Apartment Building

Amarillo, TX Apartment Buildings for Sale

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6 properties
7-Unit Tudor-Style Apartment Building
Updated: Aug 29
7-Unit Tudor-Style Apartment Building

1013 SW 11TH Avenue, Amarillo, TX 79101

$490,000
Seven‑unit Tudor‑style apartment property
100% occupancy across the property
Six of seven units have been remodeled
Unit mix includes 2/1, 1/1, and studio apartments
Six car garage stalls plus additional surrounding parking
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6-Unit Apartment Building with Garages
Updated: May 14
6-Unit Apartment Building with Garages

10524 Tierra Santa Drive, Amarillo, TX 79119

$1,180,000
5,982 sqft 1.02 AC lot
6‑unit apartment property with 5,982 square feet on 1.02 acres
Each unit includes 2 bedrooms, 2 bathrooms, and a 1‑car garage
2025 construction currently listed as under construction
Granite countertops, LVP flooring, and all‑electric central air
Covered patio and private gravel‑finished yard for every unit
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20-Unit Townhome Apartment Property
20-Unit Townhome Apartment Property

4500 S Virginia Street, Amarillo, TX 79109

$2,200,000
1,039 sqft

Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.

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See hot listings in Amarillo

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
22-Unit Apartment Building
22-Unit Apartment Building

620 West Amarillo Boulevard, Amarillo, TX 79107

$899,000

Recent work covers plumbing, unit upgrades, and exterior improvements.

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112-Unit Garden-Style Apartment Community
112-Unit Garden-Style Apartment Community

4301 Southwest 51st Avenue, Amarillo, TX 79109

$5,998,000

Recent capital work supports continued leasing and operating updates across the community.

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Multifamily Value-Add Opportunity in Amarillo
Multifamily Value-Add Opportunity in Amarillo

4101 REPUBLIC AVE, Amarillo, TX 79109

Contact for pricing
22,080 sqft

Class C multifamily property with income stream and upside potential.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
6 active listings match your search: Apartment Building for sale in Amarillo, TX. Based on your search, we've also compiled 20 Potential Opportunities for your consideration: 4 properties in nearby cities and 16 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

13-Unit Apartment Building
13-Unit Apartment Building

201 N Mcgee Street, Borger, TX 79007

$695,000
7,380 sqft

Each residence has one bedroom and one bath, with shared laundry available to residents.

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11-Unit Apartment Building
11-Unit Apartment Building

700 S Mcgee Street, Borger, TX 79007

$500,000

Apartment property with laundry and storage areas, plus owner-paid water and gas service.

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Student Housing Near West Texas A&M
Student Housing Near West Texas A&M

47 Valleyview Rd, Canyon, TX 79015

Contact for pricing
40,358 sqft

Multifamily community near West Texas A&M University.

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5-Unit Apartment Building
5-Unit Apartment Building

11074 VERANO Drive, Canyon, TX 79015

$893,300

All five residences are leased and include garages and kitchen appliances.

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Off-Market Properties in Amarillo, TX

Consider similar Off-Market properties in Amarillo, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1214 10th Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1214 10th Ave, Amarillo, TX 79101-3147

Estimated value:
$270,000
2,012 sqft 0.20 AC lot
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1212 10th Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1212 10th Ave, Amarillo, TX 79101-3145

Estimated value:
$305,000
2,568 sqft 0.16 AC lot
View details
1911 Madison St
Multifamily properties

1911 Madison St, Amarillo, TX 79109

Estimated value: by Request
4,440 sqft
View details
601 Nelson St
Multifamily properties

601 Nelson St, Amarillo, TX 79104

Estimated value: by Request
View details
1638 12Th Ave
Multifamily properties

1638 12Th Ave, Amarillo, TX 79107

Estimated value: by Request
View details
1900-1908 12Th Ave
Multifamily properties

1900-1908 12Th Ave, Amarillo, TX 79107

Estimated value: by Request
View details
6990 9Th Ave
Multifamily properties

6990 9Th Ave, Amarillo, TX 79106

Estimated value: by Request
127,340 sqft 3.23 AC lot
View details
1928 12Th Ave
Multifamily properties

1928 12Th Ave, Amarillo, TX 79107

Estimated value: by Request
View details
Bolton St
Multifamily properties

0 Bolton St, Amarillo, TX 79107

Estimated value: by Request
14.43 AC lot
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1501 9Th Ave
Multifamily properties

1501 9Th Ave, Amarillo, TX 79101

Estimated value: by Request
17,100 sqft
View details
SEC Rusk St
Multifamily properties

SEC Rusk St, Amarillo, TX 79107

Estimated value: by Request
10.00 AC lot
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203 15Th Ave
Multifamily properties

203 15Th Ave, Amarillo, TX 79107

Estimated value: by Request
View details
4300 Prairie Ave
Multifamily properties

4300 Prairie Ave, Amarillo, TX 79109

Estimated value: by Request
24,000 sqft
View details
2415 Coulter St
Multifamily properties

2415 Coulter St, Amarillo, TX 79121

Estimated value: by Request
View details
1613 Polk St
Multifamily properties

1613 Polk St, Amarillo, TX 79102

Estimated value: by Request
111,765 sqft
View details
1401 Van Buren St
APARTMENT HOUSE (5+ UNITS)

1401 Van Buren St, Amarillo, TX 79101-4157

Estimated value:
$2,565,000
46,477 sqft 0.52 AC lot
View details

Amarillo, TX Apartment Buildings Market Trends and Statistics

Explore 22 apartment buildings for sale in Amarillo, TX, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 29,101 square feet of properties for sale, with an estimated market value of $10,767,000.

Sale prices for apartment complexes in Amarillo, TX start at $490,000, averaging $2,153,400, and reaching up to $5,998,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 236K
Population Growth (5Y) +2.2%
Median Household Income $66,978
College Educated 14.6%

High-Yield Neighborhoods for Investment

Identify Amarillo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79101 $490K
79107 $899K
79119 $1.2M
79109 $4.1M

Taxes & Financing

Tax Rate (average for all types) 1.60%
Property Tax per SF $29.72 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Amarillo fall within the 100,000+ square foot range.

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