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    Amarillo, TX Multifamily Properties for Sale

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    Amarillo Triplex Investment Opportunity
    Updated: May 28
    Amarillo Triplex Investment Opportunity

    106 NE 11th Avenue, Amarillo, TX 79107

    $135,000
    1,320 sqft
    Triplex property offers investment opportunity.
    Features two 1 bedroom/1 bathroom units.
    Includes one 2 bedroom/1 bathroom unit.
    New plumbing (as per sellers).
    New electrical (as per sellers).
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    106 NE 11th Avenue, Amarillo, TX 79107

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $10K
      Annual

    • Price @ 7% Cap

      $142K
      Above asking

    • Property Type

      Triplex
      Built 1945
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    Well-Maintained Mobile Home & RV Park
    Updated: Jun 22
    Well-Maintained Mobile Home & RV Park

    10507 BROADWAY Drive, Amarillo, TX 79108

    $469,000
    728 sqft · 2.00 AC lot
    Mobile home park with 6 park‑owned 2BD homes and 3 RV spaces
    Park features gravel drives with designated parking and covered parking
    Utilities and services: park pays water (2 wells) and garbage; tenants maintain yards and pay own utilities
    Additional infrastructure includes community storm shelter, 4 septic tanks, and numerous storage buildings/well houses
    All mobile homes recently detached from land for lower taxes; homes taxed as personal property
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    Historic Amarillo Office/Residential Building
    Historic Amarillo Office/Residential Building

    1608 S POLK Street, Amarillo, TX 79102

    $675,000
    3,750 sqft · 0.34 AC lot

    1913 three-story building suitable for office or residential use.

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    Duplex with Two 3BR Units
    Duplex with Two 3BR Units

    1432 NW 11TH Avenue, Amarillo, TX 79107

    $264,900
    997 sqft · 0.16 AC lot

    Two-unit duplex offers open-concept 3-bedroom layouts, solid surface flooring, and appliances in each kitchen.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Apartment Building with 55 Units
    Apartment Building with 55 Units

    3020 SW 27th Avenue, Amarillo, TX 79109

    $3,550,000
    9,600 sqft

    55-unit multifamily property in SW Amarillo with a mix of 1-bedroom and 2-bedroom units built in 1974.

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    Duplex Portfolio with Four Doors
    Duplex Portfolio with Four Doors

    5305& 5301 RAINDROP Lane, Amarillo, TX 79110

    $510,000

    Two duplex properties total four doors, with HOA access to walkways and a swimming pool.

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    New 6-Plex Investment Opportunity
    New 6-Plex Investment Opportunity

    10524 Tierra Santa Drive, Amarillo, TX 79119

    $1,180,000
    5,982 sqft · 1.02 AC lot

    Newly constructed 6-plex with modern amenities, ready for income generation.

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    Duplex-Style Residential Income Property
    Duplex-Style Residential Income Property

    2217 PEACH TREE Street, Amarillo, TX 79109

    $315,000
    3,038 sqft

    Well-configured two-unit home with separate garages, living areas, and yard space for flexible rental or living arrangements.

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    Amarillo Duplex Built in 2022
    Amarillo Duplex Built in 2022

    507 N MONROE Street, Amarillo, TX 79107

    $274,900
    1,993 sqft · 0.19 AC lot

    Modern duplex built in 2022 near schools and shopping.

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    Amarillo Multifamily Investment Opportunity
    Amarillo Multifamily Investment Opportunity

    1408 SW 12th Avenue, Amarillo, TX 79102

    $239,900
    1,770 sqft · 0.04 AC lot

    Turnkey duplex in Bivins neighborhood, ideal for investors.

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    Amarillo Fourplex: Investment Opportunity
    Amarillo Fourplex: Investment Opportunity

    701 SW 15TH Avenue, Amarillo, TX 79101

    $449,000
    3,696 sqft

    Well-maintained fourplex with remodeled units and income potential.

