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Professionally Managed Duplex

4313 58th Street Lubbock, TX 79413

Claim this Listing
Pending
$220,000

MULTI_FAMILY - Other - Lubbock, TX

Property size:
2,330 SF
Lot size:
0.21 Acres
Added:
Jun 1, 2026
Days on Market:
44
Last Refresh:
Jul 14 at 10:06 am

Property Features for 4313 58th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Driveway, Garage
Patio and Porch features
Porch
Interior features
Ceiling Fan(s)
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Electric Oven, Electric Range, Microwave
Standard status
Pending
APN
R26270
Size
2,330 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
Broadmoor L 687
Tax Annual Amount
3303

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Water source
Public

Building Details

Year built
1966
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet, Plank
Building materials
Brick Veneer
Roof type
Composition
Architectural style
Other

Listing agent Nancy Garrett License #0466808

Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX

Listing date Jun 1, 2026

MLS# 202607378 Listing URL

Copyright © 2026 Lubbock 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 duplex is well maintained and professionally managed, with tenants already in place. The property is set up as a residential income asset designed to generate current rental performance while remaining easy to manage operationally.

Located in a central area, the duplex offers straightforward access to nearby essentials. It is also being offered as part of a package of four properties, which includes 4309 58th, 3633 54th, and 7912 Albany.

For investors seeking a turn-key, managed duplex with existing occupancy, this offering provides a practical way to add residential income to a portfolio. The professionally managed setup and in-place tenants may appeal to buyers looking to minimize downtime and streamline day-to-day oversight, especially within a broader multi-property acquisition strategy.

Key Highlights

  • Year built 1966 brick veneer home with composition roof
  • Central heating with natural gas and ceiling fans
  • Kitchen appliances include dishwasher, electric range, electric oven, and microwave

Local Financial Insights For Apartment 5plus

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 $36.6k $15.72
− Vacancy −$2.3k −$0.97
EGI $34.4k $14.75
− OpEx −$15.5k −$6.64
NOI $18.9k $8.11
2,330 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$300.6K
$263.1K – $350.8K (±1% cap)
NOI $21,045 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$269.9K
$236.2K – $314.9K (±1% cap)
NOI $18,896 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$587.4K
$514.0K – $685.3K (±1% cap)
NOI $41,118 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm HVAC Service Grocery & Convenience Store Locksmith Cafe & Coffee Shop Catering Service Bakery (Bike/Boat/Book/etc) Store Florist

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

FAQs

What type of property is this?
Duplex - Well maintained duplex with tenants in place and professional management, positioned for convenient access to everyday needs.
Where is this duplex located?
The property is located at 4313 58th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Year built 1966 brick veneer home with composition roof; Central heating with natural gas and ceiling fans; Kitchen appliances include dishwasher, electric range, electric oven, and microwave
Contact an agent
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