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11-Door Multifamily Portfolio
New
For Sale
$1,250,000

1921 Avenue O, Lubbock, TX 79411

The portfolio spans 10 properties, with 10 of its 11 doors rented and generating income.

Property Size1,400 SF
Price / SF$892.86
Days on Market3

Property Features for 1921 Avenue O

General Information

Standard status Active
Size 1,400 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 11

Building Details

Year Built 1933
Buildings 10
Listing Agency: Jerry J. Kitten Broker
Listed By: Jana Lowdermilk · License #0715831
Source: Raftercrossrealty
Added: Sep 24 Last Checked: Sep 26 at 11:57AM

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 multifamily portfolio includes 10 properties with 11 doors in total. Ten doors are rented and producing income.

Key Highlights

  • 10 multifamily properties totaling 11 doors
  • 10 of the 11 doors are rented and generating income

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,360
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The portfolio spans 10 properties, with 10 of its 11 doors rented and generating income.
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: 10 multifamily properties totaling 11 doors; 10 of the 11 doors are rented and generating income
More about this property
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