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Residential Income Portfolio
For Sale
$1,250,000

1921 Avenue O, Lubbock, TX 79411

Portfolio includes 10 properties with 11 total doors, with all but one currently rented.

Days on Market111

Property Features for 1921 Avenue O

General Information

Standard status Active
Property subtype Multi Family

Building Details

Building Size 1,400 SF
Year Built 1933
Listing Agency: Jerry J. Kitten Broker
Listed By: Jana Lowdermilk · License #0715831
Source: Lubbockhomemarket
Added: Apr 13 Changed: Jul 27 Last Checked: Jul 31 at 1:36PM

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 Jerry J. Kitten Broker

Investment Insights

Based on property information with market context.

This for-sale residential income portfolio consists of 10 properties with 11 total doors. According to the public remarks, all units are in great condition, and all but one are currently rented and generating income.

The properties are located at 1921 Avenue O, Lubbock, TX 79411. This offering is being presented as an investor opportunity based on the current occupancy and income generation described in the remarks.

Please note that specific unit mix, individual property details, and rent roll figures are not included in the information provided.

Key Highlights

  • Portfolio includes 10 properties with 11 total doors
  • All but one unit is currently rented
  • 10 properties, 11 doors generate current rental income

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Travel Agency 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.

Location Intelligence

Trade Area within ½ mile

1,961
Businesses Nearby

Demographics for 79411, TX

7,297
Population
3,474
Households
2.1
Avg Household Size
31
Median Age
22%
College-Educated
72%
High-School Grad
1.5 sq mi
ZIP Area
4,865
Density / Sq Mi
$44,866
Median Household Income
$24,493
Median Earnings
$942
Median Rent
$85,000
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?
Multifamily property - Portfolio includes 10 properties with 11 total doors, with all but one currently rented.
Where is this multifamily property located?
The property is located at 1921 Avenue O Lubbock, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Portfolio includes 10 properties with 11 total doors; All but one unit is currently rented; 10 properties, 11 doors generate current rental income
More about this property
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