Duplex with Private
New
For Sale
$120,000
Amarillo, TX 79107-1801, Amarillo, TX 79107
MultiFamily, Amarillo, TX
Property Size1,525 SF
Price / SF$78.69
Days on Market2
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
Appliances
Range
Subdivision
0120 - North Heights
Standard status
Active
Size
1,525 SF
Building Details
Year built
1961
Number of units
2
Roof type
Composition
Listing Agency:
Keller Williams Realty Amarillo
(806) 359-4000
Listed By:
Lisa R Harris
(806) 433-2783
Added: Oct 21
Last Checked: Oct 22 at 7:06PM
MLS# 26-8316
Copyright © 2026 Amarillo 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,525-square-foot duplex, built in 1961, contains two residences with private entrances. Each side has two bedrooms and one bathroom. A range is included, and the roof is composition.
One residence is occupied by a long-term tenant, while the adjoining residence is vacant. The property is in Amarillo, Texas.
One residence is occupied by a long-term tenant, while the adjoining residence is vacant. The property is in Amarillo, Texas.
Key Highlights
- Two residences, each with two bedrooms and one bathroom
- One side has a long‑term tenant; the other side is vacant
- 1,525 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,114
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,280
$202.3K
Cap Rate 7%
$144,486
$144.5K
Cap Rate 9%
$112,378
$112.4K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$19.4K $12.72/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$18.4K $12.06/SF
− OpEx
−$8.3K −$5.43/SF
NOI
$10.1K $6.63/SF
Area
Amarillo, TX
Vacancy
5.20%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,280
Cap Rate 7%
$144,486
Cap Rate 9%
$112,378
Alternative Uses
Best Use
Multifamily LT 5
$164.3K
$143.8K – $191.7K
NOI $11,500 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$144.5K
$126.4K – $168.6K
NOI $10,114 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$340.5K
$297.9K – $397.2K
NOI $23,834 @ 7.0% cap · market cap 19.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 79107, TX
37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom; one is occupied and the other is vacant.
Where is this duplex located?
The property is located at Amarillo, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms and one bathroom; One side has a long‑term tenant; the other side is vacant; 1,525 square feet
