Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    6505 Avenue Q Lubbock, TX 79412

    Sponsored
    Picture of Apartment buildings at Avenue Q 6505, Lubbock, TX
    For Sale
    $424,900

    COMMERCIAL - Lubbock, TX

    Property size:
    15,910 SF
    Lot size:
    0.42 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 6505 Avenue Q

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R321208
    Size
    15,910 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1974
    Floors in Building
    2

    AssetlyOne LLC (469) 450-7037

    Listing agent Wesson Assefa License #0506165

    Listing date Dec 17, 2025

    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.

    Overview

    Multifamily Property in Lubbock, Texas

    This is an opportunity to acquire a twelve-unit multifamily property situated on a 0.42-acre lot in Lubbock, Texas. The property, offered as an REO sale, presents upside potential through renovation. The property has a total size of 15910 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.853766
    Latitude
    33.535353

    Nearby Similar for Sale

    • $650,000

      Multifamily Investment Near Texas Tech

      Four properties near Texas Tech, offering diverse rental opportunities.
      Package Property, Lubbock, TX 79411
      View Details
    • $700,000
      7,768 SF

      Multifamily Property Near Texas Tech

      Multifamily property near Texas Tech, suitable for students and short-term rentals.
      2123 15Th St, Lubbock, TX 79401
      View Details
    • $333,000
      2,832 SF

      Historic Multifamily Property Near Texas Tech

      Six-bedroom property near Texas Tech, featuring unique historic details.
      2323 20Th St, Lubbock, TX 79411
      View Details
    • $415,000

      Lubbock Income-Generating Package Property

      Fully leased properties with strong rental history in desirable Lubbock locations.
      Package Property, Lubbock, TX 79410
      View Details
    • $385,000
      4,868 SF

      Spacious Duplex with Atriums

      Two units, each with private atrium and two-car garage.
      3313 74Th St, Lubbock, TX 79423
      View Details
    • $1,250,000
      7,224 SF

      Updated Commercial Space with Offices

      Move-in ready commercial space featuring private offices and modern amenities.
      10210 Frankford Ave, Lubbock, TX 79424
      View Details
    • $999,000
      6,688 SF

      Well-Maintained 5-Plex Built in 2022

      Built in 2022, this 5-plex is located across from East Elementary.
      2620-2628 136Th St, Lubbock, TX 79423
      View Details
    • $625,000
      4,653 SF

      Multifamily Package Deal in Lubbock

      Three fully leased townhomes with stable cash flow in Lubbock.
      5861 Virginia Ave, Lubbock, TX 79407
      View Details
    • $324,900
      5,364 SF

      Lubbock Quadplex Investment Opportunity

      Four-unit quadplex near Texas Tech with stable occupancy.
      7405 Avenue X, Lubbock, TX 79423
      View Details
    • $265,500
      2,726 SF

      Updated Duplex Near Texas Tech

      Updated duplex near Texas Tech, ideal for investors or owner-occupants.
      4320 52Nd St, Lubbock, TX 79413
      View Details
    • $399,000
      Pending

      Versatile Commercial Property For Sale

      Commercial property suitable for medical, office, or service-oriented operations.
      5220 75Th St, Lubbock, TX 79424
      View Details
    • $850,000
      10,840 SF

      Lubbock Church with Annex Building

      Well-maintained church with annex, apartment, and versatile spaces.
      1601 44Th St, Lubbock, TX 79412
      View Details

    FAQs

    What type of property is this?
    Apartment building - Twelve-unit multifamily property with renovation potential in Lubbock, Texas.
    Where is this apartment building located?
    The property is located at 6505 Avenue Q Lubbock, TX.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: - Twelve-unit multifamily property; - Great upside potential for investors; - REO sale
    (469) 450-7037
    Request Owner's contact information
    6505 Avenue Q Lubbock, TX 79412
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6505 Avenue Q
    Lubbock, TX 79412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6505 Avenue Q Lubbock, TX 79412
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.