TX
Lubbock
Lubbock
79415
3308 2nd Street
3308 2nd Street, Lubbock, TX 79415
Share Listing
Listing Type
Multi Family
Listing Status
active
28
$1,200,000

Home Details for 3308 2nd Street

Price
$1,200,000
Type
Residential Income
Bedrooms
3
Bathrooms
2.0
Square feet
1088
Year built
1947
Lot size acres
0.15
County
Lubbock
Garage
Days on site
142
MLS Listing#
202557064
Property Description

Price Reduction by 7.45% making this portfolio even better. Turn-key 18-Door SFR Portfolio Step into instant cash flow with this rare package of 18 single-family homes—14 already leased at market rents and collectively outperforming the coveted 1 % rule. This portfolio delivers steady income today and clear upside tomorrow. Why investors like you will love it - Strong, Stable Rent: Long-term tenants in place, maintained to neighborhood standards, and managed by 32:18 Management—who will gladly stay on for a seamless hand-off. Plug-and-Play Operation: Existing systems, leases, and rent roll mean you collect cash from Day 1. Built-in Value-Add: All homes sit in solid C-class sub markets and are in functional condition: enjoy immediate returns now, then unlock more equity with targeted upgrades as schedules and budgets allow. Balanced Risk: Spread across multiple blocks, reducing vacancy exposure while keeping management efficient. Investor-Friendly Numbers: At or above the 1 % rule, this package works for BRRRR, buy-and-hold, or 1031-exchange strategies. Seller will provide full rent roll, maintenance history, and recent improvement list upon request. Properties convey **as-is**; inspections welcome. Expand your portfolio with 18 proven performers—schedule your walk-through and financial review today!

Property Features
  • Cooling Information
    • Central Air
    • Multi Units
  • Heating Information
    • Central
  • Parking
    • Driveway
Listing Courtesy: Keller Williams Realty - 806-771-7710
Presented by: Felicia Estrada
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lubbock Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Lubbock Association of REALTORS®. All Rights Reserved.
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EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Dan Schwertner
Sales Representative
Office
806 771 3900
Agent
575 302 4462
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