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    Leased Duplex with Two 2BR/1BA Units Title is generated by Realmo AI

    2410 33rd Street, Lubbock, TX 79411

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    New
    For Sale
    $230,000

    MULTI_FAMILY - Other - Lubbock, TX

    Property size:
    2,291 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $100/SF
    Added:
    Jun 4, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 9 at 11:06 am

    Property Features for 2410 33rd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
    Parking features
    Garage, Driveway, Off Street
    Fencing
    Fenced
    Standard status
    Active
    APN
    R115709
    Size
    2,291 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    MASSEY HTS BLK 6 L 22
    Tax Annual Amount
    3824

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Separate Meters, Multi Units, Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1964
    Number of units
    2
    Building materials
    Brick Veneer
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    Larry Leivas
    Larry Leivas

    Listing agent Larry Leivas License #0616156

    Listing office Coldwell Banker Trusted Adviso 4924 S Loop 289, Lubbock, TX

    Listing date Jun 4, 2026

    MLS# 202607593 Listing URL

    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.

    HighLights

    • Duplex with 2,291 sq ft total living space
    • Each side offers 2 bedrooms and 1 full bath
    • Both units are currently leased
    • Brick veneer construction with composition roof
    • Central heating and central air; ceiling fans; separate meters
    • Parking includes garage and off‑street driveway; fenced property; public water and public sewer

    Overview

    This well-maintained duplex offers a total of 2,291 square feet of residential living space, configured as two separate sides. Each side features 2 bedrooms and 1 full bathroom, creating straightforward, repeatable layouts for tenant occupancy. Both units are currently leased, supporting a turnkey setup for an owner who wants to have tenants in place from the start.

    The property is located at 2410 33rd Street in Lubbock, TX 79411. With a lot size of 0.22 acres, the site provides a compact setting appropriate for a duplex operator or investor seeking a manageable residential income property.

    For buyers, this duplex can fit an investment strategy focused on owner-occupied or income-producing residential real estate, since both sides are already under lease. The two 2-bedroom, 1-bath units may appeal to tenants looking for a consistent floor plan, while the leased status can simplify early-stage operations after closing. If you’re entering the multifamily market or adding to an existing rental portfolio, this property’s duplex configuration and current tenancy are practical features to consider.

    Local 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 $31.6k $13.80
    − Vacancy −$2.1k −$0.90
    EGI $29.6k $12.90
    − OpEx −$8.9k −$3.87
    NOI $20.7k $9.03
    2,291 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $295.6K
    $258.7K – $344.9K (±1% cap)
    NOI $20,693 @ 7.0% cap · market cap 9.00%
    Second Best
    Apartment 5plus
    $265.4K
    $232.3K – $309.7K (±1% cap)
    NOI $18,580 @ 7.0% cap · market cap 8.08%
    Theoretical Best
    Office A
    $577.6K
    $505.4K – $673.8K (±1% cap)
    NOI $40,430 @ 7.0% cap · market cap 17.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.868381
    Latitude
    33.564579

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with two separately leased 2-bedroom, 1-bath apartments, offering income from day one.
    Where is this duplex located?
    The property is located at 2410 33rd Street Lubbock, TX.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: Duplex with 2,291 sq ft total living space; Each side offers 2 bedrooms and 1 full bath; Both units are currently leased
    More about this property
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