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.
Sold
Price Unknown
1018 Merchant St, Abilene, TX 79603
7beds
2,814sqft
Triplex, Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Chad Chaney 0588387 325-725-6641,
Coldwell Banker Apex, REALTORS 325-690-4000
Bought with:
Chad Chaney, 0588387
Coldwell Banker Apex, REALTORS
Source: NTREIS,MLS#: 21286246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Other, Cable TV
- Flooring: Other
Interior area
- Total structure area: 2,814
- Total interior livable area: 2,814 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Wood
Lot
- Size: 9,583 Square Feet
- Features: Interior Lot
Details
- Parcel number: 39954
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Resale
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Lakeside Add
HOA
- Has HOA: No
Location
- Region: Abilene
Financial & listing details
- Tax assessed value: $175,397
- Annual tax amount: $3,975
- Date on market: 5/31/2026
- Cumulative days on market: 64 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Sold | -- |
Source: NTREIS #21286246 Report a problem | ||
| 8/13/2026 | Pending sale | $250,000$89/sqft |
Source: NTREIS #21286246 Report a problem | ||
| 8/4/2026 | Contingent | $250,000$89/sqft |
Source: NTREIS #21286246 Report a problem | ||
| 7/22/2026 | Listed for sale | $250,000$89/sqft |
Source: NTREIS #21286246 Report a problem | ||
| 7/13/2026 | Contingent | $250,000$89/sqft |
Source: NTREIS #21286246 Report a problem | ||
| 5/31/2026 | Listed for sale | $250,000+117.4%$89/sqft |
Source: NTREIS #21286246 Report a problem | ||
| 7/14/2015 | Listing removed | $115,000$41/sqft |
Source: Coldwell Banker Panian & Mash Realtors #13146061 Report a problem | ||
| 6/30/2015 | Pending sale | $115,000$41/sqft |
Source: Coldwell Banker Panian and Mash, REALTORS #13146061 Report a problem | ||
| 5/12/2015 | Listed for sale | $115,000-8%$41/sqft |
Source: Coldwell Banker Panian and Mash, REALTORS #13146061 Report a problem | ||
| 1/2/2013 | Listing removed | $650 |
Source: Coldwell Banker Panian & Mash, REALTORS #11858540 Report a problem | ||
| 11/1/2012 | Listed for rent | $650 |
Source: Coldwell Banker Panian & Mash, REALTORS #11858540 Report a problem | ||
| 5/21/2011 | Listing removed | $125,000$44/sqft |
Source: Coldwell Banker Panian and Mash, REALTORS #11540421 Report a problem | ||
| 2/13/2011 | Listed for sale | $125,000+38.9%$44/sqft |
Source: Panian & Mash #11540421 Report a problem | ||
| 3/11/2008 | Listing removed | $90,000$32/sqft |
Source: NCI Report a problem | ||
| 2/1/2008 | Listed for sale | $90,000$32/sqft |
Source: NCI Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,975 +1.5% | $175,397 +3.1% |
| 2024 | $3,915 +3.5% | $170,093 +3.7% |
| 2023 | $3,782 +4.1% | $164,076 +14.7% |
| 2022 | $3,632 | $143,053 +3.9% |
| 2021 | -- | $137,623 +12.6% |
| 2020 | $3,296 +1.6% | $122,207 +3.3% |
| 2019 | $3,244 +9.9% | $118,275 +1.6% |
| 2018 | $2,953 | $116,426 +1.6% |
| 2017 | $2,953 +10.4% | $114,621 +6.5% |
| 2016 | $2,674 +1.8% | $107,581 -0.1% |
| 2015 | $2,626 | $107,644 -0.7% |
| 2014 | $2,626 | $108,368 -0.1% |
| 2013 | -- | $108,481 +0.3% |
| 2012 | -- | $108,107 -2% |
| 2010 | -- | $110,271 +27.9% |
| 2009 | -- | $86,234 -0.4% |
| 2008 | -- | $86,618 +15.1% |
| 2007 | -- | $75,226 +112.9% |
| 2006 | -- | $35,326 +8.8% |
| 2005 | -- | $32,455 +0.9% |
| 2004 | -- | $32,177 +2.4% |
| 2003 | -- | $31,416 |
Find assessor info on the county website
Neighborhood: Cobb Park
Nearby homes
- $96,2003 bd1 ba1.1k sqft1026 Merchant St, Abilene, TX 79603Off Market
- $21,1411 bd1 ba750 sqft1818 N 10th St, Abilene, TX 79603Off Market
- $174,700-- bd2 ba992 sqft1818 N 10th St, Abilene, TX 79603Off Market
- $100,0002 bd1 ba700 sqft1022 Merchant St, Abilene, TX 79603Off Market
- $59,5001 bd1 ba700 sqft1810 N 10th St, Abilene, TX 79603Off Market
- $88,500-- bd1 ba975 sqft1826 N 10th St, Abilene, TX 79603Off Market
- $108,0002 bd1 ba800 sqft1020 Merchant St, Abilene, TX 79603Off Market
- $171,500-- bd2 ba1.7k sqft1817 N 11th St, Abilene, TX 79603Off Market
Nearby schools
GreatSchools rating
- 3/10Martinez Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Craig Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Abilene High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Martinez
- Middle: Craig
- High: Abilene
- District: Abilene ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Taylor County
- Abilene
- 79603
- Cobb Park
- 1018 Merchant St
