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4-Unit Multifamily Property
New
For Sale
$110,000

404 N LINCOLN Street, Amarillo, TX 79107

MultiFamily, Amarillo, TX

Property Size3,226 SF
Lot Size0.19 Acres
Price / SF$34.10
Days on Market2

Property Features for 404 N LINCOLN Street

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
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 · License #0644386
Added: Oct 3 Last Checked: Oct 4 at 9:06PM
MLS# 26-7894

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 four-unit multifamily property contains 3,226 square feet on a 0.19-acre parcel. Built in 1920, the building has composition roofing, new siding, and new windows. The interior has been stripped to the studs and requires a full build-out, including electrical and HVAC installation.

The property is at 404 N Lincoln Street in Amarillo, Texas, with access to downtown. Exterior improvements are complete, while substantial interior work remains.

Key Highlights

  • Four‑unit multifamily building with 3,226 square feet
  • 0.19‑acre parcel in Amarillo, Texas
  • New siding and windows; interior is stripped to the studs

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

892
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Interior reconstruction remains, while new siding and windows provide a completed exterior update.
Where is this quadplex located?
The property is located at 404 N LINCOLN Street 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: Four‑unit multifamily building with 3,226 square feet; 0.19‑acre parcel in Amarillo, Texas; New siding and windows; interior is stripped to the studs
More about this property
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