TX
Lubbock
Lubbock
79404
312 E 34th Street
312 E 34th Street, Lubbock, TX 79404
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Listing Type
Multi Family
Listing Status
Active
25
$250,000

Home Details for 312 E 34th Street

Price
$250,000
Type
Residential Income
Bedrooms
10
Bathrooms
10.0
Square feet
10568
Year built
1955
Lot size acres
0.97
County
Lubbock
Garage
Days on site
0
MLS Listing#
202603089
Property 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

Property Features
  • Utilities
    • Electricity Available
    • Sewer Connected
    • Water Available
  • Cooling Information
    • Other
  • Heating Information
    • Electric
  • Parking
    • Shared Driveway
School Information
School Information for 312 E 34th Street, Lubbock, TX 79404
Elementary School
Ervin
Middle School
Dunbar College Preparatory Academy
High School
Estacado
Listing Courtesy: Southern Magnolia Real Estate - 806-773-4092
Presented by: Tomas Rodriguez
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 ©2026 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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