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Updated Duplex Investment Property
New
For Sale
$343,000

1903 15th St, Lubbock, TX 79401

Updated duplex with central heating and air, off-street parking, and two-bedroom units with two-and-a-half baths each side.

Property Size4,006 SF
Price / SF$85.62
Days on Market4

Property Features for 1903 15th St

General Information

Standard status Active
Size 4,006 SF
Property subtype Multi-Family

Additional Details

Gross Income $29,400

Amenities

central heating and air

Building Details

Year Built 2012
Tenancy Multi
Listing Agency: The 32:18 Management Group
Listed By: Chris Carter · License #0817825
Source: Raftercrossrealty
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 9:15AM

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 The 32:18 Management Group

Investment Insights

Based on property information with market context.

Updated duplex at 1903 15th St in Lubbock, TX, built in 2012. Each side offers two bedrooms and two-and-a-half bathrooms, for a total of four bedrooms and five bathrooms, with central heating and air and off-street parking. Tenants pay their own utilities.

The property is positioned near Texas Tech, supporting an income-focused residential setup.

This duplex is offered as part of a larger real estate portfolio and is not being sold individually.

Key Highlights

  • Built in 2012
  • Two‑bedroom, two‑and‑a‑half‑bath layout on each side
  • Total of four bedrooms and five bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,361
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
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with central heating and air, off-street parking, and two-bedroom units with two-and-a-half baths each side.
Where is this duplex located?
The property is located at 1903 15th St Lubbock, TX.
What is the asking price?
The asking price for this property is $343,000.
What are key features of this property?
This property features: Built in 2012; Two‑bedroom, two‑and‑a‑half‑bath layout on each side; Total of four bedrooms and five bathrooms
More about this property
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