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About This Home
This 5-bedroom, 3-bathroom residential multi family at 7404 Avenue W in Lubbock, TX is listed for $158,000 ($69 per sqft). Built in 1978, the home offers 2,287 sqft of living space on a 0.16 acres lot.
7404 Ave W Recently renovated, turnkey duplex, exceeding the 1% rule. This property has just undergone approximately $12,000 in recent renovations, minimizing near term capital expenses. Unit A offers 2 bedrooms and 1 bath and is currently vacant; previously rented for $825/month, offering the new owner flexibility to lease or owner-occupy.
Unit B offers 3 bedrooms and 2 baths and is currently rented for $900/month. With in-place income and upside through lease-up, this well-maintained duplex is ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC.
The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7402 Ave W located next door.
Key Features
- Built in 1978
- 0.16 acre lot
Property Details
Amenities
Monthly Cost Estimate
$845/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7404 Avenue W
Lubbock, TX 79423
Property Details
Construction
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 7404 Avenue W is listed at $158,000 ($69/sqft). The estimated monthly payment is $685 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.16 acre lot.
This property is listed by Jeremias Torres and can be reached at 8062040492 or jt79245@gmail.com.
