2302 40th Street, Lubbock, TX 79412
2302 40th Street, Lubbock, TX 79412
2302 40th Street, Lubbock, TX 79412
2302 40th Street, Lubbock, TX 79412
2302 40th Street, Lubbock, TX 79412
2302 40th Street, Lubbock, TX 79412
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$ 150,000
Est. payment | /mo

4 Beds

2 Baths

1,586 SqFt


Save
$ 150,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,586 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,586 sqft

Price per Sqft $94

MLS Listing ID 202609061

Bedrooms 4

Full Baths 2

Year Built 1975

Annual Tax Amount $2,340

Lot Size 8,056 Sqft

Acres 0.19

Property Sub-Type Duplex

Source Lubbock Association of REALTORS®

Property Description

Excellent opportunity just off University Avenue for investors seeking a fully leased duplex in Lubbock's high-demand rental market. Both Unit A and Unit B are leased at $749 per month, providing immediate rental income from day one. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Conveniently located just minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this property offers stable cash flow and a prime location with strong long-term investment potential.

Location

State TX

County Lubbock

Area 2

Rooms

Basement Basement

Interior

Interior Features Ceiling Fan(s), Storage

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Vinyl

Appliance Electric Oven

Exterior

Parking Features Concrete

Fence Fenced

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition

Building

Lot Description Back Yard, City Lot, Landscaped

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Brown

Middle Schools Slaton

High Schools Monterey

Others

Tax ID R30270

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Realty

Nearby Locations

Laura Johnson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2302 40th Street