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Gutted Duplex Property
New
For Sale
$59,900

1606 S LINCOLN Street, Amarillo, TX 79102

MultiFamily, Amarillo, TX

Property Size1,230 SF
Price / SF$48.70
Days on Market2

Property Features for 1606 S LINCOLN Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 0100 - NW Amarillo in City Limits
Directions From downtown Amarillo, head east on SE 6th Avenue. Turn right onto S Lincoln Street and continue south to 1606 S Lincoln Street, which will be on your right.
Subdivision 0100 - Plemons
Standard status Active
APN 161346
Size 1,230 SF

Taxes and HOA fees

Tax Description PLEMONS, BLK 0231, 50FT S X 150FT W BEG 150FT S OF NE COR OF BLK
Legal Description PLEMONS, BLK 0231, 50FT S X 150FT W BEG 150FT S OF NE COR OF BLK

Building Details

Year built 1925
Listing Agency: Keller Williams Realty Amarillo
Listed By: Mark Roberson · License #0561898
Added: Sep 22 Last Checked: Sep 23 at 6:06PM
MLS# 26-7588

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 duplex contains 1,230 square feet and has been gutted, leaving the interior ready for renovation. The property is offered in its current condition and was built in 1925.

Located at 1606 S Lincoln Street in Amarillo, Texas, the property provides a two-unit residential configuration for an ownership plan centered on redevelopment and customization.

Key Highlights

  • Duplex configuration with two residential units
  • 1,230 square feet of property area
  • Interior has been gutted for renovation

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Carpet & Flooring Store Locksmith Catering Service Acupuncture

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

694
Businesses Nearby

Demographics for 79102, TX

9,252
Population
4,695
Households
2
Avg Household Size
35
Median Age
20%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
3,427
Density / Sq Mi
$48,551
Median Household Income
$34,911
Median Earnings
$891
Median Rent
$146,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-unit residential property offered in existing condition for renovation and customization.
Where is this duplex located?
The property is located at 1606 S LINCOLN Street Amarillo, TX.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Duplex configuration with two residential units; 1,230 square feet of property area; Interior has been gutted for renovation
More about this property
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