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Duplex with Brand-New HVAC

849 Grape Street Abilene, TX 79601

849 Grape Street, Abilene, TX, 79601
$250,000
For Sale
$250,000

MULTI_FAMILY - Abilene, TX

Lot Size0.30 Acres
Days on Market191

Property Features for 849 Grape Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
Parking
6
Parking features
Carport
Interior features
DecorativeDesignerLightingFixtures
Appliances
Dishwasher, ElectricRange
Standard status
Active
APN
45747
Lot size
0.30 Acres

Taxes and HOA fees

Tax Description
N 40 FT LT 16 & ALL LT 17 181 2 ANDERSON ABL
Tax Annual Amount
2652

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public

Building Details

Year built
1924
Floors in Building
2
Number of units
2
Flooring type
Wood
Building materials
VinylSiding
Roof type
Composition
Listing Agency Hatchett & Co. Real Estate
Abilene, TX
Listed by Lisa Rosenbaum · License #0619347
Added: Jan 11 Updated: Jul 10 at 10:35 pm Checked: Jul 21 at 1:06 am
MLS# 21127616 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.


Investment Insights

Based on property information with market context.

This duplex offers two separate living units with large, spacious rooms and hardwood floors. The property needs a little work, but it is rentable as-is. Recent improvements include brand-new HVAC along with recent foundation work, supporting a solid base for long-term operations.

Currently, one apartment is leased for $1,500 per month. The main home has been staged for short-term rentals with estimated income of $3,000 per month, though it has not been rented yet due to delay in scheduling the foundation work. Reported annual gross income reflects an estimate if both units were leased, and the revenue figures are described as guesstimated because prior records were not available at the time of takeover. Buyers should verify measurements and all information.

With an in-place unit producing current rent and the other home positioned for short-term rental use, the property may appeal to investors seeking a value-add play after light improvements and final operational timing. The combination of recent HVAC and foundation work can also be attractive for an owner-occupant or buyer considering future rental expansion based on confirmed performance.

Key Highlights

  • 4‑bedroom home built in 1924 with multiple bathrooms (Bathroom 1–3) and wood flooring throughout
  • Two‑unit income setup: currently renting apartment for $1,500/month; annual gross income shown if both units were leased
  • Heating and cooling include central air and electric HVAC, plus ceiling fans

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Pharmacy (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-located duplex with large, hardwood-floored rooms, brand-new HVAC, and recent foundation work for immediate rental income potential.
Where is this duplex located?
The property is located at 849 Grape 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: 4‑bedroom home built in 1924 with multiple bathrooms (Bathroom 1–3) and wood flooring throughout; Two‑unit income setup: currently renting apartment for $1,500/month; annual gross income shown if both units were leased; Heating and cooling include central air and electric HVAC, plus ceiling fans
Contact an agent
More about this property
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