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Multifamily Property Package
For Sale
$49,000

614 39th Street, Lubbock, TX 79404

Four-property multifamily offering with vacant units and renovation needs, sold collectively.

Property Size1,045 SF
Days on Market143

Property Features for 614 39th Street

General Information

Standard status Active
Size 1,045 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence needing significant repair and renovation

Building Details

Building Size 1,045 SF
Year Built 1952
Listing Agency: Keller Williams Realty
Listed By: Felicia Estrada · License #673783
Source: Kw
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:32AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This multifamily offering dates to 1952 and is being marketed as part of a four-property package. The group includes multiple vacant units, several homes requiring substantial repair and renovation, and one tenant-occupied home with rent reflecting its current condition.

The properties must be purchased together. The portfolio is located at 614 39th Street in Lubbock, Texas, within ZIP code 79404.

Key Highlights

  • Four‑property multifamily package sold as a group
  • Multiple vacant units included
  • Several homes require significant repair and renovation

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 79404, TX

9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four-property multifamily offering with vacant units and renovation needs, sold collectively.
Where is this multifamily property located?
The property is located at 614 39th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $49,000.
What are key features of this property?
This property features: Four‑property multifamily package sold as a group; Multiple vacant units included; Several homes require significant repair and renovation
More about this property
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