Advertise
    Wichita Falls, TX
    Multifamily

    Wichita Falls, TX Multifamily Properties for Sale

    Notify Me
    List
    Map
    Iowa Park, TX Dean, TX Burkburnett, TX Holliday, TX Petrolia, TX Byers, TX Henrietta, TX Electra, TX
    Renovated Duplex Ready for Occupancy
    Updated: Apr 30, 2025
    Renovated Duplex Ready for Occupancy

    1608 Lucile Avenue, Wichita Falls, TX 76301

    $210,000
    1,915 sqft
    Completely renovated duplex with modern finishes
    Turn‑key property suitable for investment, owner‑occupancy, or rental
    Two units offer flexibility for buyers and tenants
    Seller is motivated and open to negotiating a split sale
    New flooring, fresh paint, updated cabinetry, and sleek countertops
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1608 Lucile Avenue, Wichita Falls, TX 76301

    View Property Analytics

    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $247K
      Above asking

    • Property Type

      Duplex
      Built 1914
    View Property Analytics
    Converted Historic Apartment Building
    Updated: Jul 8
    Converted Historic Apartment Building

    1912 11TH STREET, Wichita Falls, TX 76301

    $3,700,000
    49,135 sqft
    Alamo School Lofts in Wichita Falls, TX: 40 apartments converted from the historic Alamo Elementary School
    Unique floor plans with stainless appliances and granite tops
    Built‑in in‑unit washer/dryers
    Pet‑friendly community with gated access, covered parking, and storage
    Units are separately metered
    View details
    10-Unit Apartment Building with Covered Parking
    10-Unit Apartment Building with Covered Parking

    1109 HARRISON STREET, Wichita Falls, TX 76309

    $699,995
    9,424 sqft

    Nine of ten units are occupied, with covered parking and separately metered electric and gas services.

    View details
    Six-Unit Apartment Complex with Garages
    Six-Unit Apartment Complex with Garages

    908 DENVER STREET, Wichita Falls, TX 76301

    $399,999
    6,124 sqft

    Six one-bedroom units with in-unit washer/dryer hookups, garages, and an adjacent lot for potential expansion.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Duplex with Full Renovation
    Duplex with Full Renovation

    1608 Lucile Avenue, Wichita Falls, TX 76301

    $210,000
    0.21 AC lot

    Move-in-ready duplex with updated interiors, designed for strong rental appeal or flexible owner-occupancy.

    View details
    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 5 Active listings in Wichita Falls, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income Producing Tiny Home Investment
    Income Producing Tiny Home Investment

    509 Ussery Street, Bowie, TX 76230

    $1,300,000
    392 sqft

    Income-producing tiny home investment property with land for development.

    View details
    Ringgold Quadplex Investment Opportunity
    Ringgold Quadplex Investment Opportunity

    160 Third Street, Ringgold, TX 76261

    $299,999
    560 sqft

    Quadplex in Ringgold, TX, with all units currently leased.

    View details
    Quadplex Investment Property
    Quadplex Investment Property

    160 Third Street, Ringgold, TX 76261

    $299,999
    0.28 AC lot

    Four leased residential units offer immediate rental income potential in a quality, spray-foamed construction build.

    View details
    Tiny Home Income Property
    Tiny Home Income Property

    509 Ussery Street, Bowie, TX 76230

    $1,300,000
    5.97 AC lot

    Rented and leased tiny homes with additional platted land and utilities ready for further development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Along Highway Corridor
    Development Land Along Highway Corridor

    E Hwy 287, Wichita Falls, TX 76302

    $1,100,945
    65.15 AC lot

    Development-ready acreage near Highway 287 with a water main and utility services nearby to support future projects.

    View details
    River-Through Commercial Development Land
    River-Through Commercial Development Land

    18.22 S Hwy 148, Henrietta, TX 76365

    $91,100
    18.22 AC lot

    River-running acreage with direct state-highway access offers high-visibility potential for destination, retail, or event-oriented concepts.

    View details
    Tiny Home Income Property
    Tiny Home Income Property

    509 Ussery Street, Bowie, TX 76230

    $1,300,000
    5.97 AC lot

    Nine tiny homes are currently rented under lease, with an additional mobile home available.

    View details
    80 Acres in Lawton, OK
    80 Acres in Lawton, OK

    SW 82nd & Lee Blvd, Lawton, OK 73505

    $560,000
    80.00 AC lot

    80-acre tract ideal for development in Lawton, Oklahoma.

