Duplex Package - 4419 31st Street, Lubbock, TX 79410

Lubbock
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
Duplex Package - 4419 31st Street,Lubbock, TX 79410
$1,250,000
  • 32 Beds
  • 16 Baths
  • 2,048 sq. ft.
  • Multi-family
  • Active
Listed by: cole whisenhunt
Office: keller williams realty
MLS#:202601933
Source:TX_LAR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$610.35

About this home

Rare opportunity with 8% cap rate for 8 duplexes/16 doors. NOI of 102k and can provide a cash flow statement of the last 12 months. An opportunity to grab 8 affordable duplexes and gain passive income of 100k a year. These rents average $895 per door. Strengthen your portfolio with properties that have historically rented very quickly being close to Covenant Hospital, Texas Tech University and McCool Academy which is a middle school specialized in arts and science.

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Home facts

  • Year built:1960
  • Listing ID #:202601933
  • Added:80 day(s) ago
  • Updated:May 04, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:32
  • Total bathrooms:16
  • Full bathrooms:16
  • Flooring:vinyl
  • Living area:2,048 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Building area:2,048 sq. ft.
  • Lot area:0.22 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Slab

Schools

  • High school:Coronado
  • Middle school:Mackenzie
  • Elementary school:Overton

Utilities

  • Water:PUBLIC
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$610.35
  • Tax amount:$3,066

Features and amenities

  • Amenities:Blinds

Parking

  • Parking description:Carport
  • Carport spaces:1
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