Triplex With Occupied
For Sale
$235,000
1614 S Hayden Street, Amarillo, TX 79102
MultiFamily, Amarillo, TX
Property Size1,372 SF
Price / SF$171.28
Days on Market97
Property Features for 1614 S Hayden Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3
Directions
From I-40 Exit Washington Turn West on 17th and North on South Hayden to property
Subdivision
0101 - Bivins
Standard status
Active
APN
109587
Size
1,372 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
HUGHES ADDN, BLK 0123, S 7.68FT OF 7 & ALL OF 8
Legal Description
HUGHES ADDN, BLK 0123, S 7.68FT OF 7 & ALL OF 8
Building Details
Year built
1926
Number of units
3
Listing Agency:
RockOne Realty, LLC
(806) 599-9900
Listed By:
Tamara Lemaster · License #710737
(806) 640-2537
Added: Jul 27
Changed: Oct 28
Last Checked: Oct 31 at 8:06PM
MLS# 26-6023
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1614 S Hayden Street in Amarillo, Texas, this triplex contains 1372 square feet and was built in 1926. The configuration includes a 2-bedroom, 1-bath apartment, a 1-bedroom, 1-bath apartment, and an efficiency apartment.
All three apartments are currently occupied under month-to-month leases. The seller reports a newer roof, and the property is situated in Amarillo’s Bivins neighborhood.
All three apartments are currently occupied under month-to-month leases. The seller reports a newer roof, and the property is situated in Amarillo’s Bivins neighborhood.
Key Highlights
- Three‑unit triplex totaling 1372 square feet
- Unit mix includes 2‑bedroom, 1‑bath; 1‑bedroom, 1‑bath; and efficiency apartments
- All three units are occupied on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,346
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,920
$206.9K
Cap Rate 7%
$147,800
$147.8K
Cap Rate 9%
$114,956
$115.0K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$15.6K $11.40/SF
− Vacancy
−$860 −$0.63/SF
EGI
$14.8K $10.77/SF
− OpEx
−$4.4K −$3.23/SF
NOI
$10.3K $7.54/SF
Area
Amarillo, TX
Vacancy
5.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,920
Cap Rate 7%
$147,800
Cap Rate 9%
$114,956
Alternative Uses
Best Use
Multifamily LT 5
$147.8K
$129.3K – $172.4K
NOI $10,346 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$130.0K
$113.7K – $151.7K
NOI $9,099 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$306.3K
$268.0K – $357.4K
NOI $21,443 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Triplex - Three separate apartments are occupied under month-to-month leases.
Where is this triplex located?
The property is located at 1614 S Hayden Street Amarillo, TX.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Three‑unit triplex totaling 1372 square feet; Unit mix includes 2‑bedroom, 1‑bath; 1‑bedroom, 1‑bath; and efficiency apartments; All three units are occupied on month‑to‑month leases
