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    Amarillo Fourplex: Investor Opportunity
    Updated: May 26
    Amarillo Fourplex: Investor Opportunity

    1224 SW 11TH Avenue, Amarillo, TX 79101

    $305,000
    3,752 sqft
    Immediate cash flow with all four units currently leased.
    Prime value‑add opportunity with mostly cosmetic improvements needed.
    Convenient location minutes from downtown Amarillo in a high‑demand rental area.
    Features a mix of two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units.
    New roof installed in 2018.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1224 SW 11TH Avenue, Amarillo, TX 79101

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $355K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1954
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    Apartment Building with 55 Units
    Updated: Jun 10
    Apartment Building with 55 Units

    3020 SW 27th Avenue, Amarillo, TX 79109

    $3,550,000
    9,600 sqft
    Immediate upside potential with below‑market rents.
    Prime SW Amarillo location near major amenities.
    55‑unit multifamily property with a mix of 1‑bed/1‑bath and 2‑bed/1‑bath units.
    Amarillo's strong economic outlook.
    Recent upgrades demonstrate potential for rent growth.
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    Well-Maintained Mobile Home & RV Park
    Well-Maintained Mobile Home & RV Park

    10507 BROADWAY Drive, Amarillo, TX 79108

    $459,000
    728 sqft 2.00 AC lot

    Mobile home park with RV spaces, gravel drives, and community storm shelter on a compact, well-kept site.

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    Updated Quadplex Income Property
    Updated Quadplex Income Property

    1000 SW 11th Avenue, Amarillo, TX 79101

    $425,000
    4,240 sqft

    Updated quadplex with three leased 1-bedroom units and one vacant 3-bedroom unit, with fenced yard and separate metering.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multifamily Value-Add Opportunity in Amarillo
    Multifamily Value-Add Opportunity in Amarillo

    4101 REPUBLIC AVE, Amarillo, TX 79109

    $2,700,000
    22,080 sqft

    Class C multifamily property with income stream and upside potential.

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    Two-Home Income Property
    Two-Home Income Property

    2004 7TH Avenue, Canyon, TX 79015

    $385,000
    1,356 sqft

    Two independent residences offer 3 bed/2 bath and 2 bed/2 bath layouts with garages and outdoor patio space.

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    Duplex with Two 3-Bedroom Units
    Duplex with Two 3-Bedroom Units

    1405 NW 10TH Avenue, Amarillo, TX 79107

    $254,900
    1,993 sqft 0.16 AC lot

    Two-unit duplex featuring matching 3-bedroom, 2-bath layouts with solid surface flooring and included kitchen appliances.

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    Three-Bedroom Duplex Income Property
    Three-Bedroom Duplex Income Property

    1326 NW 10TH Avenue, Amarillo, TX 79107

    $249,900
    1,993 sqft

    Duplex with two units, each featuring three bedrooms, two bathrooms, and solid surface flooring throughout.

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    2022 Duplex with Two 3BR Units
    2022 Duplex with Two 3BR Units

    1423 NW 16TH Avenue, Amarillo, TX 79107

    $259,900
    1,993 sqft 0.17 AC lot

    Duplex built in 2022 offering two 3-bedroom, two-bath units with solid surface flooring and in-unit kitchen appliances.

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    2022 Duplex with Two 3BR Units
    2022 Duplex with Two 3BR Units

    1421 NW 16TH Avenue, Amarillo, TX 79107

    $254,900
    1,993 sqft

    Newer duplex built in 2022 with two 3-bedroom, 2-bath units, solid-surface flooring, and in-unit laundry hookups.

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    Remodeled Fourplex Investment
    Remodeled Fourplex Investment

    701 Southwest 15th Avenue, Amarillo, TX 79101

    $449,000
    3,696 sqft

    Four income-producing units with three remodeled interiors, offering a straightforward residential income setup for investors.

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    Duplex-Style Residential Income
    Duplex-Style Residential Income

    2217 PEACH TREE Street, Amarillo, TX 79109

    $310,000
    3,038 sqft

    Two separate living units each with a single-car garage, with a 2-bedroom/1-bath front and 3-bedroom/3-bath rear layout.

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    Fully Occupied Duplex For Sale
    Fully Occupied Duplex For Sale

    1104 S WESTERN Street, Amarillo, TX 79106

    $165,000
    320 sqft

    Duplex property in Amarillo is completely occupied and ready for new ownership.

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    Multifamily Portfolio in Amarillo, Texas
    Multifamily Portfolio in Amarillo, Texas

    402 South Rusk Street, Amarillo, TX 79106

    $1,600,000
    672 sqft

    Portfolio of 15 properties in Amarillo, Texas for sale.

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    Duplex Built in 2022
    Duplex Built in 2022

    1437 NW 17TH Avenue, Amarillo, TX 79107

    $239,900
    1,993 sqft

    Built in 2022, this duplex features two 3-bedroom, 2-bath units with solid surface flooring and in-hall utility space.

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    Updated Exterior 4-Plex Opportunity
    Updated Exterior 4-Plex Opportunity

    404 N LINCOLN, Amarillo, TX 79107

    $110,000
    3,226 sqft 0.19 AC lot

    Four-plex foundation with newly updated siding and windows, offered with interior taken to studs for a custom rebuild.

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    Remodeled Back Duplex Home
    Remodeled Back Duplex Home

    926 South Crockett Street, Amarillo, TX 79102

    $249,900
    1,189 sqft

    Duplex with a large front 3-bedroom home and a fully remodeled back 2-bedroom unit with separate utilities.

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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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    Two-Sided Duplex with Central A/C
    Two-Sided Duplex with Central A/C

    1940 Howard Drive, Amarillo, TX 79106

    $227,500
    2,160 sqft

    Duplex with two 2-bedroom, 1-bath units, each with central H&A and in-unit washer/dryer hookups.

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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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    Mobile Home Park with Expansion
    Mobile Home Park with Expansion

    22700 City Lake Rd, Canyon, TX 79015

    Contact for pricing
    9,610 sqft

    9-lot mobile home park with expansion potential in Canyon, Texas.

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    Amarillo Triplex Investment Opportunity
    Amarillo Triplex Investment Opportunity

    106 NE 11th Avenue, Amarillo, TX 79107

    $135,000
    1,320 sqft

    Triplex in Amarillo, Texas with updated plumbing and electrical.

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    3BR/2BA Duplex for Investment
    3BR/2BA Duplex for Investment

    29 Southridge Drive, Canyon, TX 79015

    $349,900
    3,214 sqft

    Duplex residence offering 3 bedrooms and 2 bathrooms with income-oriented potential in Canyon.

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    Two-Unit Duplex on Corner Lot
    Two-Unit Duplex on Corner Lot

    500 9th Avenue, Canyon, TX 79015

    $179,000
    1,734 sqft

    Duplex with two separately rented two-bedroom, one-bath units on a corner lot.

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    Randall County, TX Multifamily Properties Market Trends and Statistics

    Explore 56 multifamily properties for sale in Randall County, TX, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 287,395 square feet of properties for sale, with an estimated market value of $55,929,900.

    Sale prices for multifamily properties in Randall County, TX start at $70,000, averaging $1,242,886, 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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