Duplex With Cottage
New
For Sale
$229,000
4215 SW 12TH Avenue, Amarillo, TX 79106
MULTI_FAMILY - Amarillo, TX
Property Size1,582 SF
Price / SF$144.75
Days on Market1
Property Features for 4215 SW 12TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Appliances
Range, Dishwasher
Directions
North on Western to SW 12th, west to 4215.
Subdivision
0105 - Country Club/Avondale
Standard status
Active
APN
121429
Size
1,582 SF
Taxes and HOA fees
Tax Description
ROBERTS PLACE, LOT 002, BLK 0028, ODOM-COTTEN SUB
Legal Description
ROBERTS PLACE, LOT 002, BLK 0028, ODOM-COTTEN SUB
Utilities
Cooling system
Central Air
Amenities
original hardwood floors
front porch
cozy fireplace
mock fireplace
walk-in shower
separate laundry
Building Details
Year built
1933
Roof type
Composition
Listing Agency:
RockOne Realty, LLC
(806) 599-9900
Listed By:
Jeanette Douglass
(806) 599-9900
Added: Aug 4
Last Checked: Aug 4 at 9:06PM
MLS# 26-6257
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 1,582-square-foot duplex, built in 1933, combines a three-bedroom, two-bath main residence with a rear efficiency apartment. The primary home includes original hardwood floors, a front porch, a fireplace, and a decorative mock fireplace. The apartment adds a walk-in shower and separate laundry, while the property also includes a range, dishwasher, central air, and a composition roof.
Located at 4215 SW 12th Avenue in Amarillo’s Country Club area, the property includes a survey. New incoming gas and sewer lines behind the home are scheduled for March 2026. The combination of a full-size main residence and separate rear apartment provides a distinctive duplex configuration with period architectural details.
Located at 4215 SW 12th Avenue in Amarillo’s Country Club area, the property includes a survey. New incoming gas and sewer lines behind the home are scheduled for March 2026. The combination of a full-size main residence and separate rear apartment provides a distinctive duplex configuration with period architectural details.
Key Highlights
- 1,582 SF duplex built in 1933
- Main residence includes 3 bedrooms and 2 baths
- Rear efficiency apartment has a walk‑in shower and separate laundry
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 | $18.0k | $11.40 |
| − Vacancy | −$992 | −$0.63 |
| EGI | $17.0k | $10.77 |
| − OpEx | −$5.1k | −$3.23 |
| NOI | $11.9k | $7.54 |
1,582 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$170.4K
$149.1K – $198.8K
NOI $11,930 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$149.9K
$131.2K – $174.9K
NOI $10,492 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$353.2K
$309.1K – $412.1K
NOI $24,725 @ 7.0% cap · market cap 10.80%
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
946
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 - 1933 duplex offering a three-bedroom main residence and a separate efficiency apartment with independent laundry.
Where is this duplex located?
The property is located at 4215 SW 12TH Avenue Amarillo, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1,582 SF duplex built in 1933; Main residence includes 3 bedrooms and 2 baths; Rear efficiency apartment has a walk‑in shower and separate laundry
