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

2122 21st Street, Lubbock, TX 79411

Residential Income, Lubbock, TX

Property Size2,000 SF
Lot Size0.16 Acres
Price / SF$77.50
Days on Market2

Property Features for 2122 21st Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking features Off Street
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 2
Standard status Active
APN R116797
Size 2,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description McCrummen 2nd Blk 53 L 14
Tax Annual Amount 2541
Legal Description McCrummen 2nd Blk 53 L 14

Utilities

Cooling system Multi Units

Building Details

Year built 1980
Number of units 3
Listing Agency: Sutherland, REALTORS
Listed By: Jordan Sutherland · License #0685780
Added: Sep 11 Last Checked: Sep 12 at 1:06AM
MLS# 202612680

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,000-square-foot triplex contains three separate units: two configured with two bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. The property was built in 1980, and all units have received several recent upgrades. Cooling is provided through multiple systems, and off-street parking is available.

Set on a 0.16-acre parcel at 2122 21st Street in Lubbock, the property is located just blocks from Texas Tech University. The unit mix combines larger two-bedroom layouts with a one-bedroom option, providing a range of residential configurations within one multifamily asset.

Key Highlights

  • Three‑unit triplex with two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit
  • 2,000 square feet of total property size
  • All units recently underwent several upgrades

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
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?
Triplex - Three-unit residential income property with varied layouts, off-street parking, and proximity to Texas Tech University.
Where is this triplex located?
The property is located at 2122 21st Street 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 two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit; 2,000 square feet of total property size; All units recently underwent several upgrades
More about this property
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