312 E 34th Street, Lubbock, TX 79404
Local realty services provided by:CENTURY 21 Kearney & Associates
312 E 34th Street,Lubbock, TX 79404
$250,000
- 10 Beds
- 10 Baths
- 10,568 sq. ft.
- Multi-family
- Active
Listed by: tomas rodriguez
Office: southern magnolia real estate
MLS#:202603089
Source:TX_LAR
Price summary
- Price:$250,000
- Price per sq. ft.:$23.66
About this home
Investment Opportunity: Multi-Family Value-Add Portfolio Unlock the Potential of this Diamond in the Rough For the visionary investor, this multi-family package offers the rare chance to revitalize a unique property and create something truly impactful. Located at 312 E 34th, this assembly of homes is the definition of a "value-add" investment, offering immediate rental potential alongside significant long-term upside. Property Highlights: Five Individual 1-Bedroom Houses: These standalone units are nearly rent-ready. With minor finishing touches, they are projected to command between $600-$700 per month each, providing an immediate and steady starting cash flow. One Duplex: A versatile structure currently requiring rehab. Once restored, this duplex will significantly increase the door count and monthly yield of the portfolio. Large Sierra Trails Apartment Building: The centerpiece of the investment, this substantial building spans over 7,600 sq. ft. While it requires a more comprehensive renovation, its scale offers the greatest opportunity for equity growth and high-density rental income. The Opportunity: Offered at $250,000, this Sierra trails portfolio is perfect for an investor looking to build a "buy-and-hold" empire or a developer ready to execute a high-margin "BRRRR" strategy. Don't miss the chance to transform this unique collection of properties into a cornerstone of your portfolio. The footprint is established, the square footage is there, and the upside is waiting for the right buyer. Price: $250,000 Location: 312 E 34th Total Units: 5 Houses + 1 Duplex + 1 Large Apartment Building
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Home facts
- Year built:1955
- Listing ID #:202603089
- Added:1 day(s) ago
- Updated:March 10, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:10
- Flooring:tile
- Living area:10,568 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1955
- Building area:10,568 sq. ft.
- Lot area:0.97 Acres
Schools
- High school:Estacado
- Middle school:Dunbar College Preparatory Academy
- Elementary school:Ervin
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$23.66
- Tax amount:$3,266
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