    View details

    Off-Market Properties in Wichita Falls, TX

    Consider similar Off-Market properties in Wichita Falls, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3210 Old Iowa Park Rd
    MOBILE HOME PARK, TRAILER PARK

    3210 Old Iowa Park Rd, Wichita Falls, TX 76306-6851

    Value Estimation by Request
    3,229 sqft 4.78 AC lot
    View details
    3125 9th St
    MOBILE HOME PARK, TRAILER PARK

    3125 9th St, Wichita Falls, TX 76301-3824

    Value Estimation by Request
    360 sqft 2.15 AC lot
    View details
    2812 City Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    2812 City Vw Dr, Wichita Falls, TX 76306-4528

    $730,000
    Estimated value
    1,500 sqft 39.00 AC lot
    View details
    3900 Lenore Dr
    MOBILE HOME PARK, TRAILER PARK

    3900 Lenore Dr, Wichita Falls, TX 76306-1803

    $915,000
    Estimated value
    2,516 sqft 38.28 AC lot
    View details
    3208 Old Iowa Park Rd
    MOBILE HOME PARK, TRAILER PARK

    3208 Old Iowa Park Rd, Wichita Falls, TX 76306-6836

    Value Estimation by Request
    1,444 sqft 5.00 AC lot
    View details
    3130 9th St
    MOBILE HOME PARK, TRAILER PARK

    3130 9th St, Wichita Falls, TX 76301

    Value Estimation by Request
    392 sqft 2.64 AC lot
    View details
    6907 Seymour Hwy
    MOBILE HOME PARK, TRAILER PARK

    6907 Seymour Hwy, Wichita Falls, TX 76310-6611

    Value Estimation by Request
    1,648 sqft 4.76 AC lot
    View details
    2900 Holliday Rd
    MOBILE HOME PARK, TRAILER PARK

    2900 Holliday Rd, Wichita Falls, TX 76302-1515

    Value Estimation by Request
    484 sqft 3.09 AC lot
    View details
    1311 1St St
    Multifamily properties

    1311 1St St, Wichita Falls, TX 76306

    Value Estimation by Request
    22,500 sqft
    View details
    3405 Sheppard Access Rd
    MOBILE HOME PARK, TRAILER PARK

    3405 Sheppard Access Rd, Wichita Falls, TX 76306

    Value Estimation by Request
    1,252 sqft 2.31 AC lot
    View details
    2908 Seymour Hwy
    MOBILE HOME PARK, TRAILER PARK

    2908 Seymour Hwy, Wichita Falls, TX 76301

    $650,000
    Estimated value
    8,300 sqft 4.00 AC lot
    View details
    2701 Saramy St
    MOBILE HOME PARK, TRAILER PARK

    2701 Saramy St, Wichita Falls, TX 76306

    $825,000
    Estimated value
    5,200 sqft 18.44 AC lot
    View details
    30 Locke Ln
    MOBILE HOME PARK, TRAILER PARK

    30 Locke Ln, Wichita Falls, TX 76306-4243

    Value Estimation by Request
    1,731 sqft 2.96 AC lot
    View details
    1210 12th Kenley Ave
    MOBILE HOME PARK, TRAILER PARK

    1210 12th Kenley Ave, Wichita Falls, TX 76306-6151

    Value Estimation by Request
    160 sqft 1.11 AC lot
    View details
    300 Central St
    MOBILE HOME PARK, TRAILER PARK

    300 Central St, Wichita Falls, TX 76305

    Value Estimation by Request
    4.88 AC lot
    View details
    2515 Bandera Blvd
    MOBILE HOME PARK, TRAILER PARK

    2515 Bandera Blvd, Wichita Falls, TX 76301

    $650,000
    Estimated value
    1,321 sqft 12.14 AC lot
    View details
    2944 Seymour Hwya
    MOBILE HOME PARK, TRAILER PARK

    2944 Seymour Hwya, Wichita Falls, TX 76301-1801

    $845,000
    Estimated value
    2,400 sqft 23.32 AC lot
    View details

    Wichita Falls, TX Multifamily Properties Market Trends and Statistics

    Explore 22 multifamily properties for sale in Wichita Falls, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 66,598 square feet of properties for sale, with an estimated market value of $5,009,994.

    Sale prices for multifamily properties in Wichita Falls, TX start at $210,000, averaging $1,252,498, and reaching up to $3,700,000 — 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

    Apartment buildings 3
    Duplexes 2

    Demographics Overview

    Population 101K
    Population Growth (5Y) +2.7%
    Median Household Income $61,572
    College Educated 29.8%

    High-Yield Neighborhoods for Investment

    Identify Wichita Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76301 $131.8K
    76309 $231K
    76308 $495K

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wichita County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Wichita Falls fall within the 25,000 to 50,000 square foot range.

    Need Help?

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

    Contact Us

    Popular Searches in Wichita Falls, TX

    Popular Categories

    Most Searched ZIP Codes in Wichita Falls, TX

    • 76301
    • 76309

    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!