$1,250,000

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

  • 32 beds |
  • 16 baths |
  • 2,048 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $610/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 12, 2026
Data Last Updated:
March 4, 2026 at 12:38AM
Listing Office:
Keller Williams Realty : 806-771-7710
Listing Agent:
Cole Whisenhunt : 806-438-7987
MLS ID:
202601933
  • Flooring: Vinyl
  • A/C: Other
  • Heating: None
  • General: Private Yard
  • Style: Traditional
  • Parking: Carport
  • Roofing: Composition
  • Windows: Blinds
  • General: BrickSlab
  • Road/Access: City Street
  • Originating MLS: Lubbock Association of REALTORS®
  • County: Lubbock
  • Zoning: Bender Terrace L 10R40410
  • Fencing: Wood
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Lubbock Association of REALTORS®

This listing courtesy of Cole Whisenhunt , Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Overton Elementary School

2902 Louisville Ave, Lubbock, TX, 79410

Grades PK-5

0.74 miles away

M

Mackenzie Middle School

5402 12th St, Lubbock, TX, 79416

Grades 6-8

1.84 miles away

C

Coronado High School

4910 29th Dr, Lubbock, TX, 79410

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.