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Updated Exterior 4-Plex Opportunity
For Sale
$110,000

404 N LINCOLN, Amarillo, TX 79107

MULTI_FAMILY - Amarillo, TX

Property Size3,226 SF
Lot Size0.19 Acres
Price / SF$34.10
Days on Market24

Property Features for 404 N LINCOLN

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 0100 - NW Amarillo in City Limits
Directions Head downtown and exit Buchanan and you turn right on 3rd and left on Lincoln
Subdivision 0110 - Wild Horse Lake
Standard status Active
APN 139859
Size 3,226 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description HOLLAND'S ADDN, LOT 008, BLK 0216, 0.1900 ACRES
Legal Description HOLLAND'S ADDN, LOT 008, BLK 0216, 0.1900 ACRES

Building Details

Year built 1920
Roof type Composition
Listing Agency: Gillispie Land Group, LLC
Listed By: Andrea Daniels
Added: Jul 9 Last Checked: Aug 1 at 4:06AM
MLS# 26-3350

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 property is a 4-plex in Amarillo offered for sale as a renovation project. The exterior has been fully updated with new siding and windows, creating a refreshed exterior base. Inside, the structure has been taken down to the studs, providing a blank slate for a complete custom interior build-out. Electrical and HVAC installation are required to complete the units.

Located at 404 N Lincoln in Potter County, the property is described as having easy access to downtown Amarillo. The site sits on approximately 0.19 acres and totals about 3,226 square feet.

For investors, builders, or owner-operators, this setup lends itself to a tailored reconstruction since the interior framing has already been cleared and the exterior improvements are largely in place. With the remaining work centered on electrical and HVAC and finishing the interiors, the property is well suited for a buyer prepared to manage a full conversion and redevelopment scope within a multifamily configuration.

Key Highlights

  • Versatile investment property built in 1920, currently configured as a 4‑plex
  • Exterior has been fully updated with brand‑new siding and windows
  • Interior taken down to the studs for a complete custom build‑out

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Daycare Center

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby

Demographics for 79107, TX

37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
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?
Quadplex - Four-plex foundation with newly updated siding and windows, offered with interior taken to studs for a custom rebuild.
Where is this quadplex located?
The property is located at 404 N LINCOLN Amarillo, TX.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Versatile investment property built in 1920, currently configured as a 4‑plex; Exterior has been fully updated with brand‑new siding and windows; Interior taken down to the studs for a complete custom build‑out
More about this property
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