Two-Quadplex Multifamily
New
For Sale
$425,000
922 44th St, Lubbock, TX 79412
Two adjacent quadplexes totaling eight units, with six units currently leased and 75% occupied.
Property Size600 SF
Price / SF$708.33
Days on Market7
Property Features for 922 44th St
General Information
Standard status
Active
Size
600 SF
Property subtype
Multi-Family
Occupancy
75%
Building Details
Year Built
1969
Buildings
2
Tenancy
Multi
Listing Agency:
WestMark Companies
(806) 794-3300
Listed By:
Albert Ramirez · License #0824124
Source:
Raftercrossrealty
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 3 at 8:53AM
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 WestMark Companies
Investment Insights
Based on property information with market context.
Two adjacent quadplexes offer a total of eight units in one package. The property includes 922 44th Street and 924 44th Street, with a current leasing position of six of eight units leased, representing 75% occupied. Built in 1969, this multifamily offering is suited for investors looking to acquire multiple nearby units under one ownership structure.
The quadplexes are located at 922 44th Street and 924 44th Street in Lubbock, Texas 79412, providing a simple, consolidated setup for on-site management and oversight across the two adjacent properties.
The combination of in-place occupancy and the package structure may appeal to buyers interested in owning a small multifamily portfolio with immediate rental activity.
The quadplexes are located at 922 44th Street and 924 44th Street in Lubbock, Texas 79412, providing a simple, consolidated setup for on-site management and oversight across the two adjacent properties.
The combination of in-place occupancy and the package structure may appeal to buyers interested in owning a small multifamily portfolio with immediate rental activity.
Key Highlights
- Two adjacent quadplexes at 922 44th Street and 924 44th Street
- 8 total units across the package
- 6 of 8 units currently leased (75% occupied)
Property Analytics
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 79412, TX
14,834
Population
6,480
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
4,636
Density / Sq Mi
$47,306
Median Household Income
$29,233
Median Earnings
$964
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two adjacent quadplexes totaling eight units, with six units currently leased and 75% occupied.
Where is this quadplex located?
The property is located at 922 44th St Lubbock, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two adjacent quadplexes at 922 44th Street and 924 44th Street; 8 total units across the package; 6 of 8 units currently leased (75% occupied)
