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    South Lubbock Duplex Investment Opportunity Title is generated by Realmo AI

    9706 Avenue U, Lubbock, TX 79423

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    Claim this Listing
    For Sale
    $285,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    2,529 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $112/SF
    Added:
    Jan 14, 2026
    Days on Market:
    147
    Last Refresh:
    Jun 10 at 3:06 am

    Property Features for 9706 Avenue U

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
    Parking features
    Garage, Driveway, On Street
    Patio and Porch features
    Porch
    Interior features
    Breakfast Bar, Ceiling Fan(s), Kitchen Island, Pantry
    Exterior features
    Private Yard
    Fencing
    Gate
    Fireplace
    1
    Appliances
    Convection Oven, Dishwasher, Gas Cooktop
    Standard status
    Active
    APN
    R166591
    Size
    2,529 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    Southridge L 2
    Tax Annual Amount
    3826

    Utilities

    Heating system
    Fireplace(s)
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2003
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Han Li

    Listing agent Han Li License #0739511

    Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX

    Listing date Jan 14, 2026

    MLS# 202600686 Listing URL

    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.

    HighLights

    • Duplex with two units, each featuring a 3‑bedroom, 2‑bathroom layout with attached garages
    • Corner brick fireplaces in the living areas, with vaulted ceilings
    • Kitchen features include a breakfast bar and kitchen island, plus pantry
    • Fully fenced backyard included for each side, with a private yard and gate
    • Year built 2003 with brick construction and a composition roof
    • Utilities include public water; cooling and ceiling fans, with gas cooktop and dishwasher

    Overview

    This duplex presents an opportunity to expand an investment portfolio. Located in a quiet South Lubbock neighborhood, the property features two spacious units. Each unit offers a functional 3-bedroom, 2-bathroom layout, complete with attached garages. The units include open-concept living areas featuring vaulted ceilings, corner brick fireplaces, and wrap-around breakfast bars. Each side of the property has a generously sized, fully fenced backyard. The property size is 2529 square feet on a lot of 0.18 acres.

    Local 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 $34.9k $13.80
    − Vacancy −$2.3k −$0.90
    EGI $32.6k $12.90
    − OpEx −$9.8k −$3.87
    NOI $22.8k $9.03
    2,529 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $326.3K
    $285.5K – $380.7K (±1% cap)
    NOI $22,842 @ 7.0% cap · market cap 8.01%
    Second Best
    Apartment 5plus
    $293.0K
    $256.4K – $341.8K (±1% cap)
    NOI $20,510 @ 7.0% cap · market cap 7.20%
    Theoretical Best
    Office A
    $637.6K
    $557.9K – $743.8K (±1% cap)
    NOI $44,630 @ 7.0% cap · market cap 15.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.862004
    Latitude
    33.505727

    FAQs

    What type of property is this?
    Duplex - Spacious duplex in quiet neighborhood with functional layouts and garages.
    Where is this duplex located?
    The property is located at 9706 Avenue U Lubbock, TX.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Duplex with two units, each featuring a 3‑bedroom, 2‑bathroom layout with attached garages; Corner brick fireplaces in the living areas, with vaulted ceilings; Kitchen features include a breakfast bar and kitchen island, plus pantry
    More about this property
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