Advertise
    Lubbock, TX
    Multifamily

    Lubbock, TX Multifamily Properties for Sale

    Notify Me
    List
    Map
    Shallowater, TX Tahoka, TX Slaton, TX Wolfforth, TX Lajitas, TX Buffalo Springs, TX New Deal, TX Ransom Canyon, TX
    256 properties
    Sort:
    5-Unit Apartment Building
    Updated: Sep 22
    5-Unit Apartment Building

    3404 25th Street, Lubbock, TX 79410

    $1,575,000
    11,170 sqft 0.37 AC lot
    5‑unit apartment property with 11,170 square feet
    Each unit includes 4 bedrooms and 4.5 bathrooms
    Situated on 0.37 acres at 3404 25th Street
    Built in 2018 and fully leased
    Private balconies and washer/dryer in every unit
    View details
    Occupied Duplex Portfolio
    Updated: Oct 13
    Occupied Duplex Portfolio

    8302 Raleigh Avenue, Lubbock, TX 79424

    $1,400,000
    13,710 sqft 0.69 AC lot
    Occupied duplex properties in South Lubbock
    13,710 square feet of building area on 0.69 acres
    Brick construction; built in 1994
    Central heating and central air conditioning
    Garage parking and fireplaces
    View details
    Brick-Veneer Quadplex
    Brick-Veneer Quadplex

    5808 6th Street, Lubbock, TX 79416

    $595,000
    4,160 sqft 0.26 AC lot

    Central heating and air conditioning, garage parking, and a fireplace serve the property.

    View details
    See hot listings in Lubbock

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Nine-House Multifamily Property
    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.

    View details
    Eight-Unit Apartment Building
    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.

    View details
    Eight-Unit Duplex Portfolio
    Eight-Unit Duplex Portfolio

    5804 96th Street, Lubbock, TX 79424

    $1,200,000
    11,168 sqft 0.76 AC lot

    Four brick duplexes feature central heating and air conditioning, garage parking, and fireplaces.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    3508 E Colgate Street, Lubbock, TX 79403

    $435,000
    5,406 sqft 0.88 AC lot

    Professionally managed multifamily asset with all five units occupied.

    View details
    New Construction 4-Unit Townhome Building
    New Construction 4-Unit Townhome Building

    70307036 7030-7036 41st St, Lubbock, TX 79407

    $895,000
    5,974 sqft

    Under-construction four-unit townhome building with xeriscape yards and metal siding, adjacent to Canyon West shopping center.

    View details
    Occupied Duplex Portfolio
    Occupied Duplex Portfolio

    8302 Raleigh Avenue, Lubbock, TX 79424

    $2,600,000
    24,878 sqft 1.45 AC lot

    Nine duplexes are distributed between Raleigh Avenue and 96th Street in South Lubbock.

    View details
    RV Park with On-Site Building
    RV Park with On-Site Building

    2203 Woodrow Road, Lubbock, TX 79423

    $650,000
    3,168 sqft 3.00 AC lot

    Three-acre RV park with an on-site building and established improvements in Lubbock, Texas.

    View details
    Townhome Community with Rear-Entry Garages
    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.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    3816 44th Street, Lubbock, TX 79413

    $235,000
    2,232 sqft 0.36 AC lot

    Tenant-occupied duplex with separate fenced yards, private garages, and refreshed finishes in both residences.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1801 38th Street, Lubbock, TX 79412

    $435,000
    5,443 sqft 0.13 AC lot

    Five-unit rental property with carports, central climate control, and a mix of durable flooring and bedroom carpeting.

    View details
    New 4-Unit Townhome Building
    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.

    View details
    Four-Unit Brick Apartment Property
    Four-Unit Brick Apartment Property

    1345 65th Drive, Lubbock, TX 79412

    $259,000
    5,500 sqft 0.28 AC lot

    Four residences offer a mix of two- and three-bedroom layouts with off-street parking.

