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176-Unit Garden-Style Apartment Portfolio
For Sale
Contact for pricing
Pending

1613 S Polk St, Amarillo, TX 79102

Eight garden-style properties offer one- and two-bedroom residences with equipped kitchens and electric ranges.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market143

Property Features for 1613 S Polk St

General Information

Standard status Pending
Lot size 5.00 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 176

Amenities

vinyl plank hardwood flooring
washer and dryer hookups
electric ranges/ovens

Building Details

Buildings 8
Construction garden-style
Listing Agency: Colliers - Dallas, Texas
Listed By: Todd Franks · License #TX 479935
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:51AM

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 Colliers - Dallas, Texas

Investment Insights

Based on property information with market context.

This multifamily portfolio includes 176 units across eight garden-style apartment properties occupying 5 acres. The properties were built between 1926 and 1980 and offer a mix of one- and two-bedroom floor plans. Interior features include vinyl plank flooring, black or white appliances, and fully equipped kitchens with electric ranges and ovens. Washer and dryer hookups are available in select units.

The portfolio includes six properties in Canyon and two in Amarillo, including the property at 1613 S Polk St in Amarillo. Together, the assets provide a range of apartment configurations within an established collection of garden-style communities.

Key Highlights

  • 176 units across 8 garden‑style apartment properties
  • Portfolio spans 5 acres across six Canyon properties and two in Amarillo
  • One- and two‑bedroom apartment mix

Property Analytics

Current Use

Maddox Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage Dental Office

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

176
Residential units

Location Intelligence

Trade Area within ½ mile

130
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight garden-style properties offer one- and two-bedroom residences with equipped kitchens and electric ranges.
Where is this apartment building located?
The property is located at 1613 S Polk St Amarillo, TX.
What are key features of this property?
This property features: 176 units across 8 garden‑style apartment properties; Portfolio spans 5 acres across six Canyon properties and two in Amarillo; One- and two‑bedroom apartment mix
More about this property
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