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    Amarillo, TX
    Multifamily

    Amarillo, TX Multifamily Properties for Sale

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    Found 35 multifamily property listings for sale in Amarillo, TX, averaging $265/sq ft. Use valuation data to compare deals faster.
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    4-Unit Multifamily Property
    Updated: Aug 25
    4-Unit Multifamily Property

    1000 SW 11th Avenue, Amarillo, TX 79101

    $410,000
    4,240 sqft
    Four units: three 1‑bedroom, 1‑bath apartments and one 3‑bedroom, 2‑bath apartment
    Three units are leased; the 3‑bedroom apartment is vacant
    4,240 square feet; built in 1941
    New roof and sewer lines, plus updated electric
    New HVAC system in Unit 1
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    4-Unit Multifamily Property
    Updated: Nov 9
    4-Unit Multifamily Property

    1102&1104 S WESTERN Street, Amarillo, TX 79106

    $220,000
    1,950 sqft
    Four total units
    1,950 square feet
    Built in 1926
    1102 and 1104 S Western Street, Amarillo, TX 79106‑5508
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    Occupied Mobile Home & RV Park
    Occupied Mobile Home & RV Park

    10507 BROADWAY Drive, Amarillo, TX 79108

    $459,000
    728 sqft 2.00 AC lot

    Established park with mobile homes, RV spaces, storage buildings, and a country setting north of Amarillo city limits.

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    See hot listings in Amarillo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Triplex with Vacant Land
    Triplex with Vacant Land

    10101 S Western, Amarillo, TX 79118

    $700,000
    1,582 sqft 5.57 AC lot

    Three separately rented homes with more than half the acreage vacant.

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    3-Unit Triplex
    3-Unit Triplex

    106 NE 11th Avenue, Amarillo, TX 79107

    $135,000
    1,320 sqft

    Seller-reported plumbing and electrical updates complement a three-unit residential layout.

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    4-Unit Apartment Building
    4-Unit Apartment Building

    701 SW 15th Avenue, Amarillo, TX 79101

    $425,000
    3,696 sqft

    Three residences have remodeled interiors, and the unit mix includes one- and two-bedroom layouts.

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    Triplex With Occupied Units
    Triplex With Occupied Units

    1614 S Hayden Street, Amarillo, TX 79102

    $235,000
    1,372 sqft

    Three separate apartments are occupied under month-to-month leases.

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    20-Unit Townhome Apartment Property
    20-Unit Townhome Apartment Property

    4500 S Virginia Street, Amarillo, TX 79109

    $2,200,000
    1,039 sqft

    Two-story units offer private courtyards, individual utility metering, covered parking, storage, fireplaces, and central heat and air.

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    Occupied Duplex Property
    Occupied Duplex Property

    1104 S WESTERN Street, Amarillo, TX 79106

    $129,000
    320 sqft

    Two-bedroom, two-bath duplex with current occupancy and an established construction date.

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    Brick Fourplex
    Brick Fourplex

    1321 Evergreen Street, Amarillo, TX 79107

    $235,000
    2,697 sqft 0.28 AC lot

    Fully occupied income property with updated windows, doors, and water heaters.

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    Duplex Property with Workshop
    Duplex Property with Workshop

    12005 Rocker K Road, Amarillo, TX 79118

    $300,000
    1,400 sqft

    Includes a primary residence, a separate income-producing apartment, and dedicated shop space.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    404 N LINCOLN Street, Amarillo, TX 79107

    $110,000
    3,226 sqft 0.19 AC lot

    Interior reconstruction remains, while new siding and windows provide a completed exterior update.

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    Remodeled Duplex with Two Homes
    Remodeled Duplex with Two Homes

    1408 SW 12th Avenue, Amarillo, TX 79102

    $239,900
    1,770 sqft 0.04 AC lot

    Two separate residences offer updated interiors, individual utilities, and existing occupancy.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    620 West Amarillo Boulevard, Amarillo, TX 79107

    $899,000

    Recent work covers plumbing, unit upgrades, and exterior improvements.