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    Duplex with Two 3-Bed Units
    Duplex with Two 3-Bed Units

    1326 NW 10TH Avenue, Amarillo, TX 79107

    $253,900
    1,993 sqft

    Two-unit duplex with 3-bedroom, two-bath layouts; one occupied and one vacant for flexible living or rental.

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    Modern Duplex with 3BR/2BA Units
    Modern Duplex with 3BR/2BA Units

    1437 NW 17TH Avenue, Amarillo, TX 79107

    $249,900
    1,993 sqft

    2022-built duplex with two 3-bedroom, two-bath units, one occupied and one vacant.

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    Newer Duplex Income Property
    Newer Duplex Income Property

    1421 NW 16TH Avenue, Amarillo, TX 79107

    $259,900
    1,993 sqft

    Two 3-bedroom, 2-bath units offer a straightforward setup for owner-occupiers or investors.

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    Amarillo Triplex: Investor Opportunity
    Amarillo Triplex: Investor Opportunity

    809 S Bryan Street, Amarillo, TX 79106

    $159,999
    1,248 sqft

    Triplex with steady tenants, immediate income, proven rental history.

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    New Construction Quadplex on One Lot
    New Construction Quadplex on One Lot

    4010 Clive Avenue, Amarillo, TX 79118

    $999,000

    Four newly built homes share one lot, each with fenced yards, 2-car driveways, and modern interior finishes.

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    16-Unit Residential Rental Portfolio
    16-Unit Residential Rental Portfolio

    S Amarillo SFH Package Street, Amarillo, TX 79110

    $1,900,000

    Residential rental portfolio with a 1- to 4-bedroom mix and 100% occupancy across established Amarillo neighborhoods.

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    Amarillo Multifamily Property For Sale
    Amarillo Multifamily Property For Sale

    3407 JANET Drive, Amarillo, TX 79109

    $444,000
    3,002 sqft

    Fourplex with additional one-bedroom house in Amarillo, Texas.

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    New Amarillo Multifamily Investment Opportunity
    New Amarillo Multifamily Investment Opportunity

    4150 Clive Avenue, Amarillo, TX 79118

    $650,000
    4,992 sqft · 1.02 AC lot

    Two duplexes on one lot in a new subdivision.

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    Two-Unit Duplex with One Vacant
    Two-Unit Duplex with One Vacant

    5807 LAWRENCE Boulevard, Amarillo, TX 79106

    $220,000
    1,647 sqft

    Duplex offers two one-bedroom, one-bath units, with one vacant and move-in ready for flexible occupancy.

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    Amarillo Fourplex: Investor Opportunity
    Amarillo Fourplex: Investor Opportunity

    1224 SW 11TH Avenue, Amarillo, TX 79101

    $305,000
    3,752 sqft

    Well-maintained Amarillo fourplex with immediate cash flow and upside.

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    Amarillo Multifamily Investment Opportunity
    Amarillo Multifamily Investment Opportunity

    Amarillo, TX 79109

    $2,683,900

    Portfolio of 12 homes in Amarillo, TX for sale.

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    Amarillo Multifamily Investment Opportunity
    Amarillo Multifamily Investment Opportunity

    1008 SW 11TH Avenue, Amarillo, TX 79107

    $305,000
    2,090 sqft

    Multifamily property near downtown Amarillo with strong rental demand.

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    Remodeled Duplex in San Jacinto
    Remodeled Duplex in San Jacinto

    403 N FLORIDA Street, Amarillo, TX 79106

    $92,500
    825 sqft · 0.16 AC lot

    Remodeled duplex, excellent for temporary construction workers.

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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 224,438 square feet of properties for sale, with an estimated market value of $41,274,399.

    Sale prices for multifamily properties in Amarillo, TX start at $60,000, averaging $1,474,085, and reaching up to $25,000,000 — 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 14
    Quadplexes 9
    Apartment buildings 6
    Mobile home & RV parks 2
    Short term rental properties 2

    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
    79107 $225.4K
    79102 $260.6K
    79101 $377K
    79106 $778.3K
    79118 $824.5K

    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.

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    Most Searched ZIP Codes in Amarillo, TX

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

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