Multi-Family $ 305,000

1224 SW 11TH AVE

Amarillo, TX 79101

  • 1954 Year Built
Investor opportunity in the heart of Amarillo. 1224 SW 11th Ave is a well-maintained fourplex offering immediate cash flow with all four units currently leased. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, creating strong rental appeal and flexibility for a variety of tenants. A new roof was installed in 2018, and the property has been kept in solid overall condition. With mostly cosmetic improvements needed, this is a prime value-add opportunity for investors looking to increase equity and rental potential without taking on major renovations. Conveniently located just minutes from downtown Amarillo, this income-producing property sits in a high-demand rental area with long-term upside.
Listed by Derek Manasco of Real Broker, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 26-3777

    Year Built 1954

    Source Amarillo Association of REALTORS®

  • Location

    State TX

    County Potter

    Area 0101 - Bivins

    Zoning 0100 - NW Amarillo in City Limits

    Direction N on Washington, W on 15th Ave, N on Lipscomb.

  • Building

    Structure Type Frame

  • Interior

    Cooling Electric, Central Air

    Appliance Microwave, Disposal, Dishwasher, Cooktop

  • Exterior

    Roof Type Composition

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