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Tenant-Occupied Triplex
New
For Sale
$300,000

2023 N Willis Street, Abilene, TX 79603

Triplex with two occupied units and one vacant unit, built in 1963, offering flexible leasing or value-add possibilities.

Days on Market3

Property Features for 2023 N Willis Street

General Information

Standard status Active
Property subtype Triplex

Building Details

Year Built 1963
Tenancy Multi
Listing Agency: Barnett & Hill
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 30 at 5:52AM

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 Barnett & Hill

Investment Insights

Based on property information with market context.

This tenant-occupied triplex offers immediate rental income with two occupied units, plus an additional unit currently vacant. The vacant unit provides flexibility for a new lease or renovation to support value enhancement. The property is positioned for buyers looking for residential income with both current cash flow and a clear path to activate the remaining unit.

The triplex is located at 2023 N Willis Street in Abilene, TX 79603. Showings are available by appointment only, and tenants are not to be disturbed.

Built in 1963, the property consists of three residential units and is being offered for sale with the current occupancy configuration in place.

Key Highlights

  • Triplex with two occupied units and one vacant unit
  • Tenant‑occupied property with immediate rental income from two units
  • Vacant unit offers flexibility to lease or renovate and add value

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Building Supply

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 79603, TX

23,746
Population
9,960
Households
2.4
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
59.2 sq mi
ZIP Area
401
Density / Sq Mi
$53,579
Median Household Income
$32,339
Median Earnings
$1,022
Median Rent
$114,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Triplex with two occupied units and one vacant unit, built in 1963, offering flexible leasing or value-add possibilities.
Where is this triplex located?
The property is located at 2023 N Willis Street Abilene, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Triplex with two occupied units and one vacant unit; Tenant‑occupied property with immediate rental income from two units; Vacant unit offers flexibility to lease or renovate and add value
More about this property
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