Quadplex Rental Income
502 Cottonwood Street Coleman, TX 76834
502 Cottonwood Street, Coleman, TX, 76834
$169,000
For Sale
$169,000
MULTI_FAMILY - Coleman, TX
Lot Size0.16 Acres
Days on Market46
Property Features for 502 Cottonwood Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 2
- Parking features
- On Street, Garage
- Interior features
- HighSpeedInternet, CableTv
- Standard status
- Active
- APN
- R17477
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- PHILLIPS 2 ADDN TOWN COLEMAN, BLOCK 31, LOT 7
- Tax Annual Amount
- 3155
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Laminate
- Building materials
- Stucco
- Roof type
- Composition
Listing agency
Augusta Realtors
(325) 829-5375
Listed by
Cheyenne Toliver
(325) 829-5375
Added: Jun 8 Updated: Jul 17 at 1:44PM Checked: Jul 23 at 4:06AM
MLS# 21198583
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 fully occupied quadplex is set up for investors seeking immediate income from day one. The property includes four residential units that are currently leased, supporting consistent rental performance and reducing near-term vacancy risk. With a compact footprint on a small lot, the asset is straightforward to manage as part of a broader residential income strategy.
Located in Coleman, Texas, the quadplex is described as being about 45 minutes from Abilene. The offering is positioned as part of a local, small-town rental market. The information also notes the quadplex can be purchased individually or included as part of a larger investment package that references additional duplex listings on S Nueces and N Nueces, supporting the possibility of acquiring multiple income-producing properties in the same area.
For buyers looking for an income-producing multifamily asset, this quadplex fits well as an add-to or starter holding given its current leased status. It may also appeal to investors who want to build exposure to residential income in Coleman without waiting for tenant turnover or lease-up. Brokered as a residential income opportunity, it offers a practical path to maintaining cash flow while expanding an existing portfolio.
Located in Coleman, Texas, the quadplex is described as being about 45 minutes from Abilene. The offering is positioned as part of a local, small-town rental market. The information also notes the quadplex can be purchased individually or included as part of a larger investment package that references additional duplex listings on S Nueces and N Nueces, supporting the possibility of acquiring multiple income-producing properties in the same area.
For buyers looking for an income-producing multifamily asset, this quadplex fits well as an add-to or starter holding given its current leased status. It may also appeal to investors who want to build exposure to residential income in Coleman without waiting for tenant turnover or lease-up. Brokered as a residential income opportunity, it offers a practical path to maintaining cash flow while expanding an existing portfolio.
Key Highlights
- Fully occupied quadplex with all units currently leased
- Year built 1960 quadplex
- Stucco exterior with composition shingle roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Fully occupied quadplex provides immediate rental income in Coleman, with steady demand for long-term investors.
Where is this quadplex located?
The property is located at 502 Cottonwood Street Coleman, TX.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Fully occupied quadplex with all units currently leased; Year built 1960 quadplex; Stucco exterior with composition shingle roof
