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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

    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.

    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
    Services availability