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New Amarillo Multifamily Investment Opportunity

4150 Clive Avenue, Amarillo, TX 79118

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For Sale

$650,000

MULTI_FAMILY - Amarillo, TX

Property size:

4,992 SF

Lot size:

1.02 Acres

Price / SF:

$130/SF

HighLights

Two duplexes on one lot, totaling 4 units
All 4 units planned with 3 bedrooms and 2 bathrooms
Each unit includes a 1‑car garage
New construction with YearBuilt listed as 2024
Can be built in 60–90 days
CISD location

We can help!

Contact an agent

Zoey Shepherd

Learn more

For Sale

$650,000

MULTI_FAMILY - Amarillo, TX

Property size:

4,992 SF

Lot size:

1.02 Acres

Price / SF:

$130/SF

Added:: Sep 12, 2025
Days on Market:: 299
Last Refresh:: Jul 7 at 12:06 pm

Property Features for 4150 Clive Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 12
Rooms: Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 8, Bedroom 6, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 7, Bathroom 7, Bedroom 8, Bedroom 12, Bedroom 11
Standard status: Active
Size: 4,992 SF
Lot size: 1.02 Acres

Taxes and HOA fees

Tax Description: Lot 11 Block 6, Storybook Estates

Utilities

Cooling system: Electric

Building Details

Year built: 2024
Number of units: 4

We can help!

Contact an agent

Zoey Shepherd

Listing agent Zoey Shepherd

Listing office Keller Williams Realty Amarillo 3955 S Soncy Rd, Amarillo, TX

Listing date Sep 12, 2025

MLS# 25-7971 Listing URL

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.

HighLights

Two duplexes on one lot, totaling 4 units
All 4 units planned with 3 bedrooms and 2 bathrooms
Each unit includes a 1‑car garage
New construction with YearBuilt listed as 2024
Can be built in 60–90 days
CISD location

Overview

This property features two duplexes situated on a single 1.02-acre lot within a new subdivision. Each of the four units includes 3 bedrooms, 2 bathrooms, and a 1-car garage. Located in Amarillo, Texas, within the 79118 postal code and Randall County, this property offers an investment opportunity in a residential income property. The property size totals 4,992 square feet. Located in CISD, these units are presented as suitable for both first-time and experienced investors. The property is not yet built, with an estimated construction timeframe of 60-90 days.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.9k	$11.40
− Vacancy	−$3.1k	−$0.63
EGI	$53.8k	$10.77
− OpEx	−$16.1k	−$3.23
NOI	$37.6k	$7.54

4,992 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$537.8K

$470.6K – $627.4K (±1% cap)

NOI $37,645 @ 7.0% cap · market cap 5.79%

Second Best

Apartment 5plus

$473.0K

$413.9K – $551.8K (±1% cap)

NOI $33,108 @ 7.0% cap · market cap 5.09%

Theoretical Best

Office A

$1.11M

$975.2K – $1.30M (±1% cap)

NOI $78,019 @ 7.0% cap · market cap 12.00%

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

Location Intelligence

Current Use by Public Records

Quadplexes

Map

City: Amarillo
County: Randall
State: Texas
Longitude: -101.78421
Latitude: 35.122028

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For sale
Quadplexes
TX
Amarillo
79118
4150 Clive Avenue

What type of property is this?

Quadplex - Two duplexes on one lot in a new subdivision.

Where is this quadplex located?

The property is located at 4150 Clive Avenue Amarillo, TX.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Two duplexes on one lot, totaling 4 units; All 4 units planned with 3 bedrooms and 2 bathrooms; Each unit includes a 1‑car garage

4150 Clive Avenue, Amarillo, TX 79118

MULTI_FAMILY - Amarillo, TX

Property Features for 4150 Clive Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Flex Warehouse with Overhead Doors

Modern Office Building

Commercial Property in Southwest Amarillo

Former Foster Care Facility

Established Auto Repair Business

Multi-Bay Automotive Flex Building

Downtown Flex Retail Building

I-40 Frontage Flex & Warehouse

Industrial Office Facility with 3 Doors

Professional Office Property in Amarillo

Clear-Span Warehouse with Office

Shop/Office Property on 7 Acres

FAQs