Search
Melrose Apartment Building
For Sale
Contact for pricing
Pending

1807 Avenue R, Lubbock, TX 79401

Mixed residential unit configuration with an on-site office that may be converted back to rentable space.

Property SizeContact for details
Days on Market143

Property Features for 1807 Avenue R

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x one bedroom, 12 x efficiency
Multifamily Units 16
Listing Agency: KW Commercial Lubbock
Listed By: Jeremy Steen · License #TX 685530
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:14PM

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 KW Commercial Lubbock

Investment Insights

Based on property information with market context.

Melrose Apartments is an apartment building at 1807 Avenue R in Lubbock, Texas. The property includes 4 one-bedroom apartments and 12 efficiency apartments, providing a combination of conventional and compact residential layouts.

One efficiency apartment is currently configured as an on-site office and can be returned to residential use. The apartments are described as being in working, rentable condition. The property is located near downtown Lubbock and carries the Melrose Apartments name.

Key Highlights

  • 4 one‑bedroom apartments
  • 12 efficiency apartments
  • One efficiency unit currently used as an on‑site office

Property Analytics

Current Use

Melrose Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Butcher Carpet & Flooring Store Locksmith Cosmetic Store

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,781
Businesses Nearby

Demographics for 79401, TX

8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
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 - Mixed residential unit configuration with an on-site office that may be converted back to rentable space.
Where is this apartment building located?
The property is located at 1807 Avenue R Lubbock, TX.
What are key features of this property?
This property features: 4 one‑bedroom apartments; 12 efficiency apartments; One efficiency unit currently used as an on‑site office
(806) 392-0578 Call to check price and availability
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