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Quadplex on a Corner Lot
For Sale
$145,000

110 BROADWAY Avenue, Groom, TX 79039

MULTI_FAMILY - Groom, TX

Property Size2,600 SF
Price / SF$55.77
Days on Market93

Property Features for 110 BROADWAY Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 7000 - All areas in the 7000's
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5
Directions Take I-40 to Groom,Exit and go to HWY 60 and turn onto Broadway.
Subdivision 7000 - N & E of Potter County
Standard status Active
APN 3884
Size 2,600 SF

Taxes and HOA fees

Tax Description LT 12 BLK 4 OT-GROOM 4 APARTMENTS
Legal Description LT 12 BLK 4 OT-GROOM 4 APARTMENTS

Building Details

Year built 1965
Number of units 4
Building materials Brick Veneer
Roof type Metal
Listing Agency: Belflower Realty Group, LLC
Listed By: Tiffaney Belflower
Added: May 5 Changed: Aug 3 Last Checked: Aug 4 at 11:06PM
MLS# 26-2924

Copyright © 2026 Amarillo 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 quadplex at 110 Broadway Avenue in Groom, TX features four total apartment units within a brick veneer building. Constructed in 1965, the property has a metal roof and a total size of 2,600 SF. The unit mix includes two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units.

All four units are currently occupied, which supports immediate rental operations. The building is situated on a corner lot, providing added site flexibility for tenants and day-to-day access.

This is a straightforward residential income opportunity for buyers seeking a small multi-unit property with a balanced mix of unit sizes in a quiet, small-town setting.

Key Highlights

  • Corner lot quadplex with four total units
  • Two 2‑bedroom, 1‑bath units plus two 1‑bedroom, 1‑bath units
  • All four units currently occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Food Market Wine and Liquor Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 79039, TX

772
Population
370
Households
2.1
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
227.5 sq mi
ZIP Area
3
Density / Sq Mi
$83,068
Median Household Income
$55,568
Median Earnings
$875
Median Rent
$119,000
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?
Quadplex - Four units on a corner lot, including two 2-bedroom/1-bath and two 1-bedroom/1-bath units, currently occupied.
Where is this quadplex located?
The property is located at 110 BROADWAY Avenue Groom, TX.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Corner lot quadplex with four total units; Two 2‑bedroom, 1‑bath units plus two 1‑bedroom, 1‑bath units; All four units currently occupied
More about this property
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