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Triplex with Vacant Unit

2201 23rd Street, Lubbock, TX 79411

For Sale
$173,500

Residential Income, Lubbock, TX

Property Size1,976 SF
Lot Size0.20 Acres
Price / SF$87.80
Days on Market50

Property Features for 2201 23rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3
Parking features Off Street
Elementary school Wilson
Middle school Hutchinson
High school Lubbock
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 2
Standard status Active
APN R119878
Size 1,976 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description McCrummen 2nd Blk 61 L 1 & E12.5'Of 2
Tax Annual Amount 2779
Legal Description McCrummen 2nd Blk 61 L 1 & E12.5'Of 2

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1947
Floors in Building 2
Building materials Wood Siding
Listing Agency: Sutherland, REALTORS
Listed By: Madison Sutherland · License TX #0853397
Added: Sep 22 Changed: Nov 6 Last Checked: Nov 10 at 8:06PM
MLS# 202613082

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,976-square-foot triplex contains three units, with two occupied and one vacant. The property was built in 1947 and has wood siding, wall/window cooling, and off-street parking. The site encompasses 0.2 acres in Lubbock, Texas.

Key Highlights

  • Three‑unit property with two occupied units and one vacant unit
  • 1,976 square feet of building area
  • 0.2‑acre lot in Lubbock

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

721
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

Average Price Trend$/SF for Triplexes in Lubbock, TX

$109 Jul
$146 Aug
$132 Sep
$135 Oct

Properties on Market for Triplexes in Lubbock

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two units are occupied, while the third is currently available for occupancy.
Where is this triplex located?
The property is located at 2201 23rd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $173,500.
What are key features of this property?
This property features: Three‑unit property with two occupied units and one vacant unit; 1,976 square feet of building area; 0.2‑acre lot in Lubbock
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