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Remodeled Duplex Investment Opportunity

403 North Florida Street Amarillo, TX 79106

403 North Florida Street, Amarillo, TX, 79106

$92,500

For Sale

$92,500

Remodeled San Jacinto duplex, ideal for construction worker housing.

Property Size412 SF

Price / SF$224.51

AddedSep 28, 2025

Days on Market291

Last RefreshJul 13 at 11:03 am

Property Features for 403 North Florida Street

General Information

Standard status: Active
Size: 412 SF
Property subtype: MultiFamily

Building Details

Year Built: 1920

Listing office Keller Williams Realty Amarillo

Listing date Sep 28, 2025

Source Compass

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 Keller Williams Realty Amarillo

Investment Insights

Based on property information with market context.

This remodeled duplex in San Jacinto presents an investment opportunity. The property features two units, each containing one bedroom and one bathroom. The property size is 412 square feet. This duplex is suitable for housing temporary construction workers.

Key Highlights

Remodeled duplex, ready for immediate rental income.
Excellent rental opportunity for temporary construction workers.
One bedroom and one bathroom on each side of the duplex.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$4.7k	$11.40
− Vacancy	−$258	−$0.63
EGI	$4.4k	$10.77
− OpEx	−$1.3k	−$3.23
NOI	$3.1k	$7.54

412 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$44.4K

$38.8K – $51.8K (±1% cap)

NOI $3,107 @ 7.0% cap · market cap 3.36%

Second Best

Apartment 5plus

$39.0K

$34.2K – $45.5K (±1% cap)

NOI $2,732 @ 7.0% cap · market cap 2.95%

Theoretical Best

Office A

$92.0K

$80.5K – $107.3K (±1% cap)

NOI $6,439 @ 7.0% cap · market cap 6.96%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
TX
Amarillo
79106
403 North Florida Street

What type of property is this?

Duplex - Remodeled San Jacinto duplex, ideal for construction worker housing.

Where is this duplex located?

The property is located at 403 North Florida Street Amarillo, TX.

What is the asking price?

The asking price for this property is $92,500.

What are key features of this property?

This property features: Remodeled duplex, ready for immediate rental income.; Excellent rental opportunity for temporary construction workers.; One bedroom and one bathroom on each side of the duplex.