Search
Duplex with Separate Living Areas
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
Listed By: Lesley Munsell
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.

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 (±1% cap)
NOI $22,910 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$287.8K
$251.9K – $335.8K (±1% cap)
NOI $20,149 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$678.3K
$593.5K – $791.3K (±1% cap)
NOI $47,480 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Electrical Service Locksmith Catering Service Veterinary Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message