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    Lubbock Multifamily Property For Sale Title is generated by Realmo AI

    532 N Clinton Avenue, Lubbock, TX 79416

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    For Sale
    $337,000

    MULTI_FAMILY - Other - Lubbock, TX

    Property size:
    2,740 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $122/SF
    Added:
    May 13, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 10 at 12:06 am

    Property Features for 532 N Clinton Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Garage
    Window features
    Double Pane Windows
    Exterior features
    Private Yard
    Fencing
    Fenced
    Standard status
    Active
    APN
    R171391
    Size
    2,740 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    Fountain Wood L 53
    Tax Annual Amount
    4240

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2003
    Number of units
    2
    Flooring type
    Tile, Carpet
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    Cynthia Arriaga
    Cynthia Arriaga

    Listing agent Cynthia Arriaga License #0584899

    Listing office Exit Realty of Lubbock 2405 W Loop 289, Ste 100, Lubbock, TX

    Listing date May 13, 2026

    MLS# 202606392 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.

    HighLights

    • Brick construction with a composition shingle roof; built in 2003
    • Central heating with natural gas and central air conditioning
    • Flooring includes tile and carpet
    • Private fenced yard with private yard space
    • Garage parking
    • Public sewer service

    Overview

    This multifamily property is located in Lubbock, Texas. The property has a size of 2740 square feet and is situated on a lot of 0.18 acres. It is classified as a duplex and residential income property.

    Local 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 $37.8k $13.80
    − Vacancy −$2.5k −$0.90
    EGI $35.4k $12.90
    − OpEx −$10.6k −$3.87
    NOI $24.7k $9.03
    2,740 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $353.5K
    $309.4K – $412.5K (±1% cap)
    NOI $24,748 @ 7.0% cap · market cap 7.34%
    Second Best
    Apartment 5plus
    $317.4K
    $277.8K – $370.4K (±1% cap)
    NOI $22,221 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Office A
    $690.8K
    $604.4K – $805.9K (±1% cap)
    NOI $48,353 @ 7.0% cap · market cap 14.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.931527
    Latitude
    33.606619

    FAQs

    What type of property is this?
    Duplex - Multifamily property in Lubbock, Texas, ideal for residential income.
    Where is this duplex located?
    The property is located at 532 N Clinton Avenue Lubbock, TX.
    What is the asking price?
    The asking price for this property is $337,000.
    What are key features of this property?
    This property features: Brick construction with a composition shingle roof; built in 2003; Central heating with natural gas and central air conditioning; Flooring includes tile and carpet
    More about this property
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