Search
5-Unit Apartment Building with Carports
New
For Sale
$435,000

1801 38th St, Lubbock, TX 79412

Vinyl-sided apartment property with open-plan interiors, varied flooring, professional management, and four occupied units.

Property Size5,443 SF
Price / SF$79.92
Days on Market3

Property Features for 1801 38th St

General Information

Standard status Active
Size 5,443 SF
Property subtype Multi-Family
Occupancy 80%

Additional Details

Multifamily Units 5

Building Details

Year Built 2006
Listing Agency: Brick & Loft Realty
Listed By: Travis Turner · License #0660475
Source: Raftercrossrealty
Added: Sep 1 Last Checked: Sep 2 at 7:20PM

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 Brick & Loft Realty

Investment Insights

Based on property information with market context.

This 5-unit apartment property was built in 2006 and contains 5,443 square feet. The buildings feature vinyl siding, carports, and open-plan layouts. Interior finishes include tile or vinyl flooring, with carpet in the bedrooms of some units.

Located at 1801 38th St in Lubbock, the property is professionally managed by True Asset Property Management. Four of the five units are occupied, providing an established rental configuration for a multifamily owner.

Key Highlights

  • 5‑unit apartment property totaling 5,443 square feet
  • Built in 2006 with vinyl siding
  • Carports included with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

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

5
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 79412, TX

14,834
Population
6,480
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
4,636
Density / Sq Mi
$47,306
Median Household Income
$29,233
Median Earnings
$964
Median Rent
$117,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Vinyl-sided apartment property with open-plan interiors, varied flooring, professional management, and four occupied units.
Where is this apartment building located?
The property is located at 1801 38th St Lubbock, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 5‑unit apartment property totaling 5,443 square feet; Built in 2006 with vinyl siding; Carports included with the property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message