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    Three-Unit Residential Income Property Title is generated by Realmo AI

    1018 Merchant Street, Abilene, TX 79603

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    For Sale
    $250,000

    Triplex with one 3-bedroom unit and two 2-bedroom units, currently generating income on month-to-month leases.

    Type:Multi-Family / Triplex
    Property size:
    2,814 SF
    Price / SF:
    $88/SF
    Added:
    May 29, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 5:15 am

    Property Features for 1018 Merchant Street

    General Information

    Standard status
    Active
    Size
    2,814 SF
    Property subtype
    Multi-Family / Triplex

    Building Details

    Year Built
    1946

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    Listing Contact
    Chad Chaney
    Chad Chaney

    Listing agent Chad Chaney License #0588387

    Listing office Coldwell Banker Apex, REALTORS

    Listing date May 29, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, REALTORS

    HighLights

    • 3‑unit triplex: one 3‑bedroom/1‑bath unit and two 2‑bedroom/1‑bath units
    • Month‑to‑month leases in place; property is currently income producing
    • Single‑story (1) frame with siding construction and composition roof
    • Central air and electric central heating; electric cooling and heating
    • Front parking available; additional units are accessed by the alley
    • Fencing: wood; foundation includes pillar/post/pier and slab

    Overview

    This triplex for sale includes three rental units. One unit is a 3-bedroom, 1-bath layout with parking in the front. The other two units are each 2-bedroom, 1-bath, and are accessed via the alley.

    The property is located at 1018 Merchant Street in Abilene, Texas. Parking is provided at the front for the 3-bedroom unit, while the rear units use alley access, creating separate practical entry points for tenants.

    The current tenant setup is income-producing, with leases on a month-to-month basis. This can appeal to an owner seeking a residential income property with multiple unit configurations, plus the flexibility that comes with month-to-month occupancy for the existing leases.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7427142
    Latitude
    32.461224

    FAQs

    What type of property is this?
    Triplex - Triplex with one 3-bedroom unit and two 2-bedroom units, currently generating income on 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: 3‑unit triplex: one 3‑bedroom/1‑bath unit and two 2‑bedroom/1‑bath units; Month‑to‑month leases in place; property is currently income producing; Single‑story (1) frame with siding construction and composition roof
    More about this property
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