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1310 54th Street

Lubbock, TX 79412
  • $395,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 202417063
UPDATED: 36 min ago
$395,000
  • 8
    BEDS
  • 0.33
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,472
    SQFT
  • $72
    $/SQFT
Neighborhood:
2
Type:
Multi-Family
Built:
1972
County:
Area:
2

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!

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© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-08T22:58:43.81.
www.raftercrossrealty.com/homes/158887446
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1310 54th Street Lubbock, TX 79412

  • Price: $395,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 36 min ago
  • MLS #: 202417063
8
Beds
8
Baths
0
½ Baths
0.33
Acres
5,472
SQFT
$72
$/SQFT
1972
Built
Neighborhood:
2
County:
Lubbock
Area:
2
Elementary School:
Hodges
Middle School:
Slaton
High School:
Estacado
School District:
Lubbock Isd
Property Description
Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport Spaces 0 Construction Materials Brick Exterior Features [] Foundation Details [] Parking Features Off StreetOn Street Patio And Porch Features [] Pool Features [] Pool Private YN No Roof Composition Spa Features [] Window Features Double Pane WindowsWindow Coverings

Interior Features

Above Grade Finished Area 5472 Appliances DishwasherElectric OvenElectric RangeRefrigerator Basement [] Basement YN No Common Walls [] Cooling Wall/Window Unit(s) Cooling YN Yes Flooring [] Heating CentralDuctlessElectricOther Heating YN Yes Interior Features Ceiling Fan(s)Walk-In Closet(s) Laundry Features [] Unit Eight Accessibility Features YN No Unit Eight Unit Sq Ft 684 Unit Five Accessibility Features YN No Unit Five Baths Total 1 Unit Five Beds Total 1 Unit Five Unit Sq Ft 684 Unit Four Accessibility Features YN No Unit Four Baths Total 1 Unit Four Beds Total 1 Unit Four Unit Sq Ft 684 Unit One Accessibility Features YN No Unit One Baths Total 1 Unit One Beds Total 1 Unit One Unit Sq Ft 684 Unit Seven Accessibility Features YN No Unit Seven Baths Total 1 Unit Seven Beds Total 1 Unit Seven Unit Sq Ft 684 Unit Six Accessibility Features YN No Unit Six Baths Total 1 Unit Six Beds Total 1 Unit Six Unit Sq Ft 684 Unit Three Accessibility Features YN No Unit Three Baths Total 1 Unit Three Beds Total 1 Unit Three Unit Sq Ft 684 Unit Two Accessibility Features YN No Unit Two Baths Total 1 Unit Two Beds Total 1 Unit Two Unit Sq Ft 684

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Community Features [] Door Features [] Fencing [] Green Energy Generation [] Lease Term Options Month To Month Yes Lease Term Options12 Months Yes Lease Term Options6 Months Yes Lease Term Options9 Months Yes Listing Terms CashConventional Lot Features [] Other Equipment None Other Structures Storage PIDPUDNone Yes Property Condition [] Property Sub Type Multi Family Road Frontage Type [] Road Surface Type Paved Security Features [] Sewer [] Special Listing Conditions Standard Tenant Pays None Utilities Electricity Available Water Source [] Waterfront Features []

Listing provided courtesy of Tiffany Cook of Lubbock Select Realty: 806-696-7700. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-08T22:58:43.81.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
Lovington NM, 88260