$215,000

Estimated payment $1,426/month

Total Views 2,186
-- Bed
-- Bath
1,296 Sq Ft
$166 Price per Sq Ft

Highlights

  • Cooling Available
  • Luxury Vinyl Plank Tile Flooring
  • Heating Available
  • 1-Story Property

About This Home

Agent Owner. Great investment opportunity in the heart of Abilene! This well-maintained duplex at 1209 Chestnut St offers immediate cash flow with both units currently leased. One side rents for $975 month and the other for $1,050 month, providing strong and stable income from day one. Each unit features its own private entrance and functional layout, making it attractive to long-term tenants. Conveniently located near downtown, shopping, dining, and major employers, this property is ideal for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage. Don’t miss this turnkey duplex with solid rental history in a growing market.

Listing Agent

Robert Johnson

Real Broker, LLC. License #0766120 Listed on: 01/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Electric Range

Laundry

  • Dryer
  • Washer

Schools

  • Bowie Elementary School
  • Madison Middle School
  • Cooper High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number N17B

Community Details

Overview

  • 2 Units
  • 1,296 Sq Ft Building
  • Northington Subdivision

Building Details

  • Gross Income $24,840
  • Net Operating Income $20,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

6,970 Sq Ft Lot

Listing Details

  • OWNERNAME: Robert Johnson
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • CapRate: 9.69
  • Co List Office Mls Id: TRBAB
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48441:N17B
  • Special Features: VirtualTour
  • Year Built: 1935

Interior Features

  • Interior Amenities: Cable TV
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dryer, Electric Range, Washer

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Bowie
  • High School: Cooper
  • Junior High Dist: Abilene ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.16
  • Parcel Number: N17B
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6

Building Info

  • Year Built: 1935
  • Units Total: 2

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 24840.0
  • Property Net Operating Income: 20840.0

MLS Schools

  • MiddleOrJuniorSchool: Madison

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,844 $188,262 $4,200 $184,062
2023 $3,844 $161,165 $4,200 $156,965
2022 $587 $23,120 $4,200 $18,920
2021 $589 $21,854 $1,890 $19,964
2020 $523 $19,060 $1,890 $17,170
2019 $490 $18,269 $1,890 $16,379
2018 $494 $19,162 $1,890 $17,272
2017 $481 $19,361 $1,890 $17,471
2016 $453 $18,231 $1,890 $16,341
2015 $459 $18,339 $1,400 $16,939
2014 $459 $18,945 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2026 01/13/26 For Sale $215,000 +19.5% $166 / Sq Ft
05/01/2023 05/01/23 Sold -- -- -- View Prior Sale
03/22/2023 03/22/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $179,900 +16.1% $139 / Sq Ft
06/24/2022 06/24/22 Sold -- -- -- View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $155,000 0.0% $120 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $155,000 +6.9% $120 / Sq Ft
04/18/2022 04/18/22 For Sale $145,000 -- $112 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21152754

North Texas Real Estate Information Systems (NTREIS)

APN: 48100010900

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