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    Lubbock, TX Multifamily Properties for Sale

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    Shallowater, TX San Antonio, TX Wolfforth, TX
    152 results
    Lubbock Quadplex Investment Opportunity
    $310,000
    3,102 SF

    Lubbock Quadplex Investment Opportunity

    7401 Avenue X, Lubbock, TX 79423

    Fully occupied quadplex near Texas Tech, generating $2,625/month income.

    • Turnkey investment opportunity with $2,625/month in current rents.
    • Located in South Lubbock, near University Avenue and South Loop 289, providing quick access to major roads, Texas Tech, restaurants, and shopping.
    • Fully occupied and professionally managed.
    • Each unit features 2 bedrooms and 1 bathroom.
    • Stable occupancy in a consistently leased area.
    Updated: Mar 24
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    Lubbock Quadplex Investment Opportunity
    $319,900
    5,364 SF

    Lubbock Quadplex Investment Opportunity

    7405 Avenue X, Lubbock, TX 79423

    Four-unit quadplex near Texas Tech with stable occupancy.

    • Prime location near University Avenue and South Loop 289, offering quick access to major roads, Texas Tech, restaurants, and shopping.
    • Turnkey investment opportunity with a four‑unit quadplex.
    • Each unit features 2 bedrooms and 2 bathrooms.
    • Stable occupancy in a consistently leased area, ensuring income production.
    • Some updates throughout the units.
    Updated: Mar 24
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    New Construction Townhome Building
    $895,000
    5,974 SF

    New Construction Townhome Building

    Four-unit new construction townhome building in West Lubbock.

    7030-7036 41st Street, Lubbock, TX 79407
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    Lubbock Quadplex Investor Opportunity
    $310,000
    3,048 SF

    Lubbock Quadplex Investor Opportunity

    Turnkey, 100% occupied quadplex near Texas Tech.

    7405 Waco Avenue, Lubbock, TX 79423
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    New Turnkey Townhome Investment Property
    $800,000
    6,090 SF

    New Turnkey Townhome Investment Property

    New four-unit townhome community with proven rental income in place.

    5825 Virginia Avenue, Lubbock, TX 79407
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    New Turnkey Townhome Investment Property
    $800,000
    6,090 SF

    New Turnkey Townhome Investment Property

    Four fully occupied townhomes built in 2023 with proven rental income.

    5881 Urbana Place, Lubbock, TX 79407
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    Lubbock Quadruplex: Investor Opportunity
    $499,000
    4,924 SF

    Lubbock Quadruplex: Investor Opportunity

    Fully occupied Lubbock quadruplex, turnkey and income-producing investment property.

    5845 7th Street, Lubbock, TX 79416
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    Lubbock Duplex: Investment Opportunity
    $370,000
    3,008 SF

    Lubbock Duplex: Investment Opportunity

    Well-maintained duplex with income potential in a desirable Lubbock location.

    2120 Langford Avenue, Lubbock, TX 79407
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    New Lubbock Townhome Investment Opportunity
    $800,000
    6,090 SF

    New Lubbock Townhome Investment Opportunity

    Four fully occupied townhomes built in 2023 with proven rental income.

    5833 Virginia Avenue, Lubbock, TX 79407
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    Lubbock Fourplex: Turnkey Investment
    $305,000
    3,640 SF

    Lubbock Fourplex: Turnkey Investment

    Well-maintained fourplex in West Lubbock, fully occupied and cash flowing.

    1710 Elkhart Avenue, Lubbock, TX 79416
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    Lubbock Townhomes Investment Opportunity
    $715,000
    5,652 SF

    Lubbock Townhomes Investment Opportunity

    Four like-new townhomes with strong rental potential in Lubbock, TX.

    5512 Kemper Street, Lubbock, TX 79416
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    Lubbock Multifamily Investment Package
    $1,200,000
    11,518 SF

    Lubbock Multifamily Investment Package

    Turn-key multifamily investment package near universities and schools.

