Sold

Price Unknown

616 Grand Ave, Abilene, TX 79605

4beds

2,192sqft

Triplex, Multi Family, Multi Family

Built in 1915

-- sqft lot

$-- Zestimate^®

$--/sqft

$4,015 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,015/mo

Zestimate^® history

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What's special

Brand new roofExterior paint

This well maintained triplex offers a fantastic investment opportunity in a prime location near the historic Sayles Blvd. neighborhood. The property features three units, each with current tenants in place. One unit is a 1 bedroom, 1 bath leased through February 2026 another is a 2 bedroom, 1 bath with a lease in place through July and the efficiency unit is leased through June 2025. Currently, the monthly income is $2,050, but there is room for even more based on current rental market value. Even as is, this triplex provides immediate cash flow, making it an ideal addition to any investor's portfolio.The property has recently been updated with a brand new roof installed in 2024 and exterior paint completed in 2021, ensuring minimal maintenance for years to come. All metered separately for electricity. Don't miss out on this opportunity to secure a property with reliable tenants and steady rental income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Oven, Gas Range

Features

High Speed Internet, Cable TV
Flooring: Luxury Vinyl Plank
Number of fireplaces: 1
Fireplace features: Living Room, None

Interior area

Total structure area: 2,192
Total interior livable area: 2,192 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.27 Acres

Details

Parcel number: 31526

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family, Multi Family

Materials

Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Year built: 1915

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available, Cable Available

Community & HOA

Community

Subdivision: Park Heights Abl

HOA

Has HOA: No

Location

Region: Abilene

Financial & listing details

Tax assessed value: $116,239
Annual tax amount: $2,530
Date on market: 5/5/2025
Cumulative days on market: 50 days

Price history

Date	Event	Price
7/28/2025	Sold	--
Source: NTREIS #20913173 Report a problem
7/7/2025	Pending sale	$189,900$87/sqft
Source: NTREIS #20913173 Report a problem
6/14/2025	Contingent	$189,900$87/sqft
Source: NTREIS #20913173 Report a problem
5/5/2025	Listed for sale	$189,900+36071.4%$87/sqft
Source: NTREIS #20913173 Report a problem
3/1/2025	Listing removed	$525
Source: NTREIS #20850325 Report a problem
2/28/2025	Listing removed	$525+5%
Source: Zillow Rentals Report a problem
2/20/2025	Listed for sale	$525-99.4%
Source: NTREIS #20850325 Report a problem
2/26/2021	Listing removed	--
Source: Owner Report a problem
9/30/2020	Listing removed	$500
Source: Owner Report a problem
9/27/2020	Listed for rent	$500+5.3%
Source: Owner Report a problem
11/10/2019	Listing removed	$475
Source: Owner Report a problem
10/29/2019	Price change	$475-5%
Source: Owner Report a problem
10/18/2019	Listed for rent	$500+5.3%
Source: Owner Report a problem
8/23/2017	Listing removed	$475
Source: Owner Report a problem
8/7/2017	Listed for rent	$475
Source: Owner Report a problem
10/19/2015	Listing removed	$475
Source: Owner Report a problem
10/8/2015	Price change	$475-4%
Source: Owner Report a problem
9/1/2015	Listed for rent	$495
Source: Owner Report a problem
9/7/2010	Listing removed	$85,000$39/sqft
Source: Dalzell, REALTORS (S. Danville) #11332589 Report a problem
1/23/2010	Listed for sale	$85,000$39/sqft
Source: Dalzell, REALTORS (S. Danville) #11332589 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,634 +4.1%	$116,239 +5.8%
2024	$2,530 +5.3%	$109,902 +5.5%
2023	$2,402 +2.4%	$104,183 +12.7%
2022	$2,346	$92,409 +8.4%
2021	--	$85,232 +15.9%
2020	$1,983 -0.8%	$73,509 +0.9%
2019	$1,998 +15.1%	$72,838 +2.7%
2018	$1,735	$70,944 +5.3%
2017	$1,735 +28.6%	$67,351 +24%
2016	$1,350 +0.7%	$54,309 -1.8%
2015	$1,340	$55,308
2014	$1,340	$55,308 -1.2%
2013	--	$55,987 +2.8%
2012	--	$54,450 -2.3%
2011	--	$55,751 +1%
2010	--	$55,218 +220.6%
2009	--	$17,221
2008	--	$17,221 +5.8%
2007	--	$16,282 +24.7%
2006	--	$13,053 +4%
2005	--	$12,548 -4.9%
2004	--	$13,194 -3.1%
2003	--	$13,613