Description
7404 Ave W Recently renovated, turnkey duplex, exceeding the 1% rule. This property has just undergone approximately $12,000 in recent renovations, minimizing near term capital expenses. Unit A offers 2 bedrooms and 1 bath and is currently vacant; previously rented for $825/month, offering the new owner flexibility to lease or owner-occupy. Unit B offers 3 bedrooms and 2 baths and is currently rented for $900/month. With in-place income and upside through lease-up, this well-maintained duplex is ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7402 Ave W located next door.
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5BEDS
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0.16ACRES
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3BATHS
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01/2 BATHS
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2,287SQFT
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$69$/SQFT
School Information
Description
7404 Ave W Recently renovated, turnkey duplex, exceeding the 1% rule. This property has just undergone approximately $12,000 in recent renovations, minimizing near term capital expenses. Unit A offers 2 bedrooms and 1 bath and is currently vacant; previously rented for $825/month, offering the new owner flexibility to lease or owner-occupy. Unit B offers 3 bedrooms and 2 baths and is currently rented for $900/month. With in-place income and upside through lease-up, this well-maintained duplex is ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7402 Ave W located next door.
© 2026 Lubbock Association of REALTORS® MLS. Listing 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. Data last updated: 2026-04-21T23:58:40.75.