Duplex with Brand-New
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
(325) 695-7300
Abilene, TX
Listed by
Lisa Rosenbaum · License #0619347
(325) 695-7300
Added: Jan 11 Updated: Jul 10 at 10:35 pm Checked: Jul 21 at 1:06 am
MLS# 21127616
Listing URL
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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.
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
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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