Duplex With Attached
4318 58th Street Lubbock, TX 79413
4318 58th Street, Lubbock, TX, 79413
$215,000
Pending
For Sale
$215,000
Pending
MULTI_FAMILY - Lubbock, TX
Property Size2,330 SF
Lot Size0.22 Acres
Days on Market548
Property Features for 4318 58th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
- Parking features
- Garage
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher
- Standard status
- Pending
- APN
- R122336
- Size
- 2,330 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- PLAINSMEN E31'OF L 117 & W39'
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agency
Keller Williams Realty
(806) 771-7710
Listed by
Rex Andrews · License #0663823
(806) 777-6556
Added: Jan 20, 2025 Updated: Jul 18 at 1:41PM Checked: Jul 22 at 11:06PM
MLS# 202501049
Copyright © 2026 Lubbock 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 offers two separate units, A and B, each configured as 2 bedrooms and 1.5 bathrooms. Both units include living rooms with fireplaces, providing a defined gathering space within each layout. Each unit also has its own attached single-car garage, offering convenient, on-site parking and additional storage.
The property is located in Lubbock, Texas, and is described as being close to schools, shopping, dining, and entertainment options.
With two independently arranged units, this property provides a residential income setup centered on well-defined interior living spaces and attached garage convenience for each tenant.
The property is located in Lubbock, Texas, and is described as being close to schools, shopping, dining, and entertainment options.
With two independently arranged units, this property provides a residential income setup centered on well-defined interior living spaces and attached garage convenience for each tenant.
Key Highlights
- Duplex with two units: Unit A is 2 bed / 1.5 bath and Unit B is 2 bed / 1.5 bath
- Each unit has a single‑car attached garage for convenient parking and storage
- Brick construction with central heating (natural gas) and central air conditioning
Local Financial Insights For Apartment 5plus
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 | $36.6k | $15.72 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $34.4k | $14.75 |
| − OpEx | −$15.5k | −$6.64 |
| NOI | $18.9k | $8.11 |
2,330 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$300.6K
$263.1K – $350.8K
NOI $21,045 @ 7.0% cap · market cap 9.79%
Second Best
Apartment 5plus
$269.9K
$236.2K – $314.9K
NOI $18,896 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$587.4K
$514.0K – $685.3K
NOI $41,118 @ 7.0% cap · market cap 19.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 2-bedroom units feature attached single-car garages and living rooms with fireplaces.
Where is this duplex located?
The property is located at 4318 58th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex with two units: Unit A is 2 bed / 1.5 bath and Unit B is 2 bed / 1.5 bath; Each unit has a single‑car attached garage for convenient parking and storage; Brick construction with central heating (natural gas) and central air conditioning
