1604 45th Street, Lubbock, TX 79412
$425,000
Property Type:
Commercial Sale
Square Footage:
15,362
Lot Size (sq. ft.):
21,300
Status:
Active
Current Price:
$425,000
List Date:
8/22/2025
Last Modified:
8/25/2025
Description
Calling all investors and renovators!! Unlock the hidden potential of this multi-family property!! This unbeatable opportunity is just waiting for a DIY enthusiast or a visionary to invest!! This apartment complex has been a great investment for the current owner for over thirty years!! You will not want to miss out on the opportunity to invest in your future and supply housing to people in need!! There are thirteen (13) unit total in this complex and are set in a "u-shape" around a large courtyard for the occupants to enjoy!! Close proximity to Texas Tech University, grocery stores, and easy access to I-27!! With a little TLC this property could be a stunning portfolio asset!! Don't let the potential of this incredible opportunity pass you by! Schedule a walk-through today!!
Supplements: ********
More Information MLS# 202559476
Contract Information
Current Price: $425,000
Original List Price: 425000
List Price: $425,000
Status: Active
Listing Contract Date: 2025-08-22
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Roberson Nanette William N
Occupant Type: Vacant
Availability Date: 2025-08-22
Location Tax and Legal
Street Number: 1604
Street Name: 45th
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79412
Zone: 2
General Property Information
Above Grade Finished Area: 7681
Above Grade Finished Area Source: Public Records
Building Area Total: 15362
Building Area Source: Public Records
Accessibility Features YN: No
Year Built: 1962
Lot Size Acres: 0.49
Lot Size Square Feet: 21300
Lot Size Source: Public Records
Basement YN: No
Stories Total: 1
List Price/Acre: 867346.94
List Price/SqFt: 27.67
Remarks and Miscellaneous
Public Remarks: Calling all investors and renovators!! Unlock the hidden potential of this multi-family property!! This unbeatable opportunity is just waiting for a DIY enthusiast or a visionary to invest!! This apartment complex has been a great investment for the current owner for over thirty years!! You will not want to miss out on the opportunity to invest in your future and supply housing to people in need!! There are thirteen (13) unit total in this complex and are set in a "u-shape" around a large courtyard for the occupants to enjoy!! Close proximity to Texas Tech University, grocery stores, and easy access to I-27!! With a little TLC this property could be a stunning portfolio asset!! Don't let the potential of this incredible opportunity pass you by! Schedule a walk-through today!!
Status Change Information
Major Change Timestamp: 2025-08-22T22:22:13Z
Major Change Type: New Listing
Status Change Timestamp: 2025-08-22
Land Details
Minerals Available: No
Lock Box Information
Lock Box Location: Front door handle of Apartment # 5.
Lock Box Serial Number: 34433108
Showing Information
Showing Attended YN: No
Showing Instructions: The lock box with key is located on the front door knob of Apartment #5. This apartment is vacant. It is the northeast corner of the complex. This will be the only apartment with a lock box and key. If Real Estate agent would like access into another unit, they'll have to contact Listing Agent, Angela Watson. Only vacant apartments will be available to view.
Property Features
Business Type: Real Estate; Rental; Residential
Construction Materials: Brick; Concrete
Cooling: Wall/Window Unit(s)
Fencing: None
Flooring: Tile
Foundation Details: Brick/Mortar; Concrete Perimeter; Slab
Heating: Natural Gas; Wall Furnace
Listing Terms: Cash; Conventional; FHA
Lot Features: Corner Lot; Landscaped; Paved; Level
Parking Features: Alley Access; Asphalt; On Street; Parking Lot; Paved
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Composition
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Electricity
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Showing Considerations: Pet(s) on Premises; See Remarks
Showing Requirements: Appointment Only; Lockbox; No Sign; Text Listing Agent; See Remarks
Documents: Survey
Listing Office: Charles Schulz Realty
Listing Agent: Angela Watson
Last Updated: August - 25 - 2025
Information deemed reliable but not guaranteed.