312 E 34 Th St, Lubbock, TX

Name: 312 E 34 Th St, For Sale in Lubbock - Zoocasa
Brand: Southern Magnolia Real Estate
SKU: 202603089
Price: 250000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$250,000

10100

MLS® 202603089

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 10568 sqft

Garage No

Taxes $3,266

Days Active 1

Lot Size 0.97 acres

Approx. Age 1955

Avg. Price Per Sqft $23

MLS® Number 202603089

Property Address: 312 E 34th St, Lubbock, TX, 79404-2220

Average square foot calculated using Size range provided by listing agent.

Description

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

MLS® Number202603089

Laundry Level

Central VacNo

FireplaceNo

Acreage0.97

Exterior

GarageNo

Approx. Age1955

Basement

DrivewayShared Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 9, 2026List Date

$250,000List Price

Map

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