Duplex with Separate Living
New
For Sale
$310,000
2217 Peach Tree Street, Amarillo, TX 79109
MULTI_FAMILY - Amarillo, TX
Property Size3,038 SF
Price / SF$102.04
Days on Market4
Property Features for 2217 Peach Tree Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0200 - SW Amarillo in City Limits
Directions
From 26th and Georgia, East on 26th to Lenwood Dr, North on Lenwood to Peach Tree St. 2217 on the right.
Subdivision
0201 - Wolflin
Standard status
Active
APN
198687
Size
3,038 SF
Taxes and HOA fees
Tax Description
WOLFLIN PARK # 5, BLK 0069, S 65FT OF 29
Legal Description
WOLFLIN PARK # 5, BLK 0069, S 65FT OF 29
Building Details
Year built
1951
Listing Agency:
ERA Courtyard Real Estate
(806) 353-2711
Listed By:
Lesley Munsell
(806) 353-2711
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 31 at 7:06PM
MLS# 26-6071
Copyright © 2026 Amarillo 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 duplex-style property offers five bedrooms and four bathrooms across two separate living spaces under one roof. The front unit features two bedrooms and one bathroom, while the back unit has three bedrooms and three bathrooms. Each side includes its own single-car garage, living area, kitchen space, and yard space.
The configuration can also be used as one larger residence by opening the door between the properties, creating a single combined layout. The home is located at 2217 Peach Tree Street in Amarillo, Texas 79109, in Potter County.
With the ability to keep the units separate or combine them, the property supports multiple residential living arrangements while maintaining distinct garage, kitchen, and outdoor space for each side.
The configuration can also be used as one larger residence by opening the door between the properties, creating a single combined layout. The home is located at 2217 Peach Tree Street in Amarillo, Texas 79109, in Potter County.
With the ability to keep the units separate or combine them, the property supports multiple residential living arrangements while maintaining distinct garage, kitchen, and outdoor space for each side.
Key Highlights
- Built in 1951, this 5‑bedroom, 4‑bath home offers multiple living spaces under one roof.
- Property can be separated into two units with separate single‑car garages, living areas, kitchens, and yard space.
- Front portion: 2 bedrooms, 1 bathroom, plus single‑car garage, living, kitchen, and yard space.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $11.40 |
| − Vacancy | −$1.9k | −$0.63 |
| EGI | $32.7k | $10.77 |
| − OpEx | −$9.8k | −$3.23 |
| NOI | $22.9k | $7.54 |
3,038 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$327.3K
$286.4K – $381.8K
NOI $22,910 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$287.8K
$251.9K – $335.8K
NOI $20,149 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$678.3K
$593.5K – $791.3K
NOI $47,480 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 79109, TX
42,509
Population
20,308
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,127
Density / Sq Mi
$68,579
Median Household Income
$41,410
Median Earnings
$945
Median Rent
$217,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two attached units each include a single-car garage, kitchens, living space, and yard areas for flexible living options.
Where is this duplex located?
The property is located at 2217 Peach Tree Street Amarillo, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Built in 1951, this 5‑bedroom, 4‑bath home offers multiple living spaces under one roof.; Property can be separated into two units with separate single‑car garages, living areas, kitchens, and yard space.; Front portion: 2 bedrooms, 1 bathroom, plus single‑car garage, living, kitchen, and yard space.