Parkway-Cherry Point Multifamily Homes & Duplexes for Sale

/6
$99,950
- 6 Beds
- 2 Baths
- 2,263 Sq Ft
1710 E Dartmouth St, Lubbock, TX 79403

Discover this duplex located in Lubbock, Texas. Each unit features a spacious layout with 3 bedrooms and 1 bathroom. Currently, both side are rented offering an opportunity for an investor looking to maximize their returns.

Tiray Simpson Milestone Realty Group

1710 E Dartmouth St, Lubbock, TX 79403
Explore Parkway-Cherry Point
/19
$115,000
- 3 Beds
- 2 Baths
- 1,152 Sq Ft
3421 E Bates St, Lubbock, TX 79403

This 3-bedroom, 2-bath home with a 1-car garage is a prime opportunity for investors looking for immediate cash flow and long-term value. The property features renter-friendly finishes designed for durability and easy maintenance—ideal for minimizing turnover costs. Located in a high-demand rental area, this home is a low-hassle addition to any portfolio. Don't forget the potential tax benefits

Madison Teague Modern Day Living RE LLC

3421 E Bates St, Lubbock, TX 79403
/19
$115,000
- 3 Beds
- 2 Baths
- 1,156 Sq Ft
214 Guava Ave, Lubbock, TX 79403

This 3-bedroom, 2-bath home with a 1-car garage is a prime opportunity for investors looking for immediate cash flow and long-term value. The property features renter-friendly finishes designed for durability and easy maintenance—ideal for minimizing turnover costs. Located in a high-demand rental area, this home is a low-hassle addition to any portfolio. Don't forget the potential tax benefits

Madison Teague Modern Day Living RE LLC

214 Guava Ave, Lubbock, TX 79403
/2
$100,000
- 4 Beds
- 2 Baths
- 1,660 Sq Ft
2723 E 2nd St, Lubbock, TX 79403

Investor-ready duplex in a high-demand rental corridor! This traditional-style, 1,660 sq ft duplex features two mirror-image 2-bedroom, 1-bathroom units with a shared garage between. Situated on a spacious 7,950 sq ft lot, each side offers a functional layout, tile flooring throughout, and ample natural light. Both units include eat-in kitchens with updated white cabinetry. While the property has

Jacob Goodner West Sage, REALTORS

2723 E 2nd St, Lubbock, TX 79403
/2
$100,000
- 4 Beds
- 2 Baths
- 1,660 Sq Ft
2721 E 2nd St, Lubbock, TX 79403

Investor-ready duplex in a high-demand rental corridor! This traditional-style, 1,660 sq ft duplex features two mirror-image 2-bedroom, 1-bathroom units with a shared garage between. Situated on a spacious 7,950 sq ft lot, each side offers a functional layout, tile flooring throughout, and ample natural light. Both units include eat-in kitchens with updated white cabinetry. While the property has

Jacob Goodner West Sage, REALTORS

2721 E 2nd St, Lubbock, TX 79403
/2
$100,000
- 4 Beds
- 2 Baths
- 1,660 Sq Ft
2719 E 2nd St, Lubbock, TX 79403

Investor-ready duplex in a high-demand rental corridor! This traditional-style, 1,660 sq ft duplex features two mirror-image 2-bedroom, 1-bathroom units with a shared garage between. Situated on a spacious 7,950 sq ft lot, each side offers a functional layout, tile flooring throughout, and ample natural light. Both units include eat-in kitchens with updated white cabinetry. While the property has

Jacob Goodner West Sage, REALTORS

2719 E 2nd St, Lubbock, TX 79403
/2
$100,000
- 4 Beds
- 2 Baths
- 1,660 Sq Ft
2717 E 2nd St, Lubbock, TX 79403

Investor-ready duplex in a high-demand rental corridor! This traditional-style, 1,660 sq ft duplex features two mirror-image 2-bedroom, 1-bathroom units with a shared garage between. Situated on a spacious 7,950 sq ft lot, each side offers a functional layout, tile flooring throughout, and ample natural light. Both units include eat-in kitchens with updated white cabinetry. While the property has

Jacob Goodner West Sage, REALTORS

2717 E 2nd St, Lubbock, TX 79403

Texas Lubbock County Lubbock Parkway-Cherry Point

Why Live in Parkway-Cherry Point

Parkway-Cherry Point in northeast Lubbock is a growing neighborhood with a mix of modest, affordable homes, many built in the last decade. The area is attracting developers due to its open land and opportunities. Homes are primarily single-story bungalows, with some available through affordable housing programs. The neighborhood is bordered by two major thoroughfares and Mackenzie Park, a 200-acre space featuring equestrian trails, a disc golf course, a dog park, and the Meadowbrook Canyon Creek Golf Club, which is set for a revamp. Prairie Dog Town, located within the park, offers a unique attraction with its sanctuary for black-tailed prairie dogs. The FiberMax Center for Discovery museum highlights Lubbock's agricultural heritage with interactive exhibits. While shopping options within the neighborhood are limited to a United Supermarkets and a few smaller plazas, residents can find more dining and shopping options nearby. Polibertos Taco Shop is a local favorite for Mexican cuisine. The TJ Patterson Branch Library serves the community, named after Lubbock's first black city council member. Students attend schools in the Lubbock Independent School District, with the highly rated Talkington School for Young Women Leaders located in the neighborhood. Parkway-Cherry Point is 3 miles east of downtown Lubbock, with convenient access to the Marsha Sharpe Freeway and Martin Luther King Jr. Drive. The University Medical Center is 6 miles away, Texas Tech University is 5 miles, and Lubbock Preston Smith International Airport is 4 miles north. The neighborhood has a low crime risk compared to the national average, making it a practical choice for families and first-time homebuyers.

Learn more about living in Parkway-Cherry Point

Home Trends in Parkway-Cherry Point, TX

On average, homes in Parkway-Cherry Point, Lubbock sell after 73 days on the market compared to the national average of 52 days. The median sale price for homes in Parkway-Cherry Point, Lubbock over the last 12 months is $110,000, down 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$110,000

Median Single Family Sale Price

$108,499

Average Price Per Sq Ft

$95

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

14.70

Median List Price

$115,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-5%

How to Buy a Home How to Finance a Home How to Sell a Home

In Parkway-Cherry Point, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $99,950 to $115,000, there's something for every budget. As of September, 2025 the median home price in Parkway-Cherry Point, Lubbock is $115,000, while the average sale price is $121,278, providing insight into local market trends. On average, multi-family homes spend 73 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Parkway-Cherry Point, Lubbock.

Parkway-Cherry Point Types of Homes for Sale

Parkway-Cherry Point Homes for Sale

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Lubbock County Homes for Sale

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