    View details
    Two-Unit Duplex With Garages
    Two-Unit Duplex With Garages

    9607 Avenue X, Lubbock, TX 79423

    $249,000
    2,178 sqft 0.23 AC lot

    Each residence has two bedrooms, two bathrooms, and a private two-car garage.

    View details
    5-Unit Apartment Building with Carports
    5-Unit Apartment Building with Carports

    1801 38th St, Lubbock, TX 79412

    $435,000
    5,443 sqft

    Vinyl-sided apartment property with open-plan interiors, varied flooring, professional management, and four occupied units.

    View details
    Vacant Quadplex with Courtyard
    Vacant Quadplex with Courtyard

    1316 65th Drive, Lubbock, TX 79412

    $190,000
    4,079 sqft 0.30 AC lot

    Vacant quadplex with balconies, courtyard space, driveway parking, and a combination of brick veneer and wood siding.

    View details
    Apartment Building with Short-Term Rental Units
    Apartment Building with Short-Term Rental Units

    2123 15th St, Lubbock, TX 79401

    $550,000
    7,768 sqft

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

    View details
    Duplex with Attached Garages
    Duplex with Attached Garages

    5609 Brownfield Drive, Lubbock, TX 79414

    $165,000
    1,926 sqft 0.25 AC lot

    Two occupied residences provide flexible month-to-month leasing arrangements and current rental income.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    3404 25th St, Lubbock, TX 79410

    $1,575,000
    11,170 sqft

    All units are leased and feature private balconies, in-unit laundry, and refrigerators.

    View details
    Vacant Quadplex with Courtyard
    Vacant Quadplex with Courtyard

    1314 65th Drive, Lubbock, TX 79412

    $189,000
    4,079 sqft 0.29 AC lot

    Four residential units include balcony space, a courtyard, driveway parking, and a mix of existing improvements.

    View details
    RV Park Property
    RV Park Property

    2203 Woodrow Road, Lubbock, TX 79423

    $650,000
    3,168 sqft

    RV park property offered for sale on Woodrow Road in Lubbock.

    View details
    Duplex with In-Place Tenants
    Duplex with In-Place Tenants

    3110 109th Street, Lubbock, TX 79423

    $325,000
    3,186 sqft 0.17 AC lot

    Two separately leased residences offer open layouts, garages, and private outdoor space.

    View details
    Not finding what you need? Try buying leads tailored to your intent and find the right opportunities before everyone else. Get Leads

    Lubbock, TX Multifamily Properties Market Trends and Statistics

    Explore 256 multifamily properties for sale in Lubbock, TX, showcased through 256 active listings on our real estate platform. These investment opportunities span a total of 768,469 square feet of properties for sale, with an estimated market value of $91,531,772.

    Sale prices for multifamily properties in Lubbock, TX start at $55,000, averaging $367,597, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 193
    Triplexes 17
    Apartment buildings 16
    Quadplexes 16
    Mobile home & RV parks 5

    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 average listing prices of real estate assets

    Neighborhood Average Price
    79415 $157.2K
    79414 $165K
    79404 $202.2K
    79412 $204.8K
    79413 $227.7K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Lubbock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lubbock County

    Office

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Lubbock, TX

    Popular Searches in Lubbock, TX

    Popular Categories

    Most Searched ZIP Codes in Lubbock, TX

    • 79423
    • 79412
    • 79407
    • 79401
    • 79416
    • 79411
    • 79413
    • 79404
    • 79403
    • 79415
    • 79410
    • 79424

    Featured Lubbock Real Estate Agencies

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

    Coldwell Banker Trusted Advisors
    4924 S Loop 289 Lubbock, TX 79414
    Phone: 18067843222
    www.cblubbock.com
    LMAX LP
    4703 S. Loop 289 Lubbock, TX 79424
    Phone: 18067994200
    www.remaxlubbock.com
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!