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Odessa, TX Multifamily Homes & Duplexes for Sale
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$218,000
- 4 Beds
- 1,540 Sq Ft
1314 S Lee Ave Unit 1314 & 1316, Odessa, TX 79761
1314 S Lee Ave Unit 1314 & 1316, Odessa, TX 79761 -
$250,000
- 4 Beds
- 11,860 Sq Ft
517 N Lauderdale Ave, Odessa, TX 79763
517 N Lauderdale Ave, Odessa, TX 79763
About Odessa
The inspiration for the book and hit TV series “Friday Night Lights,” Odessa is about much more than high school football. Together with nearby Midland, the city is the heart of the energy-producing Permian Basin. "It's one of the largest oil-producing regions in the world. The oil and gas industry drives much of its economy,” says Tim Lester, a Realtor with Keller Williams Realty. Many of Odessa’s 115,000 residents work in the Permian Basin energy sector, which supplies more than 40 percent of the country's oil and 20 percent of its natural ga ...
Home Trends in Odessa, TX
On average, homes in Odessa, TX sell after 46 days on the market compared to the national average of 47 days. The average sale price for homes in Odessa, TX over the last 12 months is $294,283, up 5% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$283,225
Median Single Family Price
$289,980
Median Townhouse Price
$210,000
Average Price Per Sq Ft
$156
Number of Homes for Sale
295
Last 12 months Home Sales
1,779
Months of Supply
2.00
Median List Price
$294,900
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
6%
In Odessa, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $218,000 to $800,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Odessa is $294,900, while the average sale price is $294,283, offering insights into the local housing market. On average, multi-family homes spend 46 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to 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 considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Odessa, TX.
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