Pending

1018 Merchant Street

Abilene, Texas 79603
Mark as Favorite
Bed 7

Bed

Bath 3

Bath

Acres0.22

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 87554454

MLS Id : 563357688

Beds : 7

Lot Size : 0.22 Acre

Tax Amount : 0.00

Year Built : 1946

County : Taylor

Subdivision: Glendover Gardens

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 7

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

    Cable TV Available,Other

    Appliances

    Other

    Utilities

    Alley,City Sewer,City Water,Electricity Connected
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Electric

  • Building Information

    Built Year: 1946 Building Area Total: 2,814 Construction: Frame,Siding Roof Type: Composition
  • Foundation

    Pillar/Post/Pier,Slab
  • Fencing

    Wood

    Construction Materials

    Frame,Siding

  • Lot Information

    Lot Size (Acr): 0.2200 Lot Size Units: Acres Lot Size Square Feet: 9,583 Lot Features: Interior Lot
  • Property Information

    Property Type: Residential Income Property Sub Type: Triplex Subdivision: Lakeside Add City: Abilene State: Texas Directions: 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. Property Status: Pending Levels: One Property Age: 80 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $250,000
  • Listing Information

    Possession: Closing/Funding,Subject to Lease

  • Tax Information

    Parcel Number: 39954 Tax Block: 2 Tax Legal Description: LAKESIDE ADDN, BLOCK 2, LOT 4 Tax Lot: 4 Unexempt Taxes: $3,975

  • Parking Information

    Parking: 4 Parking Features: Driveway
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Martinez Middle School: Craig High School: Abilene School District: Abilene ISD
  • Utility Information

    Utilities: Alley,City Sewer,City Water,Electricity Connected
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1711 N 3rd Street, Abilene, TX, 79603 $225,000 3 3 -- 0.18 Acre
2034 N 14th Street, Abilene, TX, 79603 $168,000 4 2 -- 0.41 Acre
2023 N Willis Street, Abilene, TX, 79603 $300,000 -- -- -- 0.24 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/02/2026 @ 23:29

MLS: 563357688 LISTED BY: Chad Chaney, Coldwell Banker Apex, REALTORS 325-725-6641 SOURCE: NTREIS - North Texas Real Estate Information

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