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Listed price in listed location currency (USD).
$349,000

762

MLS® 202613585

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3140 sqft
Garage Yes
Taxes $3,178
Days Active 22
Lot Size 0.48 Acres
Approx. Age 1945
Avg. Price Per Sqft $111
MLS® Number 202613585

Property Address: 1305 S 9th St, Slaton, TX, 79364-6117

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

Description

Fully occupied. All six units were leased as of September 30, 2026. Staggered lease expirations. All six current leases expire between December 2026 and September 2028, so rollover is spread out over time. Affordable, efficient unit mix. Five one-bedroom units (400-500 SF) and one two-bedroom unit (840 SF), with rents from $585 to $899 per month. In-place rents close to market. Current rents are within 2% of market rents on the rent roll. Reported average one-bedroom rent in Slaton was about $648 in December 2024, in line with this property's one-bedroom rents. Convenient location. Slaton sits along U.S. Highway 84, about 15 miles from Lubbock and its employment base. Professionally managed with a full year of documented operating expenses.
MLS® Number202613585
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1945
Basement
DrivewayAdditional Parking, Detached, Garage, Parking Lot
Garage Spaces
HeatOther
A/CCeiling Fan(s)

Extras

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