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Off market
  • $451,600

    1608 59th St, Lubbock, TX 79412

    1beds
    0baths
    5,472sqft
    MultiFamily
    Built in 1972
    -- sqft lot
    $451,600 Zestimate®
    $83/sqft
    $946 Estimated rent

    Home value

    $451,600

    $429,000 - $474,000

    $946/mo

    Zestimate® history
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    $946/mo

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    $3,016/mo

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    $3,016/mo

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    What's special

    Collect $3,800/month OR MORE on this 8 Unit Property In Lubbock TX’s Bayless Atkins neighborhood! Perfect Starter Property • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of most Single Family Homes, you can have 8 income-producing units! PRICED TO MOVE QUICKLY: $235,000 This multifamily property offers multiple money-generating strategies: • Priced to MOVE • Current Occupancy: 100% • CAP Rate on Actuals: 12% • $27,360 actual annual NOI • Perfect small multifamily deal • Value play: Rent Increase! • Nearby Texas Tech University This is an off-market deal that is being offered before it goes to the nationwide market on January 21, 2016. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 806-553-9111 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 806-553-9111 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 5,472 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.27 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1972

    Community & neighborhood

    Location
    • Region: Lubbock

    Price history

    DateEventPrice
    7/6/2026Listing removed$475,000$87/sqft
    Source: LBMLS #202603056 Report a problem
    6/3/2026Price change$475,000-1%$87/sqft
    Source: LBMLS #202603056 Report a problem
    3/10/2026Listed for sale$480,000+37.2%$88/sqft
    Source: LBMLS #202603056 Report a problem
    1/12/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/8/2022Listed for rent$600+33.3%
    Source: Zillow Rental Network Premium Report a problem
    10/11/2021Listing removed--
    Source: LBMLS #202106160 Report a problem
    6/29/2021Contingent$349,900$64/sqft
    Source: LBMLS #202106160 Report a problem
    6/16/2021Listed for sale$349,900+25%$64/sqft
    Source: LBMLS #202106160 Report a problem
    8/25/2020Listing removed$280,000$51/sqft
    Source: Keller Williams Realty #202002579 Report a problem
    3/20/2020Listed for sale$280,000+19.4%$51/sqft
    Source: Keller Williams Realty #202002579 Report a problem
    4/28/2019Listing removed$450
    Source: Zillow Rental Manager Report a problem
    4/19/2019Listed for rent$450
    Source: Zillow Rental Manager Report a problem
    8/29/2018Listing removed$450
    Source: Zillow Rental Manager Report a problem
    7/18/2018Listed for rent$450
    Source: Zillow Rental Manager Report a problem
    4/21/2018Sold--
    Source: Agent Provided Report a problem
    8/30/2017Price change$234,500-0.2%$43/sqft
    Source: Kendra Sutherland, REALTORS #201705024 Report a problem
    7/6/2017Listed for sale$235,000$43/sqft
    Source: Kendra Sutherland, REALTORS #201705024 Report a problem
    7/19/2016Listing removed$235,000$43/sqft
    Source: Owner Report a problem
    1/16/2016Listed for sale$235,000$43/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Baylees-Atkins

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bayless
    • Middle: Atkins
    • High: Lubbock
    • District: Lubbock ISD

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.