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    1502 N 3Rd St Abilene, TX 79601

    New
    For Sale
    $600,000

    Quadruplex - Abilene, TX

    Type:Quadruplex
    Lot size:
    0.32 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1502 N 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    12
    APN
    34241
    Parking
    10
    Parking features
    On Street
    Interior features
    Cathedral Ceiling(s), Chandelier, Eat-in Kitchen, Vaulted Ceiling(s), Walk-in Closet(s)
    Appliances
    Microwave, Range
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1918
    Floors in Building
    2
    Flooring type
    Carpet, Linoleum
    Building materials
    Plaster
    Roof type
    Flat, Tar/Gravel
    Architectural style
    Other

    Coldwell Banker Apex (972) 208-8797

    Listing agent Celeste Borges (325) 690-4000 License #03135223

    Listing date Dec 4, 2025

    MLS# 21124234 Listing URL

    Copyright © 2025 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.

    Overview

    Abilene Quadruplex: Investor Special

    This property features two buildings, each containing two 1-bedroom, 1-bathroom units and two 2-bedroom, 2-bathroom units. Each unit includes front and back porches. Situated in Abilene, TX, the property is noted as the first apartment building in the city, dating back to 1915, according to the seller. There is a possibility it could be designated as a Historic Property, pending confirmation from the Historical Society. The property, with a lot size of 0.321 acres, is presented as an investor special with significant potential, given the active Abilene rental market. The property includes a total of eight large units available for rent. Appliances are included with the property. While some units may require updates, the property features newer electric and plumbing systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.739329
    Latitude
    32.452224

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    FAQs

    What type of property is this?
    Quadplex - Two buildings with eight units total, great rental potential.
    Where is this quadplex located?
    The property is located at 1502 N 3Rd St Abilene, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Eight total rental units in a hot rental market.; - Newer electric and plumbing systems.; - Appliances included with the property.
    (325) 690-4000
    Request Owner's contact information
    1502 N 3Rd St Abilene, TX 79601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 N 3Rd St Abilene, TX 79601
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