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7401 Avenue X
Lubbock, TX 79423
Multifamily Property For Sale · 4 Units

Executive Summary

Fully occupied and professionally managed, this quadplex in South Lubbock offers a turnkey investment opportunity with $2,625/month in current rents. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7405 Ave X and 7405 Waco Ave.

Property Facts

Price Per Unit $107,965 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.25 AC
Building Size 3,634 SF
Average Occupancy 100%
No. Stories 1
Year Built 1981
Parking Ratio 2.75/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -

Property Taxes

Property Taxes

Parcel Number
R82786
Land Assessment
$7,337 CAD
Improvements Assessment
$280,610 CAD
Total Assessment
$287,948 CAD
  • Listing ID: 38440350

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 7401 Avenue X, Lubbock, TX 79423

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