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    Brick Duplex with Two-Stall Garage
    Brick Duplex with Two-Stall Garage

    3303 SW 15th Avenue, Amarillo, TX 79102

    $200,000
    1,977 sqft

    Separate electric, gas, and water meters serve the two vacant residences.

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    Duplex With Detached Garage
    Duplex With Detached Garage

    411 S Florida Street, Amarillo, TX 79106

    $89,000
    1,056 sqft

    Both residences offer one bedroom and one bathroom, with a private fenced yard serving Unit A.

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    112-Unit Garden-Style Apartment Community
    112-Unit Garden-Style Apartment Community

    4301 Southwest 51st Avenue, Amarillo, TX 79109

    $5,998,000

    Recent capital work supports continued leasing and operating updates across the community.

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    Leased Duplex with Detached Garage
    Leased Duplex with Detached Garage

    2717 CURTIS Drive, Amarillo, TX 79109

    $229,900
    1,929 sqft

    Two residential units offer distinct bedroom and bathroom configurations with central air conditioning.

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    Multifamily Value-Add Opportunity in Amarillo
    Multifamily Value-Add Opportunity in Amarillo

    4101 REPUBLIC AVE, Amarillo, TX 79109

    Contact for pricing
    22,080 sqft

    Class C multifamily property with income stream and upside potential.

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    Remodeled Duplex with Two Units
    Remodeled Duplex with Two Units

    403 N FLORIDA Street, Amarillo, TX 79106

    $89,000
    825 sqft 0.16 AC lot

    Two compact residential units offer separate one-bedroom, one-bath layouts within a remodeled duplex.

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    Multifamily Duplex Portfolio
    Multifamily Duplex Portfolio

    2713 Duncan Drive, Amarillo, TX 79109

    Contact for pricing

    Most residences feature updated interior finishes, with washer and dryer connections in some units.

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    Mobile Home Park with Barn
    Mobile Home Park with Barn

    15011 Bell Street, Amarillo, TX 79118

    $575,000

    The property combines two-bedroom, two-bathroom units with a horse arena and equestrian facilities.

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    Multifamily Duplex Property
    Multifamily Duplex Property

    2718 DUNCAN Drive, Amarillo, TX 79109

    $2,300,000

    Most residences feature refreshed interiors, with washer and dryer connections available in select units.

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    Mixed-Use Property with Event Venue
    Mixed-Use Property with Event Venue

    19000 SPIRIT Loop, Amarillo, TX 79119

    $975,000
    2,853 sqft

    A private event facility, separate bridal suite, and four-bedroom residence share one property.

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    Amarillo, TX Multifamily Properties Market Trends and Statistics

    Explore 60 multifamily properties for sale in Amarillo, TX, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 66,656 square feet of properties for sale, with an estimated market value of $23,040,550.

    Sale prices for multifamily properties in Amarillo, TX start at $54,750, averaging $698,198, and reaching up to $5,998,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 12
    Apartment buildings 7
    Quadplexes 6
    Triplexes 4
    Mobile home & RV parks 3

    Demographics Overview

    Population 236K
    Population Growth (5Y) +2.2%
    Median Household Income $66,978
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

    Identify Amarillo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79106 $146.6K
    79102 $176.4K
    79101 $417K
    79108 $459K
    79118 $758K

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $29.72 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Amarillo fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Amarillo, TX

    Popular Categories

    Most Searched ZIP Codes in Amarillo, TX

    • 79106
    • 79109
    • 79107
    • 79101
    • 79102
    • 79118
    • 79110
    • 79119
    • 79108

    Featured Amarillo Real Estate Agencies

    Realmo connects you with licensed Amarillo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Fathom Realty, LLC
    4423 SW 45th Ave Amarillo, TX
    Phone: (806) 433-2067
    Dro Management I Inc dba Keller Williams Realty
    3955 Soncy Road Amarillo, TX 79119
    Phone: (806) 359-4000
    amarillohomesforsale.com
    Triangle Realty
    7669 Canyon Drive Amarillo, TX 79110
    Phone: (806) 681-3647
    trianglerealtyllc.com/
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