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Four-Unit Quadplex Investment
For Sale
$309,900

7405 Avenue X, Lubbock, TX 79423

Four residential units offer 2 bedrooms and 2 bathrooms each, with some updates throughout.

Days on Market32

Property Features for 7405 Avenue X

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 4

Building Details

Building Size 5,364 SF
Year Built 1983
Tenancy Multi
Listing Agency: Williams & Company Real Estate
Listed By: Cameron Seale · License #0688378
Source: Lubbockhomemarket
Added: Jul 1 Changed: Jul 27 Last Checked: Aug 1 at 12:18PM

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 Williams & Company Real Estate

Investment Insights

Based on property information with market context.

This four-unit quadplex provides four residential units, each featuring 2 bedrooms and 2 bathrooms. The property is described as having some updates throughout, supporting a turnkey hold.

The asset is located in South Lubbock just off University Avenue and near South Loop 289, with access to major roads, Texas Tech, and nearby restaurants and shopping.

The seller indicates stable occupancy and consistently leased rental units within the area.

Key Highlights

  • 1983‑built four‑unit quadplex in South Lubbock
  • Each of the 4 units offers 2 bedrooms and 2 bathrooms
  • Some updates throughout the units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Building Supply 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.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
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?
Quadplex - Four residential units offer 2 bedrooms and 2 bathrooms each, with some updates throughout.
Where is this quadplex located?
The property is located at 7405 Avenue X Lubbock, TX.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: 1983‑built four‑unit quadplex in South Lubbock; Each of the 4 units offers 2 bedrooms and 2 bathrooms; Some updates throughout the units
More about this property
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