This week’s lineup features a dual-duplex package listed 37% below tax value, with one side already cash-flowing and the other primed for a high-ROI rehab.
Also on deck: a fully leased fourplex offering turnkey returns around 8–10% with zero lease-up risk.
Then a family-sized townhome quad running 13% below assessed value and packed with parking and rental demand.
And finally, a coastal-style duplex flip priced 28% under tax value, offering a low-entry path to double-digit yield potential.
Free readers get the Dual-Duplex Discount breakdown.
Paid subscribers get all four foreclosure plays.
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Distressed Deals of The Week
🏚️ Dual-Duplex Discount
$120,000 ask on 6-bed/4-bath two-duplex setup + one side fully leased + other side needs full rehab.
37% below tax value with 12% yield as-is.
💸 Turnkey College Quad
$375,000 ask on 8-bed/8-bath fourplex + 2004 build fully leased + HOA pool access.
Steady 8–10% yield with zero lease-up risk.
🏘️ Family District Fourplex
$470,000 ask on 12-bed/8-bath townhome quad + fully occupied + 8-car parking.
13% below tax value and strong renter demand.
🌊 Coastal Duplex Flip
$174,900 ask on 4-bed/2-bath up/down duplex + 28% below tax value + large lot for expansion.
Low-entry rehab with 10–12% yield potential.
2112 Avenue O, Lubbock, TX 79411
$120,000 | 6 beds | Duplex/Multi-family | 2,862 sqft
🏚️ Bank-owned foreclosure offering 2 duplexes on one lot in Lubbock.
One duplex (2/1 per side) is fully leased at $600/side, while the second duplex (1/1 per side) needs complete remodel.
Listed 41.5% below its June 2025 asking price and 37% below tax assessed value at $42/sqft.
💡 Pro Tip:
Historic low: Listed at $225K in May 2025, now 47% below peak
One duplex already cash-flowing at $1,200/month combined
Large 7,840 sqft lot provides expansion potential
Tax value at $190K suggests significant equity opportunity
💰 Financial Snapshot
Est. Market Value: No Zestimate available
Current Ask: $120,000
Peak Listing: $225,000 (May 2025)
Tax Assessed Value: $190,915
Layout: 6 bed/4 bath total (2/1+2/1+1/1+1/1 configuration)
Building Size: 2,862 sqft (Duplex 1: 1,679 sqft | Duplex 2: 1,183 sqft)
Lot Size: 7,840 sqft
Year Built: 1960
Price per Sq Ft: $42
Rent Zestimate: $894/mo (likely understated given current $1,200/mo income)
Current Gross Yield: 12% (based on $1,200/mo from one duplex only)
Annual Taxes: $2,741
⚠️ Heads Up
Second duplex may need complete remodel
Asbestos materials noted in construction
Older HVAC (wall/window units, wall furnace)
Must verify actual unit configurations with appraisal district
🏆 Best For:
Value-add investors comfortable with rehab projects
Cash flow seekers (one unit already producing)
Investors seeking below-market entry points
Why it works:
Immediate income from operating duplex covers carrying costs while rehabbing second unit. At $42/sqft vs $67/sqft tax value, there’s built-in equity.
Full stabilization at market rents could yield 15%+ returns with strong appreciation potential given 37% discount to assessed value.