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Duplex with Wood-Burning Fireplace
For Sale
$264,900
Pending

6304 Quaker Avenue, Lubbock, TX 79413

MULTI_FAMILY - Other - Lubbock, TX

Property Size2,663 SF
Lot Size0.33 Acres
Days on Market277

Property Features for 6304 Quaker Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking features Open, Garage, Alley, Driveway
Window features Blinds
Patio and Porch features Porch
Interior features Ceiling Fan(s), Walk-In Closet(s)
Exterior features Private Yard
Fireplace 1
Appliances Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator
Lot features City Lot, Front Yard, Pie Shaped Lot
Elementary school Williams
Middle school Irons
High school Coronado
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Directions Inside of South Loop 289, Take Quaker north and the property is located on the west side of the street, on a separate little side street, you will see the other homes on that row.
Subdivision 3
Standard status Pending
APN R56720
Size 2,663 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description Quail Ridge L 17 Less Ne/Pt
Tax Annual Amount 4828
Legal Description Quail Ridge L 17 Less Ne/Pt

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public

Amenities

updated laminate flooring
wood burning fireplace w/gas starter
walk in closets
spacious backyards

Building Details

Year built 1976
Floors in Building 1
Number of units 2
Flooring type Laminate, Carpet
Building materials Brick Veneer
Roof type Composition
Architectural style Other
Listing Agency: Sincerity Real Estate LLC
Listed By: Tracie Nelson · License #0645141
Added: Oct 30, 2025 Changed: Jul 31 Last Checked: Aug 2 at 1:06PM
MLS# 202562479

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.

6304 Quaker Avenue is a brick veneer duplex built in 1976 featuring partially updated Unit A and Unit B. Unit A offers two bedrooms and 1.5 bathrooms with approximately 1,200 SF, while Unit B offers three bedrooms and 2 bathrooms with approximately 1,400 SF. Both units include updated laminate flooring, a wood-burning fireplace with a gas starter, walk-in closets, and spacious backyards, along with a porch and a 2-car garage.

The duplex is served by central heating and cooling, with natural gas and central electric noted for heating and central air plus electric/ceiling fans for cooling. Interior features include ceiling fans and walk-in closets. Appliances listed for the units include a dishwasher, electric range, microwave, range hood, and refrigerator.

The property sits on a 0.33-acre lot and is connected to public water and public sewer. Parking is supported by open parking, a driveway, and alley access, with a composition roof and private yard space.

Key Highlights

  • Wood‑burning fireplace with gas starter in both units
  • Unit A: 2 bedrooms, 1.5 baths, approx 1,200 SF
  • Unit B: 3 bedrooms, 2 baths, approx 1,400 SF

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 $36.7k $13.80
− Vacancy −$2.4k −$0.90
EGI $34.4k $12.90
− OpEx −$10.3k −$3.87
NOI $24.1k $9.03
2,663 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$343.6K
$300.7K – $400.9K (±1% cap)
NOI $24,052 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$308.5K
$270.0K – $360.0K (±1% cap)
NOI $21,597 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$671.3K
$587.4K – $783.2K (±1% cap)
NOI $46,994 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby

Demographics for 79413, TX

20,962
Population
9,590
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
4,460
Density / Sq Mi
$67,062
Median Household Income
$38,004
Median Earnings
$1,325
Median Rent
$195,900
Median Home Value

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?
Duplex - Partially updated brick veneer duplex with two units, wood-burning fireplace with gas starter, and private yards.
Where is this duplex located?
The property is located at 6304 Quaker Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Wood‑burning fireplace with gas starter in both units; Unit A: 2 bedrooms, 1.5 baths, approx 1,200 SF; Unit B: 3 bedrooms, 2 baths, approx 1,400 SF
More about this property
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