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    Lubbock, TX Triplexes for Sale

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    Remodeled Three-Unit Property
    Updated: Aug 4
    Remodeled Three-Unit Property

    2123 21st Street, Lubbock, TX 79411

    $175,000
    1,816 sqft 0.16 AC lot
    Three‑unit property with 1,816 SF of building area
    Full remodel completed in 2024
    0.16‑acre lot at 2123 21st Street, Lubbock, TX 79411
    Apartment A‑1 zoning supports triplex use
    All 3 units are leased
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    Triplex with Vacant Unit
    Updated: Sep 22
    Triplex with Vacant Unit

    2201 23rd Street, Lubbock, TX 79411

    $176,000
    1,976 sqft 0.20 AC lot
    Three‑unit residential configuration
    Two units occupied; third unit is vacant
    1,976 square feet of property size
    0.2‑acre lot
    Built in 1947
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    Triplex With Separate Dwellings
    Triplex With Separate Dwellings

    1621 Avenue Y, Lubbock, TX 79401

    $270,000
    2,067 sqft 0.14 AC lot

    Three-unit residential property with a main residence and two efficiency units near Texas Tech.

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    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
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    Remodeled Triplex Near Texas Tech
    Remodeled Triplex Near Texas Tech

    2123 21st St, Lubbock, TX 79411

    $175,000
    1,816 sqft

    Three leased units occupy a fully renovated residential property near Texas Tech.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    3809 36th Street, Lubbock, TX 79413

    $235,000
    1,630 sqft 0.17 AC lot

    Separate entry points and driveway parking support independent access for the three rental areas.

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    Triplex with Patios and Garages
    Triplex with Patios and Garages

    1625 County Rd 7340, Lubbock, TX 79423

    $475,000
    4,490 sqft 0.60 AC lot

    Three distinct residences offer varied layouts, private laundry rooms, and individual back patio space.

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    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
    Triplex with Off-Street Parking
    Triplex with Off-Street Parking

    3005 35th Street, Lubbock, TX 79413

    $172,000
    532 sqft 0.19 AC lot

    The property includes cooking appliances, window cooling, and gas wall heat.

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    Three-Unit Residential Income
    Three-Unit Residential Income

    3809 36th St, Lubbock, TX 79413

    $235,000
    1,630 sqft

    Front apartment and two back room rentals feature separate entrances and parking accessibility.

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    Upgraded Three-Unit Triplex
    Upgraded Three-Unit Triplex

    2122 21st Street, Lubbock, TX 79411

    $155,000
    2,000 sqft 0.16 AC lot

    Three-unit residential income property with varied layouts, off-street parking, and proximity to Texas Tech University.

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    Updated Triplex
    Updated Triplex

    302 Avenue U, Lubbock, TX 79415

    $170,000
    1,865 sqft 0.16 AC lot

    Three-unit residential income property with refreshed interiors, central HVAC, and on-street parking in Lubbock.

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    Updated Triplex
    Updated Triplex

    302 Avenue U, Lubbock, TX 79415

    $170,000
    1,865 sqft

    Three-unit property near Texas Tech with refreshed interiors and a varied unit mix.

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    Three-Unit Income Property
    Three-Unit Income Property

    1621 Avenue Y, Lubbock, TX 79401

    $270,000
    2,067 sqft

    Three separate dwellings combine a primary residence with two occupied efficiency units near Texas Tech.

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    Triplex With Separate Homes
    Triplex With Separate Homes

    1901 15th St, Lubbock, TX 79403

    $225,815
    2,209 sqft

    Three individual residences offer a consistent two-bedroom, one-bathroom configuration across the property.

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    Triplex with Vacant Unit
    Triplex with Vacant Unit

    2201 23rd St, Lubbock, TX 79411

    $176,000
    1,976 sqft

    Two units are occupied, while the third can be leased or used by an owner-occupant.

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    Triplex with Appliances
    Triplex with Appliances

    3005 35th St, Lubbock, TX 79413

    $172,000
    532 sqft

    Income property includes a stove, refrigerator, window air-conditioning units, and a gas wall heater.

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    Updated Three-Unit Triplex
    Updated Three-Unit Triplex

    2122 21st St, Lubbock, TX 79411

    $155,000
    2,000 sqft

    Unit mix includes two two-bedroom apartments and one one-bedroom apartment, each with one bathroom.

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    Triplex Property with Restoration Needs
    Triplex Property with Restoration Needs

    4201 Avenue R, Lubbock, TX 79412

    Contact for pricing

    Corner-lot three-unit property offered as-is after fire damage, with residential and repurposing possibilities.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Lubbock, TX

    Lubbock, TX Triplexes Market Trends and Statistics

    Explore 17 triplexes for sale in Lubbock, TX, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 30,471 square feet of properties for sale, with an estimated market value of $3,406,815.

    Sale prices for three-family homes in Lubbock, TX start at $155,000, averaging $212,925, and reaching up to $475,000 — 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 193
    Quadplexes 18
    Triplexes 17
    Apartment buildings 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
    79411 $170K
    79415 $170K
    79413 $203.5K
    79403 $225.8K
    79401 $270K

    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

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    Browse Triplexes for Sale Near Lubbock, TX

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    Most Searched ZIP Codes in Lubbock, TX

    • 79411
    • 79413
    • 79401
    • 79415
    • 79403
    • 79412
    • 79423

    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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