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    Lubbock, TX Triplexes for Sale

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    3-Unit Triplex
    Updated: Jul 10
    3-Unit Triplex

    302 Avenue U, Lubbock, TX 79415

    $170,000
    1,865 sqft 0.16 AC lot
    One 2‑bedroom/1‑bath unit plus two 1‑bedroom/1‑bath units
    0.16‑acre lot with 1,865 square feet
    Built in 1951
    Central heating and central air
    Vinyl flooring and ceiling fan(s)
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    This listing looks promising.

    Here's a quick look at some key insights for

    302 Avenue U, Lubbock, TX 79415

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $216K
      Above asking

    • Property Type

      Duplex
      Built 1951
    View Property Analytics
    Remodeled Triplex Property
    Updated: Aug 4
    Remodeled Triplex Property

    2123 21st Street, Lubbock, TX 79411

    $175,000
    1,816 sqft 0.16 AC lot
    Three‑unit triplex configuration
    Full remodel completed in 2024
    1,816 square feet on 0.16 acres
    Apartment A‑1 zoning
    All 3 units leased
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    Newer Triplex Townhome Package
    Newer Triplex Townhome Package

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

    $625,000
    4,653 sqft 0.23 AC lot

    Side-by-side townhome units are fully leased and feature garages, granite counters, fenced yards, and vinyl plank flooring.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with Separate Entrances
    Triplex with Separate Entrances

    3809 36th Street, Lubbock, TX 79413

    $235,000
    1,630 sqft 0.17 AC lot

    Triplex built in 2023 with electric heating and cooling, driveway parking, and three bedrooms configured as a front apartment plus two back rentals.

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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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    Three-Unit Triplex Property
    Three-Unit Triplex Property

    1901 15th Street, Lubbock, TX 79401

    $225,815
    2,209 sqft 0.15 AC lot

    Three separate residences with central heating, air conditioning, and on-street parking.

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

    3005 35th Street, Lubbock, TX 79413

    $172,000
    532 sqft 0.19 AC lot

    Income property with supplied kitchen appliances, wall heating, and window cooling units.

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    Renovated Triplex with Three Units
    Renovated Triplex with Three Units

    2201 23rd st, Lubbock, TX 79411

    $194,000
    0.20 AC lot

    Renovated three-unit property with a two-bedroom front home and rear duplex configuration.

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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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    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 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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    Office
    Office

    12016 University Ave, Lubbock, TX 79423

    $2,500,000
    57.30 AC lot

    Ranches · 57.30 Acres

    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 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.

    Three-Unit Townhome Triplex
    Three-Unit Townhome Triplex

    9310 Arboledas Dr, Gardendale, TX 79758

    $949,900
    5,319 sqft 2.09 AC lot

    Vacant residences offer separate electric metering, well water, and septic service.

    View details
    Newly Built 3-Unit Triplex
    Newly Built 3-Unit Triplex

    2516 E 14th Street, Clovis, NM 88101

    Contact for pricing
    2,450 sqft

    Three matching residences feature modern finishes, full appliances, and private laundry equipment within each unit.

    View details
    Three-Unit Triplex Townhomes
    Three-Unit Triplex Townhomes

    9310 Arboledas Dr, Gardendale, TX 79758

    $949,900
    5,319 sqft 2.09 AC lot

    Freestanding three-townhome triplex on a 2.092-acre lot with separate utilities, vacant and sold as-is with seller no repairs.

    View details
    3-Unit Triplex Property
    3-Unit Triplex Property

    1032 Mockingbird Lane, Clovis, NM 88101

    Contact for pricing

    Residential income property with a three-unit configuration in Clovis.

    View details

    Lubbock, TX Triplexes Market Trends and Statistics

    Explore 14 triplexes for sale in Lubbock, TX, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 25,247 square feet of properties for sale, with an estimated market value of $5,749,630.

    Sale prices for three-family homes in Lubbock, TX start at $170,000, averaging $410,687, and reaching up to $2,500,000 — 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
    79415 $170K
    79411 $181.3K
    79413 $203.5K
    79401 $225.8K
    79403 $225.8K

    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

    • 79411
    • 79413
    • 79415
    • 79423
    • 79401
    • 79407

    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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