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Brick Duplex with Patio
For Sale
$175,000

6109 37th Street, Lubbock, TX 79407

Residential Income, Lubbock, TX

Property Size1,785 SF
Lot Size0.15 Acres
Price / SF$98.04
Days on Market57

Property Features for 6109 37th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1
Security features Security Lighting
Window features Aluminum Frames
Patio and Porch features Porch, Patio
Interior features Entrance Foyer, Laminate Counters, Solid Surface Counters
Exterior features Lighting
Appliances Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Exhaust Fan, Refrigerator, Washer/Dryer Stacked
Lot features Rectangular Lot
Elementary school Westwind
Middle school Heritage
High school Memorial
Elementary school district Frenship ISD
Middle school district Frenship ISD
High school district Frenship ISD
Subdivision 7
Standard status Active
APN R137685
Size 1,785 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description Park Lorraine L 170
Tax Annual Amount 2613
Legal Description Park Lorraine L 170

Utilities

Heating system Central, Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1980
Number of units 2
Flooring type Carpet, Vinyl, Tile
Building materials Brick, Vinyl Siding
Roof type Composition
Architectural style Ranch
Listing Agency: Realty Refined · RE/MAX International
Listed By: Tony Lloyd · License #0462327
Added: Sep 11 Changed: Oct 27 Last Checked: Nov 6 at 6:06AM
MLS# 202612695

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.

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Investment Insights

Based on property information with market context.

Built in 1980, this ranch-style duplex contains two separate units within 1,785 square feet on a 0.15-acre lot. The property includes four bedrooms and two bathrooms, with laminate and solid surface counters, porches, patios, and composition roofing. Brick and vinyl siding form the exterior, while central natural gas heating and central electric air conditioning serve the building. Each unit is equipped with practical appliances, including a dishwasher, electric cooking appliances, refrigerator, exhaust fan, and stacked washer and dryer.

The property is located near Loop 289, Lubbock Christian University, shopping, dining, and everyday services. Public water is available, and exterior lighting is included. Interior finishes combine vinyl, tile, and carpet flooring across the residence.

Key Highlights

  • Two separate units within 1,785 square feet
  • 0.15‑acre lot with ranch‑style construction
  • Four bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,476
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,520 $289.5K
Cap Rate 7%
$206,800 $206.8K
Cap Rate 9%
$160,844 $160.8K
Market Conditions
NOI Build-Up for 1,785 SF
Gross rent
$28.1K $15.72/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$26.3K $14.75/SF
− OpEx
−$11.8K −$6.64/SF
NOI
$14.5K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,520
Cap Rate 7%
$206,800
Cap Rate 9%
$160,844

Alternative Uses

Best Use
Multifamily LT 5
$230.3K
$201.5K – $268.7K (±1% cap)
NOI $16,122 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$206.8K
$181.0K – $241.3K (±1% cap)
NOI $14,476 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$450.0K
$393.8K – $525.0K (±1% cap)
NOI $31,500 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 79407, TX

23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with separate living spaces, central heating and cooling, and a mix of vinyl, tile, and carpet flooring.
Where is this duplex located?
The property is located at 6109 37th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two separate units within 1,785 square feet; 0.15‑acre lot with ranch‑style construction; Four bedrooms and two bathrooms
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