Updated Duplex Income
4320 52nd St Lubbock, TX 79413
New
For Sale
$260,000
Two-story duplex features updated vinyl flooring, fireplaces, and separate leased units with backyard space.
Property Size2,726 SF
Price / SF$95.38
Days on Market4
Property Features for 4320 52nd St
General Information
- Standard status
- Active
- Size
- 2,726 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1972
Listing Agency:
eXp Realty LLC
(806) 781-7054
Listed By:
Karisa Langley · License #0698012
Source:
Raftercrossrealty
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 5:20AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This updated two-story duplex offers two separate sides with distinct bedroom and layout configurations. Side A is a 2/1.5 unit with updated vinyl flooring and a living room fireplace, with all bedrooms located upstairs. Side B is a 3/2 unit with updated vinyl flooring, a fireplace, and an open-concept main area, including one bedroom downstairs and two bedrooms upstairs. Both sides include backyard space, and Side B also has a storage unit.
The property is described as being close to Tech and within walking distance to bus routes, providing convenient access for residents.
Side A is currently leased, while the duplex is being offered with an investor-focused setup that can also support owner-occupancy while leasing the other side.
The property is described as being close to Tech and within walking distance to bus routes, providing convenient access for residents.
Side A is currently leased, while the duplex is being offered with an investor-focused setup that can also support owner-occupancy while leasing the other side.
Key Highlights
- 1972 two‑story duplex with two separately leased units (Side A and Side B)
- Side A: 2 bed, 1.5 bath unit with updated vinyl flooring and living room fireplace
- Side A bedrooms are upstairs, separate from entertaining spaces
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 | $42.9k | $15.72 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $40.2k | $14.75 |
| − OpEx | −$18.1k | −$6.64 |
| NOI | $22.1k | $8.11 |
2,726 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$351.7K
$307.8K – $410.4K
NOI $24,622 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$315.8K
$276.4K – $368.5K
NOI $22,108 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$687.2K
$601.3K – $801.8K
NOI $48,106 @ 7.0% cap · market cap 18.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-story duplex features updated vinyl flooring, fireplaces, and separate leased units with backyard space.
Where is this duplex located?
The property is located at 4320 52nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1972 two‑story duplex with two separately leased units (Side A and Side B); Side A: 2 bed, 1.5 bath unit with updated vinyl flooring and living room fireplace; Side A bedrooms are upstairs, separate from entertaining spaces
