Value-Add 12-Unit Apartment
1708 18th Street Lubbock, TX 79401
1708 18th Street, Lubbock, TX, 79401
$299,000
For Sale
$299,000
MULTI_FAMILY - Lubbock, TX
Property Size7,520 SF
Lot Size0.22 Acres
Price / SF$39.76
Days on Market47
Property Features for 1708 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bathroom 9, Bedroom 2, Bathroom 7, Bedroom 12, Bathroom 2, Bathroom 11, Bedroom 8, Bedroom 11, Bathroom 5, Bedroom 3, Bathroom 1, Bedroom 9, Bathroom 4, Bathroom 6, Bedroom 7, Bathroom 3, Bedroom 10, Bedroom 5, Bathroom 8, Bathroom 10, Bedroom 4, Bathroom 12, Bedroom 6, Bedroom 1
- Fencing
- Chain Link
- Standard status
- Active
- APN
- R135683
- Size
- 7,520 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- Overton Blk 6 E/2 Of L 6-7 & E/2 Of S22.5'Of L 8
- Tax Annual Amount
- 3995
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Multi Units, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1944
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Southern Magnolia Real Estate
(806) 773-4092
3204 140th St, Lubbock, TX
Listed by
Tomas Rodriguez · License #0787075
(361) 816-3661
Added: Jun 2 Checked: Jul 18 at 6:06 am
MLS# 202607478
Listing URL
Copyright © 2026 Lubbock 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.
Value-add 12-unit multi-family property presented as a four-building package. The arrangement includes 1708 Front (4 units), 1708 (2 units), 1712 Front (4 units), and 1712 Rear (2 units). Each unit is equipped with its own electric meter, while water is metered together across the property.
Located at 1708 18th Street in Lubbock, the community is described as just minutes from Texas Tech University and the medical district. The property also offers walkability to various restaurants and parks, supporting tenant convenience.
This configuration is likely to appeal to investors looking for a value-add opportunity with practical utility separation for electric billing. With individual electric meters already in place, operators may find the asset easier to manage from an expense-allocation standpoint, while shared water metering remains a factor to plan for. Nearby apartments are being marketed for rent between $600 and $700 per month, which may provide a reference point for underwriting. The seller is reviewing all offers on Friday, June 12th.
Located at 1708 18th Street in Lubbock, the community is described as just minutes from Texas Tech University and the medical district. The property also offers walkability to various restaurants and parks, supporting tenant convenience.
This configuration is likely to appeal to investors looking for a value-add opportunity with practical utility separation for electric billing. With individual electric meters already in place, operators may find the asset easier to manage from an expense-allocation standpoint, while shared water metering remains a factor to plan for. Nearby apartments are being marketed for rent between $600 and $700 per month, which may provide a reference point for underwriting. The seller is reviewing all offers on Friday, June 12th.
Key Highlights
- 12‑unit multi‑family package with 4 buildings: 1708 Front (4 units), 1708 (2 units), 1712 Front (4 units), and 1712 Rear (2 units)
- Each unit has its own electric meter; water is metered together
- Public utilities include public water and public sewer
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Four-building multi-family package near Texas Tech and the medical district, offering individual electric metering per unit.
Where is this apartment building located?
The property is located at 1708 18th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 12‑unit multi‑family package with 4 buildings: 1708 Front (4 units), 1708 (2 units), 1712 Front (4 units), and 1712 Rear (2 units); Each unit has its own electric meter; water is metered together; Public utilities include public water and public sewer
