Lubbock County, TX Multifamily Properties for Sale

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Updated: Jun 24

Four-Unit Quadplex with Private Balconies

5827 6th Street, Lubbock, TX 79416

$490,000

4,924 sqft 0.23 AC lot

Four identical 3‑bedroom, 2‑bath units
Private balcony for each unit
Washer/dryer connections in each unit
Oversized attached 2‑car garage for added storage
Brick construction with composition roof, built in 2004

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This listing looks promising.

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5827 6th Street, Lubbock, TX 79416

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$44K
Annual
Price @ 7% Cap

$635K
Above asking
Property Type

Apartments (Generic)
Built 2004

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Updated: Aug 18

5-Unit Apartment Building

3404 25th Street, Lubbock, TX 79410

$1,575,000

11,170 sqft 0.37 AC lot

5‑unit apartment property totaling 11,170 square feet
Each unit includes 4 bedrooms and 4.5 bathrooms
Built in 2018 on a 0.37‑acre site
Private balcony, washer/dryer, and refrigerator in every unit
Granite counters, recessed lighting, walk‑in closets, and storage

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Leased Multifamily Property with Expansion Land

1304 Avenue F, Shallowater, TX 79363

$875,000

7,758 sqft 1.70 AC lot

Fully leased rental property includes two additional lots for expansion.

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Brick Five-Townhome Apartment Building

2610-2618 136th Street, Lubbock, TX 79423

$875,000

6,640 sqft 0.36 AC lot

2022-built brick townhomes with private yards, private entrances, and central HVAC are set up for easy tenant occupancy.

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Nine-House Multifamily Property

7603 Alcove Avenue # A-d, Lubbock, TX 79407

$1,100,000

9,752 sqft 4.00 AC lot

Existing rental houses generate current income alongside plans for future property redevelopment.

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Townhome-Style Apartment Building

2620-2628 136th Street, Lubbock, TX 79423

$875,000

6,688 sqft 0.37 AC lot

Five brick townhome units built in 2022 with rear-entry garages and private yards across from Lubbock Cooper East Elementary.

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Eight-Unit Apartment Building

2123 15th Street, Lubbock, TX 79401

$550,000

7,768 sqft 0.15 AC lot

Two-story multifamily property with varied unit layouts and a substantial first-floor shop.

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Remodeled Short-Term Rental Property

2406 28th Street, Lubbock, TX 79411

$1,200,000

1,680 sqft 0.18 AC lot

Four-bedroom property with three bathrooms and a flexible short-term rental configuration near Texas Tech University.

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Townhome Community with Rear-Entry Garages

26202628 2620-2628 136th St, Lubbock, TX 79423

$875,000

6,688 sqft

Five well-built townhomes include three 2BR/2BA and two 3BR/2BA end units, each with a rear-entry garage.

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Brick Quadplex with Off-Street Parking

1345 65th Drive, Lubbock, TX 79412

$259,000

5,500 sqft 0.28 AC lot

Four-unit property offers mixed two- and three-bedroom layouts with fenced grounds.

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New 4-Unit Townhome Building

7029 40th St, Lubbock, TX 79407

$796,000

5,300 sqft

Newly constructed Class A 4-unit townhome building with modern finishes, built for low-maintenance, long-term ownership.

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Vacant Quadplex With Courtyard

1316 65th Drive, Lubbock, TX 79412

$199,000

4,079 sqft 0.30 AC lot

Brick veneer construction includes balconies, a courtyard, and driveway parking.

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Two-Bedroom Duplex Apartment Community

501 Plaza Drive, Slaton, TX 79364

$1,200,000

22,368 sqft 0.12 AC lot

24-unit apartment community of 1-story duplexes with in-unit washer/dryer connections.

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RV Park With Store Building

6202 E Hwy 84, Slaton, TX 79364

$575,000

4,600 sqft 22.00 AC lot

Highway-oriented property combines RV accommodations with an existing commercial building.

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New Four-Unit Townhome Building

7029 40th Street, Lubbock, TX 79407

$796,000

5,300 sqft 0.09 AC lot

Under-construction four-unit townhome building with central air, electric heat, and garage parking for low-maintenance ownership.

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Tenant-Occupied Duplex with Private Yards

2010 54th Street, Lubbock, TX 79412

$160,000

2,262 sqft 0.20 AC lot

Fully tenant-occupied duplex with two bedrooms per side, garages, and private yard space, built in 1964.

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Apartment Building with Short-Term Rental Units

2123 15th St, Lubbock, TX 79401

$610,000

15,536 sqft

Apartment building with a mix of one-bedroom units and renovated furnished short-term rental units near Texas Tech.

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Duplex with Private Yards and Fireplace

2008 54th Street, Lubbock, TX 79412

$160,000

2,262 sqft 0.20 AC lot

Fully tenant-occupied duplex with two-bed units, private back yards, and a garage for each side.

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Four-Unit Quadplex

5827 6th St, Lubbock, TX 79416

$490,000

4,924 sqft

Identical layouts offer three-bedroom living, private balconies, and attached garage storage across the property.

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2-Unit Duplex with Garages

9607 Avenue X, Lubbock, TX 79423

$250,000

2,178 sqft 0.23 AC lot

Brick duplex with fenced private yards, functional layouts, and public water and sewer service.

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Five-Unit Townhome Building

2610-2618 136th St, Lubbock, TX 79423

$875,000

6,640 sqft

Townhomes feature rear-entry garages, xeriscaped yards, and updated interior finishes across from an elementary school.

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Four-Unit Brick Quadplex

807 Avenue L, Shallowater, TX 79363

$380,000

3,328 sqft 0.41 AC lot

The property combines brick construction, central heating and cooling, carports, and a fenced lot.

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Updated Two-Unit Duplex

1905 15th St, Lubbock, TX 79401

$298,000

4,006 sqft

Two residences offer matching layouts with private garages and included appliances.

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Split-Level Duplex with Expansion Potential

714 29th Street, Lubbock, TX 79404

$115,000

1,056 sqft 0.29 AC lot

Two leased one-bedroom units include appliances and recent interior updates.

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Lubbock County, TX Multifamily Properties Market Trends and Statistics

Explore 291 multifamily properties for sale in Lubbock County, TX, showcased through 291 active listings on our real estate platform. These investment opportunities span a total of 880,815 square feet of properties for sale, with an estimated market value of $100,635,362.

Sale prices for multifamily properties in Lubbock County, TX start at $49,000, averaging $376,911, and reaching up to $7,225,000 — 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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