5-Unit Multifamily
3508 E Colgate Street, Lubbock, TX 79403
For Sale
New
$435,000
Residential Income, Lubbock, TX
Property Size5,406 SF
Lot Size0.17 Acres
Price / SF$80.47
Days on Market2
Property Features for 3508 E Colgate Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Amenities
carports
Building Details
Year built
Building materials
Roof type
Listing Agency:
Brick & Loft Realty
(806) 999-0722
Listed By:
Collen Melton · License TX #0774198
(806) 999-5353
Added: Nov 12
Last Checked: Nov 13 at 3:06AM
MLS# 202615258
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.
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Investment Insights
Based on property information with market context.
Built in 2008, this 5,406-square-foot multifamily property contains five occupied units on a 0.17-acre parcel. Vinyl siding and composition roofing are among the building’s exterior features. Interior layouts are open, with tile or vinyl flooring and, in some bedrooms, carpet. Central heating and central air serve the property; ceiling fans are also present. Carports provide on-site parking.
Key Highlights
- All 5 of 5 units are occupied
- 5,406 square feet on a 0.17‑acre parcel
- Built in 2008; vinyl siding and composition roof
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
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Business Placement
Demographics for 79403, TX
15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Lubbock, TX
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - All five residences are occupied, with professional management by True Asset Property Management.
Where is this multifamily property located?
The property is located at 3508 E Colgate Street Lubbock, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: All 5 of 5 units are occupied; 5,406 square feet on a 0.17‑acre parcel; Built in 2008; vinyl siding and composition roof
