Occupied Triplex with
For Sale
$215,000
2130 S 2nd Street B, Abilene, TX 79605
Fully leased three-unit property with in-place kitchen and laundry appliances throughout.
Property Size2,086 SF
Price / SF$103.07
Days on Market233
Property Features for 2130 S 2nd Street B
General Information
Standard status
Active
Size
2,086 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Sayles Blvd Area
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$24,000
Building Details
Year Built
1933
Listing Agency:
Barnett & Hill
Listed By:
Mitch Barnett · License #0574772
(325) 677-3500
Source:
Tonyaharbin
Added: Mar 13
Changed: Oct 26
Last Checked: Oct 5 at 11:25PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully occupied triplex at 2130 South 2nd Street contains three residential units totaling 2,086 square feet. The unit mix includes a two-bedroom, one-bath residence of approximately 800 SF, plus two one-bedroom, one-bath units measuring approximately 600 SF and 575 square feet. Each unit includes a refrigerator, stove, washer, and dryer. The property was built in 1933 and has window unit cooling, along with electric, natural gas, space heater, and wall furnace heating features.
Key Highlights
- Fully occupied triplex with 3 residential units
- 2,086‑square‑foot property built in 1933
- Unit mix includes 2‑bedroom and 1‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,295
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,900
$345.9K
Cap Rate 7%
$247,071
$247.1K
Cap Rate 9%
$192,167
$192.2K
Market Conditions
NOI Build-Up for 2,086 SF
Gross rent
$26.3K $12.60/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$24.7K $11.84/SF
− OpEx
−$7.4K −$3.55/SF
NOI
$17.3K $8.29/SF
Area
Abilene, TX
Vacancy
6.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,900
Cap Rate 7%
$247,071
Cap Rate 9%
$192,167
Alternative Uses
Best Use
Multifamily LT 5
$247.1K
$216.2K – $288.3K
NOI $17,295 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$228.6K
$200.0K – $266.7K
NOI $16,003 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$465.7K
$407.5K – $543.4K
NOI $32,602 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
Demographics for 79605, TX
30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Fully leased three-unit property with in-place kitchen and laundry appliances throughout.
Where is this triplex located?
The property is located at 2130 S 2nd Street B Abilene, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully occupied triplex with 3 residential units; 2,086‑square‑foot property built in 1933; Unit mix includes 2‑bedroom and 1‑bedroom residences
