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Wheelock & Monterey (WHAM) Multifamily Homes & Duplexes for Sale

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  • 4602 Belton Ave, Lubbock, TX 79413
    4602 Belton Ave, Lubbock, TX 79413
    4602 Belton Ave, Lubbock, TX 79413
    /13

    $124,000

    • 4 Beds
    • 2 Baths
    • 1,450 Sq Ft

    4602 Belton Ave, Lubbock, TX 79413

    This affordable duplex, perfectly situated off 50th and Indiana, is an exceptional find for investors looking to expand their portfolio. Both units are fully leased, generating a steady monthly rental income of $1,338. Each unit features two bedrooms and one bath, offering tenants both comfort and convenience. With its prime location near Texas Tech University, major hospitals, and key

    Houston Garrett Keller Williams Realty

    4602 Belton Ave, Lubbock, TX 79413
  • 2506 40th St, Lubbock, TX 79413
    2506 40th St, Lubbock, TX 79413
    2506 40th St, Lubbock, TX 79413
    /36

    $140,000

    • 3 Beds
    • 2 Baths
    • 1,041 Sq Ft

    2506 40th St, Lubbock, TX 79413

    Welcome to 2506 40th Street, a versatile income-producing property in the heart of Lubbock! This gem features a 2 bed / 1 bath main house PLUS an efficiency apartment on the west side, giving you two rentable units on one lot. Steady Cash Flow Locked In - Both units are leased through July 2026, with the main house bringing in $1,000/mo and the efficiency unit at $500/mo. That's

    Justin Waddell Wise Cardinal Realty

    2506 40th St, Lubbock, TX 79413
  • 3 PROPERTY PACKAGE 37th 25th 65th, Lubbock, TX 79413
    3 PROPERTY PACKAGE 37th 25th 65th, Lubbock, TX 79413
    3 PROPERTY PACKAGE 37th 25th 65th, Lubbock, TX 79413
    /20

    $339,000

    • 6 Beds
    • 4 Baths
    • 3,609 Sq Ft

    3 PROPERTY PACKAGE 37th 25th 65th, Lubbock, TX 79413

    This package can be sold together or individually. All three properties are rented out and the total rent is $3,250 per month.

    Josh Barrett Progressive Properties

    3 PROPERTY PACKAGE 37th 25th 65th, Lubbock, TX 79413
Texas Lubbock County Lubbock Wheelock & Monterey (WHAM)

Multi-Family Homes & Duplexes for Sale in Wheelock & Monterey (WHAM), Lubbock

Why Live in Wheelock & Monterey (WHAM)
Near the center of Lubbock, Wheelock & Monterey offers larger homes with convenient access to the rest of the city’s attractions. “It’s an older, well-established neighborhood featuring large ranch-style homes with tons of character and charm,” says ...
Learn more about living in Wheelock & Monterey (WHAM)

Home Trends in Wheelock & Monterey (WHAM), TX

On average, homes in Wheelock & Monterey (WHAM), Lubbock sell after 48 days on the market compared to the national average of 52 days. The median sale price for homes in Wheelock & Monterey (WHAM), Lubbock over the last 12 months is $160,000, up 21% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$155,500
Median Townhouse Sale Price
$146,000
Average Price Per Sq Ft
$102
Number of Homes for Sale
29
Last 12 months Home Sales
73
Months of Supply
4.80
Median List Price
$160,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
21%
How to Buy a Home How to Finance a Home How to Sell a Home

In Wheelock & Monterey (WHAM), there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $124,000 to $339,000, there's something for every budget. As of September, 2025 the median home price in Wheelock & Monterey (WHAM), Lubbock is $160,000, while the average sale price is $172,484, providing insight into local market trends. On average, multi-family homes spend 48 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 Wheelock & Monterey (WHAM), Lubbock.

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