a fenced backyard and Unit B accessing a detached two-car garage.
Where is this duplex located?
The property is located at 411 S Florida Street Amarillo, TX.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1927; Each side features a 1‑bedroom, 1‑bath layout; Unit A includes a fenced‑in back yard
