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4-Unit Apartment Property
For Sale
$200,000
Pending

1102 42nd Street, Lubbock, TX 79412

Vacant residential units offer galley kitchens, spacious living rooms, and flexibility for new leasing arrangements.

Property Size2,296 SF
Days on Market619

Property Features for 1102 42nd Street

General Information

Standard status Pending
Size 2,296 SF
Property subtype Multi Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1969
Listing Agency: RE/MAX Lubbock
Listed By: Scott Toman · License #0468252
Source: Exitrealty
Added: Dec 21, 2024 Changed: Aug 30 Last Checked: Aug 31 at 4:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lubbock

Investment Insights

Based on property information with market context.

This 4-unit residential property contains 2,296 square feet and was built in 1969. Each unit is described with one bedroom, one bathroom, a galley kitchen, and a spacious living room. The units are vacant and have been cleaned, allowing a new owner to establish tenancy and operating arrangements.

Located at 1102 42nd Street in Lubbock, Texas, the property provides a compact multifamily configuration with four separately described residential units. Its existing layout and vacant status offer a straightforward starting point for repositioning the property within an owner’s rental portfolio.

Key Highlights

  • 4‑unit residential property with 2,296 square feet
  • Each unit includes 1 bedroom and 1 bathroom
  • Galley kitchens and spacious living rooms

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Hair Salon

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby

Demographics for 79412, TX

14,834
Population
6,480
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
4,636
Density / Sq Mi
$47,306
Median Household Income
$29,233
Median Earnings
$964
Median Rent
$117,200
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 - Vacant residential units offer galley kitchens, spacious living rooms, and flexibility for new leasing arrangements.
Where is this quadplex located?
The property is located at 1102 42nd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 4‑unit residential property with 2,296 square feet; Each unit includes 1 bedroom and 1 bathroom; Galley kitchens and spacious living rooms
More about this property
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