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Leased Duplex Investment
For Sale
$185,000

1209 Chestnut Street, Abilene, TX 79602

MULTI_FAMILY - Abilene, TX

Lot Size0.16 Acres
Days on Market16

Property Features for 1209 Chestnut Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Off Street
Interior features CableTv
Appliances Dryer, ElectricRange, Washer
Subdivision Northington
Elementary school Bowie
Middle school Madison
High school Cooper
Elementary school district Abilene ISD
Middle school district Abilene ISD
High school district Abilene ISD
Directions Head north on Chestnut from S 14th st, the property is on your right before getting to S 11th.
Standard status Active
APN N17B
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1935
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials VinylSiding
Roof type Composition
Listing Agency: Barnett & Hill
Listed By: Robert Johnson · License #0766120
Added: Jul 17 Changed: Jul 29 Last Checked: Aug 1 at 12:06AM
MLS# 21152754

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 well-maintained duplex at 1209 Chestnut Street is set up for straightforward rental living, with each side offering its own private entrance and a functional layout. The property is presented as a turn-key investment, with both units currently leased. Per the current leasing arrangement described in the remarks, each unit is rented for $1,200 per month.

Located in Abilene, the duplex is positioned for tenants who want convenient access to everyday amenities and employment. The listing notes proximity to downtown, shopping, dining, and major employers.

For investors, this duplex offers a two-unit residential income setup with occupancy already in place. For owner-occupants, the configuration with separate entrances can support a live-in arrangement while generating rental income from the second unit. The property’s compact lot size and duplex structure may be well suited to buyers looking for a manageable residential income asset within the local Abilene market.

Key Highlights

  • Duplex at 1209 Chestnut St with both units currently leased
  • Current rents are $1,200 per month total from two rented units
  • Each unit has its own private entrance

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 79602, TX

25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two private entrances and both units currently leased, providing immediate rental income.
Where is this duplex located?
The property is located at 1209 Chestnut Street Abilene, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Duplex at 1209 Chestnut St with both units currently leased; Current rents are $1,200 per month total from two rented units; Each unit has its own private entrance
More about this property
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