Triplex

Lubbock, TX Triplexes for Sale

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6 properties
Lubbock Triplex with Large Units
Updated: Jan 5
Lubbock Triplex with Large Units

1625 County Rd 7340, Lubbock, TX 79423

$475,000
4,490 sqft 0.60 AC lot
3‑unit property built in 2021
All 3 units include large bedrooms and living areas
Each unit has its own laundry room and back patio
Unit A and Unit B are 1‑bedroom units with 1.5 baths and oversized 1‑car garage
Unit C features 3 bedrooms and 2 full baths
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1625 County Rd 7340, Lubbock, TX 79423

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Corner Lot Triplex with Upgrades
Updated: Jun 2
Corner Lot Triplex with Upgrades

2402 26th Street, Lubbock, TX 79411

$179,900
2,297 sqft 0.17 AC lot
3‑unit property with 1‑bedroom, 1‑bath units (each approx. 700–750 SF)
Two units with updated kitchens and baths; both furnished and including the appliances from prior Airbnb leases
Third unit is unfurnished but includes appliances
Corner lot across the street from Carlisle Park, about 7 blocks from Texas Tech University
Stucco exterior with metal roof plus window and mini‑split upgrades
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Three-Unit Residential Income Property
Three-Unit Residential Income Property

3809 36th Street, Lubbock, TX 79413

$235,000
1,630 sqft 0.17 AC lot

Retrofit three-unit layout with separate entrances and parking, configured for a front apartment and two back room rentals.

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Remodeled Triplex Investment Property
Remodeled Triplex Investment Property

2123 21st Street, Lubbock, TX 79411

$175,000
1,816 sqft 0.16 AC lot

A 2024 fully remodeled triplex setup with two rented units and one vacancy, rezoned for triplex use.

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Three-Unit Townhome Package
Three-Unit Townhome Package

5861, 5863, 5865 Virginia Avenue, Lubbock, TX 79407

$625,000
4,653 sqft 0.23 AC lot

Three fully leased townhome units sit side by side, each with three bedrooms, two baths, and a one-car garage.

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Renovated Triplex Income Property
Renovated Triplex Income Property

2201 23rd st, Lubbock, TX 79411

$210,000
0.20 AC lot

Renovated in 2026, this triplex offers a 2-bedroom front unit and two 1-bedroom rear units.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Lubbock, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Recently Built Triplex Community
Recently Built Triplex Community

9310 Arboledas Dr, Gardendale, TX 79758

$949,900
5,319 sqft 2.09 AC lot

Three vacant townhomes in a standalone triplex, sold as-is with utilities on and separate electric meters.

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Standalone Triplex Townhomes
Standalone Triplex Townhomes

9310 Arboledas Dr, Gardendale, TX 79758

$949,900
5,319 sqft 2.09 AC lot

Three recently built townhomes sold as one As-Is package, with utilities on and separate electrical metering.

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Separately Metered Multifamily Income Property
Separately Metered Multifamily Income Property

2826 Pine Street, Abilene, TX 79601

$215,000
0.25 AC lot

Multiple income units include a 2-bedroom home, a garage apartment, and a warehouse, all separately metered.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

1018 Merchant Street, Abilene, TX 79603

$250,000
0.22 AC lot

Income-producing tri-plex with front parking and alley-accessed units, available with month-to-month leases.

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Lubbock, TX Triplexes Market Trends and Statistics

Explore 6 triplexes for sale in Lubbock, TX, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,371 square feet of properties for sale, with an estimated market value of $1,844,900.

Sale prices for three-family homes in Lubbock, TX start at $155,000, averaging $307,483, and reaching up to $625,000 — 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 107
Quadplexes 20
Apartment buildings 13
Triplexes 8
Short term rental properties 4

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
79401 $113.3K
79411 $177.5K
79413 $235K
79423 $475K
79407 $625K

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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