Duplex with Electric
For Sale
$300,000
2202 And 2204 S 12th St, Abilene, TX 79605
Two residential units offer private yards, separate layouts, and additional workshop space for storage or equipment.
Property Size2,384 SF
Price / SF$125.84
Days on Market79
Property Features for 2202 And 2204 S 12th St
General Information
Standard status
Active
Size
2,384 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
covered carport
workshop
private yards
Building Details
Year Built
1947
Listing Agency:
RE/MAX Big Country
Listed By:
Kayla Couch · License #0808691
(325) 201-3898
Source:
Tonyaharbin
Added: Aug 5
Changed: Oct 3
Last Checked: Oct 6 at 12:44AM
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 RE/MAX Big Country
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Investment Insights
Based on property information with market context.
Located at 2202 and 2204 S 12th St in Abilene, this duplex contains 2,384 SF across two residential units. Unit 1 includes 3 bedrooms, 2 baths, and 1,664 SF arranged over two stories, with an upper-level living area and bedrooms, plus a lower-level bonus room, bathroom, and laundry room. Unit 2 is a ground-level residence with 2 bedrooms, 1 bath, and 720 SF.
Both units have private yards. Unit 1 includes a fenced yard, covered carport access, and direct entry to a 16' x 40' workshop equipped with electricity. Built in 1947, the property also provides outdoor storage, hobby, or equipment space through the detached workshop.
Both units have private yards. Unit 1 includes a fenced yard, covered carport access, and direct entry to a 16' x 40' workshop equipped with electricity. Built in 1947, the property also provides outdoor storage, hobby, or equipment space through the detached workshop.
Key Highlights
- Two‑unit duplex totaling 2,384 SF
- Unit 1: 3 bedrooms, 2 baths, and 1,664 SF
- Unit 2: 2 bedrooms, 1 bath, and 720 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,765
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,300
$395.3K
Cap Rate 7%
$282,357
$282.4K
Cap Rate 9%
$219,611
$219.6K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$30.0K $12.60/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$28.2K $11.84/SF
− OpEx
−$8.5K −$3.55/SF
NOI
$19.8K $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%
$395,300
Cap Rate 7%
$282,357
Cap Rate 9%
$219,611
Alternative Uses
Best Use
Multifamily LT 5
$282.4K
$247.1K – $329.4K
NOI $19,765 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$261.3K
$228.6K – $304.8K
NOI $18,289 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$532.3K
$465.7K – $621.0K
NOI $37,259 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private yards, separate layouts, and additional workshop space for storage or equipment.
Where is this duplex located?
The property is located at 2202 And 2204 S 12th St 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: Two‑unit duplex totaling 2,384 SF; Unit 1: 3 bedrooms, 2 baths, and 1,664 SF; Unit 2: 2 bedrooms, 1 bath, and 720 SF
