$250,000
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1018 Merchant ST Abilene, TX 79603
7 Beds
3 Baths
2,814 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,814 sqft
Price per Sqft $88
Subdivision Lakeside Add
MLS Listing ID 21286246
Sold Date 09/03/26
Bedrooms 7
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1946
Annual Tax Amount $3,975
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Triplex
Property Description
TRIPLEX FOR SALE - Unique income-producing property featuring a 3-bedroom, 1-bath single-family home fronting Merchant St and a rear duplex with two 2-bedroom, 1-bath units accessible via the alley. Located in an up-and-coming area experiencing significant revitalization, with numerous neighboring properties undergoing renovation and improvement.
This property offers multiple investment strategies, including owner-occupancy in the front home while generating rental income from the duplex, or leasing all three units for maximum cash flow. All units are currently occupied and leased on a month-to-month basis, providing flexibility for future plans.
The property includes 1018, 1020, and 1022 Merchant St. Please do not disturb tenants. Showings are available by appointment only.
Location
State TX
County Taylor
Direction From S. 1st and Grape: Drive NORTH on Grape to N. 10th. Turn LEFT on N. 10th. Turn RIGHT on Merchant. 1018 Merchant is on the left. 1020 and 1022 Merchant are in the alley to the West.
Interior
Interior Features Other, Cable TV
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Fireplace No
Exterior
Parking Features Driveway
Fence Wood
Pool None
Utilities Available Electricity Connected, Sewer Available, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 4
Garage No
Private Pool No
Building
Lot Description Interior Lot
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Martinez
Middle Schools Craig
High Schools Abilene
School District Abilene Isd
Others
Tax ID 39954
Financing Conventional
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