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.
Sold on 07/28/25
Price Unknown
616 Grand Ave, Abilene, TX 79605
4beds
2,192sqft
Triplex, Multi Family, Multi Family
Built in 1915
-- sqft lot
$185,100 Zestimate®
$--/sqft
$1,208 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 07:02am
Listed by:
Gary Bone 0690373 325-692-4488,
KW SYNERGY* 325-692-4488,
Jay Sloan 0621344 325-513-1651,
KW SYNERGY*
Bought with:
Mandy Dixon
eXp Realty LLC
Source: NTREIS,MLS#: 20913173
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 & neighborhood
Location
- Region: Abilene
- Subdivision: Park Heights Abl