Building Details

Year Renovated 2023

Tenancy Multi

Listing Agency: Madewell Real Estate Company j***@madewellrec.com Show Phone

Listed By: Jacoby Madewell · License #TX

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 11:11PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Madewell Real Estate Company

Investment Insights

Based on property information with market context.

This multifamily property is currently tenant occupied, providing an existing residential income setup. The roof was replaced in 2023, adding a documented recent improvement to the asset.

The property is located at 3421 97th St in Lubbock, Texas. Additional details regarding unit configuration, building size, and tenancy terms are not included.

Key Highlights

• Currently tenant occupied
• Roof replaced in 2023
• Located at 3421 97th St, Lubbock, TX 79423

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Auto Repair Shop Daycare Center Building Supply Kitchen & Bath Showroom Bar & Pub

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

261

Businesses Nearby

Explore this area Business Placement

Demographics for 79423, TX

42,311

Population

18,463

Households

2.3

Avg Household Size

35

Median Age

38%

College-Educated

94%

High-School Grad

64.2 sq mi

ZIP Area

659

Density / Sq Mi

$82,906

Median Household Income

$45,520

Median Earnings

$1,284

Median Rent

$222,500

Median Home Value

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?

Multifamily property - Tenant occupancy and a roof replacement completed in 2023 support the property’s current operating profile.

Where is this multifamily property located?

The property is located at 3421 97th St Lubbock, TX.

What are key features of this property?

This property features: Currently tenant occupied; Roof replaced in 2023; Located at 3421 97th St, Lubbock, TX 79423