Commercial Property

Multi Family at 400 Phelps Avenue

400 Phelps Avenue, Littlefield, TX 79339

Tanner Dean Real Estate
Multi Family at 400 Phelps Avenue

About This Property

Prime investment opportunity in the heart of Littlefield! Situated on a high-visibility corner lot along a main thoroughfare, this versatile commercial property offers the perfect blend of business potential and steady income. The front building is ideal for retail, office, or service use, providing excellent exposure and accessibility. In addition, the property features two established residential rental units located at the rear, both currently occupied by long-term tenants, creating immediate and consistent cash flow. Whether you're an investor looking to expand your portfolio or a business owner seeking a live/work opportunity, this property delivers flexibility and value. With multiple income streams and strong location appeal, this is a rare chance to own a mixed-use asset in a growing community. Don't miss this unique opportunity to invest in a property that works for you!

$198,000

For Sale
Square Feet1,375
Lot Size0.07 acres
TypeMulti Family

Listing courtesy of Exit Realty of Lubbock.

Listing information is provided by the Lubbock Association of REALTORS® Internet Data Exchange (IDX) program. Information is deemed reliable but is not guaranteed accurate by the MLS or Tanner Dean. Properties may be listed by brokerages other than Real Broker, LLC. © 2026 Lubbock Association of REALTORS®. All rights reserved.

Last updated 2 days ago.