312 E 34th Street, Lubbock, TX 79404

Lubbock
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
312 E 34th Street,Lubbock, TX 79404
$285,000
  • 23 Beds
  • 10 Baths
  • 10,568 sq. ft.
  • Multi-family
  • Active
Listed by: tomas rodriguez
Office: southern magnolia real estate
MLS#:202603089
Source:TX_LAR

Price summary

  • Price:$285,000
  • Price per sq. ft.:$26.97

About this home

Investment Opportunity: Multi-Family Value-Add Portfolio Unlock the Potential of this Diamond in the Rough For the visionary investor, this multi-family package offers the rare chance to revitalize a unique property and create something truly impactful. Located at 312 E 34th, this assembly of homes is the definition of a "value-add" investment, offering immediate rental potential alongside significant long-term upside. Property Highlights: Five Individual 1-Bedroom Houses: These standalone units are nearly rent-ready. With minor finishing touches, they are projected to command between $600-$700 per month each, providing an immediate and steady starting cash flow. One Duplex: A versatile structure currently requiring rehab. Once restored, this duplex will significantly increase the door count and monthly yield of the portfolio. Large Sierra Trails Apartment Building: The centerpiece of the investment, this substantial building spans over 7,600 sq. ft. While it requires a more...

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Home facts

  • Year built:1955
  • Listing ID #:202603089
  • Added:45 day(s) ago
  • Updated:April 24, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:tile
  • Living area:10,568 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1955
  • Building area:10,568 sq. ft.
  • Lot area:0.97 Acres

Schools

  • High school:Estacado
  • Middle school:Dunbar College Preparatory Academy
  • Elementary school:Ervin

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$285,000
  • Price per sq. ft.:$26.97
  • Tax amount:$3,266
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