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Updated Three-Unit Triplex
New
For Sale
$155,000

2122 21st St, Lubbock, TX 79411

Unit mix includes two two-bedroom apartments and one one-bedroom apartment, each with one bathroom.

Property Size2,000 SF
Price / SF$77.50
Days on Market3

Property Features for 2122 21st St

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-Family

Financials

Asking Price $155,000
Gross Income $27,000
Average Monthly Rent $750

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1980
Listing Agency: Exp Realty LLC
Listed By: Steadfast Realty
Source: Steadfast-realty
Added: Sep 13 Changed: Sep 14 Last Checked: Sep 15 at 8:19AM

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 Exp Realty LLC

Investment Insights

Based on property information with market context.

This 2,000-square-foot triplex contains three residential units: two apartments with two bedrooms and one bathroom each, plus a one-bedroom, one-bathroom apartment. The units have received multiple recent improvements, adding updated elements across the property. Constructed in 1980, the building provides a defined multifamily configuration at 2122 21st St in Lubbock.

The property is located just blocks from Texas Tech University, placing the triplex near a major area institution. Its three-unit layout and varied bedroom mix support a straightforward residential income property profile.

Key Highlights

  • Three‑unit triplex with 2,000 square feet
  • Two 2‑bedroom, 1‑bathroom units
  • One 1‑bedroom, 1‑bathroom unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

977
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
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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?
Triplex - Unit mix includes two two-bedroom apartments and one one-bedroom apartment, each with one bathroom.
Where is this triplex located?
The property is located at 2122 21st St Lubbock, TX.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Three‑unit triplex with 2,000 square feet; Two 2‑bedroom, 1‑bathroom units; One 1‑bedroom, 1‑bathroom unit
More about this property
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