Three-Unit Residential Income
1018 Merchant Street Abilene, TX 79603
New
1018 Merchant Street, Abilene, TX, 79603
$250,000
For Sale
Under Contract
$250,000
MULTI_FAMILY - Abilene, TX
Lot Size0.22 Acres
Days on Market6
Property Features for 1018 Merchant Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3
- Parking
- 4
- Parking features
- Driveway
- Interior features
- CableTv
- Standard status
- Active Under Contract
- APN
- 39954
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- LAKESIDE ADDN, BLOCK 2, LOT 4
- Tax Annual Amount
- 3975
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
Listing Agency
Coldwell Banker Apex, REALTORS
(325) 690-4000
Plano, TX
Listed by
Chad Chaney · License #0588387
(972) 208-8797
Added: Jul 13 Checked: Jul 18 at 6:06 am
MLS# 21286246
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tri-plex offers three separate residential units under one roof, configured as one 3-bedroom, 1-bath home with parking in the front, along with two additional 2-bedroom, 1-bath units. Access to the two rear units is provided via the alley, creating a practical separation of entry points for the property’s layout. The property is currently income producing, with leases in place on a month-to-month basis.
The building is located at 1018 Merchant Street in Abilene, Texas. The site supports a straightforward arrangement of front parking for the primary unit and alley access for the two rear units, which can help simplify day-to-day vehicle and tenant access.
For investors seeking a small residential income asset, this property’s current occupancy and month-to-month lease structure may offer flexibility for future rent management. Tenants or owner-occupants may also find value in the live-in-and-rent arrangement potential created by the mix of unit sizes, including a larger 3-bedroom unit paired with two 2-bedroom units.
The building is located at 1018 Merchant Street in Abilene, Texas. The site supports a straightforward arrangement of front parking for the primary unit and alley access for the two rear units, which can help simplify day-to-day vehicle and tenant access.
For investors seeking a small residential income asset, this property’s current occupancy and month-to-month lease structure may offer flexibility for future rent management. Tenants or owner-occupants may also find value in the live-in-and-rent arrangement potential created by the mix of unit sizes, including a larger 3-bedroom unit paired with two 2-bedroom units.
Key Highlights
- Tri‑plex with one 3‑bedroom, 1‑bath unit plus two 2‑bedroom, 1‑bath units accessed by the alley
- Month‑to‑month leases in place and currently income producing
- Central heating and central air conditioning with electric (heating) and electric cooling
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income-producing tri-plex with front parking and alley-accessed units, available with month-to-month leases.
Where is this triplex located?
The property is located at 1018 Merchant Street Abilene, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Tri‑plex with one 3‑bedroom, 1‑bath unit plus two 2‑bedroom, 1‑bath units accessed by the alley; Month‑to‑month leases in place and currently income producing; Central heating and central air conditioning with electric (heating) and electric cooling
