7404 Avenue W, Lubbock, TX 79423

About this home

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.