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 Market73
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 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1
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
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: Sep 20
Last Checked: Oct 7 at 9:06PM
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.
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.
Property Analytics
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Current Use
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
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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
