About This Home

This 27-bedroom, 20-bathroom residential multi family at 8302 Raleigh Avenue in Lubbock, TX is listed for $1,400,000 ($102 per sqft). Built in 1994, the home offers 13,710 sqft of living space on a 0.69 acres lot.

Key Features

  • Built in 1994
  • 0.69 acre lot
  • Fireplace

Property Details

1 story
20 full
20-car garage
1994

Amenities

FireplaceA/C
Listing Description

Here is a wonderful opportunity to acquire a beautiful package of income producing duplexes, that are fully occupied, producing healthy income, and easy to manage. There are a total of 5 Duplex units available here on Raleigh Ave in South Lubbock. These units have seen improvement over the years and are in phenomenal shape.

It is tough to find duplexes that you can by so close together! The seller is open to selling all as two smaller packages, or adding these units with the package of 4 duplexes on 96th St for a total of 18 units for $2.6M. If you are looking for a few more, the seller has a some single family homes that can be sold also. 1031's welcome. Let's put a deal together!

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

8302 Raleigh Avenue

Lubbock, TX 79424

Property Details

Construction

Brick

Parking

Garage

Heating

Central

Cooling

Central Air

Questions & Answers

This 27-bedroom, 20-bathroom residential multi family at 8302 Raleigh Avenue is listed at $1,400,000 ($102/sqft). The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994, 0.69 acre lot, Fireplace.

This property is listed by Jarrett Thornton.

JT

Jarrett Thornton

License 0726551

Agent at Jarrett Thornton

Listed by Jarrett Thornton · Broker phone: 8067816740 · View on Broker Site

MLS# 202614072· Source: Lubbock Association of Realtors· 16 days on PropertySimple

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8302 Raleigh Avenue, Lubbock, TX 79424

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