    Package Property 6th Street, Lubbock, TX 79416
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    Lubbock Duplex in Bacon Crest
    $449,975
    3,254 SF

    Lubbock Duplex in Bacon Crest

    Well-maintained duplex in desirable Lubbock neighborhood, ideal for investors.

    6308 79th Street, Lubbock, TX 79424
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    Renovated Duplex in Lubbock, TX
    $345,000
    2,600 SF

    Renovated Duplex in Lubbock, TX

    Modern, fully renovated duplex with rental income potential in Lubbock.

    2004 23rd Street, Lubbock, TX 79411
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    Lubbock Quadruplex Investment Opportunity
    $365,000
    5,368 SF

    Lubbock Quadruplex Investment Opportunity

    Quadruplex in central Lubbock with fenced yards and parking.

    2105 49th Street, Lubbock, TX 79412
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    Lubbock Duplex in High Demand
    $339,900
    2,663 SF

    Lubbock Duplex in High Demand

    Fully leased duplex in South Lubbock with Cooper ISD.

    3114 111th Street, Lubbock, TX 79423
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    Lubbock Duplex: Investment Opportunity
    $375,000
    3,008 SF

    Lubbock Duplex: Investment Opportunity

    Income-producing duplex in Lubbock, perfect for investors or 1031 exchange.

    1915 Langford Avenue, Lubbock, TX 79407
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    Multifamily Investment Near Texas Tech
    $514,000
    5,066 SF

    Multifamily Investment Near Texas Tech

    Two properties, six units, near Texas Tech, generating income.

    1919 17th Street, Lubbock, TX 79401
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    Lubbock Quadruplex: Investment Opportunity
    $365,000
    5,368 SF

    Lubbock Quadruplex: Investment Opportunity

    Fully occupied Lubbock quadruplex with fenced yards and parking.

    2101 49th Street, Lubbock, TX 79412
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    New Duplexes in Frenship District
    $425,000
    3,790 SF

    New Duplexes in Frenship District

    New duplexes in NW Lubbock, Frenship School District, fully occupied.

    7120 22nd Street, Lubbock, TX 79407
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    New Duplex in Waters Neighborhood
    $429,000
    1,627 SF

    New Duplex in Waters Neighborhood

    New construction duplex in Lubbock's desirable Waters neighborhood.

    3111 - 3113 74th Street, Lubbock, TX 79423
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    Class A Townhome Building
    $849,500
    6,213 SF

    Class A Townhome Building

    Four-unit townhome in Lubbock's Viridian neighborhood.

    2602-2608 135th Street, Lubbock, TX 79423
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    Lubbock Duplex Investment Opportunity
    $365,000
    3,063 SF

    Lubbock Duplex Investment Opportunity

    Turnkey, income-producing duplex in Lubbock-Cooper ISD.

    2026 102nd Street, Lubbock, TX 79423
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    Lubbock Triplex with Large Units
    $475,000
    4,490 SF

    Lubbock Triplex with Large Units

    Investment opportunity: triplex with spacious units, laundry, and patios.

    1625 County Rd 7340, Lubbock, TX 79423
    View details

    Lubbock, TX Multifamily Properties Investment Opportunities Market Analysis

    Explore 152 multifamily properties for sale in Lubbock, TX, showcased through 152 active listings on our real estate platform. These investment opportunities span a total of 516,259 square feet of properties for sale, with an estimated market value of $62,408,705.

    Sale prices for multifamily properties in Lubbock, TX start at $59,000, averaging $445,776, and reaching up to $5,500,000 — 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

    Duplexes 95
    Quadplexes 22
    Apartment buildings 20
    Triplexes 8
    Short term rental properties 4

    Property Size Breakdown

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

    Demographics Overview

    Population 286K
    Population Growth (5Y) +0.1%
    Median Household Income $66,110
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    79414 $213.3K
    79415 $220K
    79404 $249.9K
    79411 $318.6K
    79412 $383.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $22.36 per sq ft
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

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