Duplex with Detached Two-Car
For Sale
$99,000
411 S Florida Street, Amarillo, TX 79106
MULTI_FAMILY - Amarillo, TX
Property Size1,056 SF
Price / SF$93.75
Days on Market12
Property Features for 411 S Florida Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Bedrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Directions
5th Ave to Florida St. Duplex is on the corner of 5th and Florida
Subdivision
0111 - San Jacinto
Standard status
Active
APN
170622
Size
1,056 SF
Taxes and HOA fees
Tax Description
SAN JACINTO HEIGHTS, BLK 0048, W 74.25FT OF 12
Legal Description
SAN JACINTO HEIGHTS, BLK 0048, W 74.25FT OF 12
Utilities
Cooling system
Electric, Central Air
Building Details
Year built
1927
Number of units
2
Building materials
Siding
Roof type
Composition
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Zoey Shepherd
(806) 359-4000
Added: Jul 22
Changed: Aug 1
Last Checked: Aug 2 at 10:06PM
MLS# 26-5890
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 income-producing duplex features two separate one-bedroom, one-bath units. Unit A includes a fenced-in back yard, while unit B has access to a detached two-car garage. Construction uses siding, with central air and electric cooling for comfort.
The property was built in 1927 and is covered by a composition roof. The subject includes 1,056 square feet of total building area.
Offered as a duplex configuration, the layout is straightforward for an owner seeking a two-unit residential setup with dedicated spaces on each side.
The property was built in 1927 and is covered by a composition roof. The subject includes 1,056 square feet of total building area.
Offered as a duplex configuration, the layout is straightforward for an owner seeking a two-unit residential setup with dedicated spaces on each side.
Key Highlights
- Detached two‑car garage with access from unit B
- Unit A includes a fenced‑in back yard
- Two separate one‑bedroom, one‑bath units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.0k | $11.40 |
| − Vacancy | −$662 | −$0.63 |
| EGI | $11.4k | $10.77 |
| − OpEx | −$3.4k | −$3.23 |
| NOI | $8.0k | $7.54 |
1,056 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$113.8K
$99.5K – $132.7K
NOI $7,963 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$100.1K
$87.6K – $116.7K
NOI $7,004 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$235.8K
$206.3K – $275.1K
NOI $16,504 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each side offers a one-bedroom, one-bath layout, with unit B accessing a detached two-car garage.
Where is this duplex located?
The property is located at 411 S Florida Street Amarillo, TX.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Detached two‑car garage with access from unit B; Unit A includes a fenced‑in back yard; Two separate one‑bedroom, one‑bath units
