About this property

Fully leased and cash flowing, this brick duplex at 4425 31st St in Lubbock offers rock-solid returns and minimal management. Both units are 2-bedroom, 1-bath layouts with current leases in place through February 2025 at $925/month each—bringing in a combined $1,850/month and $22,200 annually. With a CAP Rate and ROI of 11.68%, this property is performing at a high level from day one. Tenants enjoy off-street parking, private entrances, and a quiet, centrally located neighborhood just minutes from Texas Tech and just across the street from a school. This duplex is built for long-term holding with strong demand in the area and a reliable tenant history. Priced competitively under market value, it's a smart acquisition for investors looking to scale or stabilize their portfolio. Purchase individually or as part of a complete 6-property income package that includes 6313 23rd St, 6315 24th St, 6210 22nd St, 6212 22nd St, and the neighboring duplex at 4423 31st St. Check them out before they're gone!