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    Lubbock, TX Quadplexes for Sale

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    Occupied Four-Unit Investment Property
    Updated: Jul 1
    Occupied Four-Unit Investment Property

    7405 Waco Avenue, Lubbock, TX 79423

    $299,900
    3,048 sqft 0.24 AC lot
    Four‑unit quadplex with 3,048 square feet
    100% occupied and professionally managed
    Built in 1983 on a 0.24‑acre lot
    Eight bedrooms and four bathrooms
    Near University Avenue and South Loop 289
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    This listing looks promising.

    Here's a quick look at some key insights for

    7405 Waco Avenue, Lubbock, TX 79423

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $393K
      Above asking

    • Property Type

      Duplex
      Built 1983
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    Four-Unit Quadplex with Balconies
    Updated: Jun 24
    Four-Unit Quadplex with Balconies

    5827 6th Street, Lubbock, TX 79416

    $490,000
    4,924 sqft 0.23 AC lot
    Four units, each with a 3‑bedroom, 2‑bath floor plan
    4,924 square feet on 0.23 acres
    Private balcony included with each unit
    Oversized attached 2‑car garage
    Built in 2004 with brick construction
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    Brick Quadplex with Off-Street Parking
    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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    Vacant Quadplex With Courtyard
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

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    New Four-Unit Townhome Building
    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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    Vacant Quadplex with Courtyard
    Vacant Quadplex with Courtyard

    1314 65th Drive, Lubbock, TX 79412

    $199,900
    4,079 sqft 0.29 AC lot

    Vacant multifamily property with balconies, a courtyard, and public water and sewer service.

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    Quadplex with Fireplace
    Quadplex with Fireplace

    7401 Avenue X, Lubbock, TX 79423

    $299,900
    3,102 sqft 0.25 AC lot

    Professionally managed quadplex on a fenced lot with parking lot space, built in 1981, and natural gas heating.

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    Four-Unit Quadplex
    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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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    5845 7th Street, Lubbock, TX 79416

    $485,000
    4,924 sqft 0.27 AC lot

    Fully occupied four-unit property with three-bedroom layouts, private garages, and public utilities.

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    Vacant Quadplex
    Vacant Quadplex

    1314 65th Dr, Lubbock, TX 79412

    $199,900
    4,079 sqft

    Four-unit multifamily property currently offered with all units vacant for immediate repositioning or occupancy.

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    Brick Quadplex with Carports
    Brick Quadplex with Carports

    1349 65th Drive, Lubbock, TX 79412

    $178,990
    5,500 sqft 0.33 AC lot

    Four-unit residential property with central heating, central air conditioning, and carport parking.

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    New Construction Quadplex
    New Construction Quadplex

    7030-7036 41st Street, Lubbock, TX 79407

    $895,000
    5,974 sqft 0.33 AC lot

    Four townhome residences offer open layouts, private yards, and granite countertops.

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    Professionally Managed Quadplex
    Professionally Managed Quadplex

    7401 Avenue X, Lubbock, TX 79423

    $299,900
    3,102 sqft

    Four-unit residential income property with two-bedroom layouts, selective updates, and professional management.

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    Two-Quadplex Multifamily Package
    Two-Quadplex Multifamily Package

    922 44th Street, Lubbock, TX 79412

    $425,000
    600 sqft 0.30 AC lot

    Multifamily package with eight units across two adjacent quadplexes and six currently leased units.

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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    5839 7th Street, Lubbock, TX 79416

    $490,000
    4,924 sqft 0.26 AC lot

    Matching three-bedroom layouts include private balconies, pantry storage, and attached garage parking in Frenship ISD.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1345 65th Dr, Lubbock, TX 79412

    $259,000
    5,500 sqft

    Multifamily property with two three-bedroom units and two two-bedroom units.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    7405 Avenue X, Lubbock, TX 79423

    $309,900
    5,364 sqft 0.24 AC lot

    Four-unit quadplex with two bedrooms and two bathrooms per unit, built in 1983 with central heating and cooling.

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    Two-Quadplex Multifamily Package
    Two-Quadplex Multifamily Package

    922 44th St, Lubbock, TX 79412

    $425,000
    600 sqft

    Two adjacent quadplexes totaling eight units, with six units currently leased and 75% occupied.

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    Quadplex with Carports
    Quadplex with Carports

    6501 Avenue R, Lubbock, TX 79412

    $290,000
    3,952 sqft 0.42 AC lot

    Quadplex built in brick with four 2/1/1 units, each with a carport and central HVAC.

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    Quadplex with Four 2-Bed Units
    Quadplex with Four 2-Bed Units

    7407 Avenue X, Lubbock, TX 79423

    $329,000
    3,808 sqft

    Four-unit quadplex features 2-bedroom, 1-bath layouts in each unit and is currently generating $3,070/month gross rent.

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    Brick Quadplex with Carports
    Brick Quadplex with Carports

    7407 Avenue X, Lubbock, TX 79423

    $329,000
    3,808 sqft 0.25 AC lot

    Four occupied apartments offer a compact residential income configuration with central heating and cooling and individual two-bedroom layouts.

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    Professionally Managed Quadplex
    Professionally Managed Quadplex

    7405 Waco Ave, Lubbock, TX 79423

    $299,900
    3,048 sqft

    Four residential units near University Avenue with access to South Loop 289, Texas Tech, restaurants, and shopping.

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    Four-Unit Quadplex Under Construction
    Four-Unit Quadplex Under Construction

    7038 41st Street, Lubbock, TX 79407

    $895,000
    5,974 sqft

    Brick construction with central heating and cooling supports a four-unit residential configuration.

    View details

    Lubbock, TX Quadplexes Market Trends and Statistics

    Explore 33 quadplexes for sale in Lubbock, TX, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 131,923 square feet of properties for sale, with an estimated market value of $12,420,290.

    Sale prices for four-unit buildings in Lubbock, TX start at $178,990, averaging $443,581, and reaching up to $895,000 — 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

    Commercial property segments ranked by active listings on the market

    Duplexes 178
    Quadplexes 33
    Apartment buildings 27
    Triplexes 15
    Mobile home & RV parks 7

    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
    79412 $263.6K
    79423 $309.6K
    79416 $489K
    79407 $862K

    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

    Residential Income

    Property Size Breakdown

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

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    Popular Searches in Lubbock, TX

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    Most Searched ZIP Codes in Lubbock, TX

    • 79412
    • 79407
    • 79423
    • 79416

    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

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