Three-Unit Residential Income
1018 Merchant Street, Abilene, TX 79603
New
- Added:
- May 31, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 1018 Merchant Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 4
- Parking
- 4
- Parking features
- Driveway
- Interior features
- CableTv
- Standard status
- Active
- 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
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
Listing agent Chad Chaney License #0588387 (972) 208-8797
Listing office Coldwell Banker Apex, REALTORS Plano, TX (325) 690-4000
Listing date May 31, 2026
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.
HighLights
- Tri‑plex with 3‑bedroom/1‑bath unit and two 2‑bedroom/1‑bath units
- Two of the 2‑bedroom/1‑bath units are accessed via the alley
- Month‑to‑month leases; property is currently income producing
- Central heating and central air with electric HVAC
- Frame construction with composition roof
- Public water and public sewer; driveway parking at the front
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.743009
- Latitude
- 32.461257
Nearby Similar for Sale
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 3‑bedroom/1‑bath unit and two 2‑bedroom/1‑bath units; Two of the 2‑bedroom/1‑bath units are accessed via the alley; Month‑to‑month leases; property is currently income producing
