Duplex Near High
4108 Trenton Ave, Lubbock, TX 79407
For Sale
$429,000
Two-unit property positioned near Frenship Memorial High School, shopping, and restaurants.
Property Size3,000 SF
Price / SF$143
Days on Market50
Property Features for 4108 Trenton Ave
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Tenancy
Listing Agency:
Tapp Realty Group, eXp Realty
Listed By:
Lacy Romero · License #0629956
(806) 777-7982
Source:
Raftercrossrealty
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 7 at 5:17PM
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 Tapp Realty Group, eXp Realty
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Investment Insights
Based on property information with market context.
This duplex contains approximately 3,000 square feet and is identified with a 2026 year built. The property’s two-unit configuration provides separate residential sides within one investment asset.
The address is within walking distance of Frenship Memorial High School and near shopping and restaurants, placing everyday services and a major nearby school within the surrounding area.
The address is within walking distance of Frenship Memorial High School and near shopping and restaurants, placing everyday services and a major nearby school within the surrounding area.
Key Highlights
- Duplex configuration with two residential sides
- Approximately 3,000 square feet
- Year built: 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,096
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,920
$541.9K
Cap Rate 7%
$387,086
$387.1K
Cap Rate 9%
$301,067
$301.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$41.4K $13.80/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$38.7K $12.90/SF
− OpEx
−$11.6K −$3.87/SF
NOI
$27.1K $9.03/SF
Area
Lubbock, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,920
Cap Rate 7%
$387,086
Cap Rate 9%
$301,067
Alternative Uses
Best Use
Multifamily LT 5
$387.1K
$338.7K – $451.6K
NOI $27,096 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$347.6K
$304.1K – $405.5K
NOI $24,330 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$756.3K
$661.8K – $882.4K
NOI $52,942 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
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Business Placement
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lubbock, TX
Properties on Market for Duplexes in Lubbock
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property positioned near Frenship Memorial High School, shopping, and restaurants.
Where is this duplex located?
The property is located at 4108 Trenton Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Duplex configuration with two residential sides; Approximately 3,000 square feet; Year built: 2026
