Stevenson Place

For Sale

526 E North 7th St, Abilene, TX 79601

This Abilene property for sale is located at 526 E North 7th St. The current listed sale price for Stevenson Place is $750,000. Stevenson Place is situated on a lot that is 0.73 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 7,568 SF
  • Units 16
  • Lot Size 0.73 Acre
  • Year Built 1958
  • Date Updated Mar 3, 2025
This asset is located directly across the street from Stevenson Park, making it a desirable location for tenants in a quiet neighborhood. The property is just 1.3 miles south of Abilene Christian University, 2.3 miles south of Hardin-Simmons University, and 1.9 miles south of the Texas Tech University Health Sciences Center. Abilene is located on Interstate 20, which connects it to larger cities such as Dallas-Fort Worth and El Paso, TX. Abilene has its own regional airport and is home to Dyess Air Force Base.The Stevenson Place Apartments consist of 16 units, all 2-bed/1-bath, across two buildings. The sale includes an additional three vacant lots directly adjacent to the apartments. The apartments underwent renovations and upgrades in 2022 and have consistently shown improved rental income over the past year. This investment offers the opportunity to acquire at an attractive basis, with the potential to recover the current loss-to-lease.
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Highlights

  • * Potential for further rental income growth
  • * Additional land available for further development
  • * Located near 3 universities

Getting around

  • 22/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Abilene, TX
  • Neighborhood East Highway
  • Zip Code 79601

Points of Interest

  • Alon

    0.76 miles

  • Gascard

    1.11 miles

  • Grab & Go

    1.75 miles

  • Walmart

    1.76 miles

  • Shell

    1.84 miles

  • Murphy USA

    1.93 miles

  • Allsup's

    1.99 miles

  • Tesla Destination

    4.90 miles

  • J1772

    4.90 miles

  • BBVA Compass Parking

    0.94 miles

  • Doubletree Parking

    1.03 miles

  • Abilene High School

    2.38 miles

  • Abilene Hotel

    0.48 miles

  • Abilene Inn & Suites

    0.48 miles

  • Emerald Inn Expo

    0.63 miles

  • DoubleTree by Hilton Abilene Downtown Convention Center

    0.99 miles

  • Super 8

    1.77 miles

  • Executive Inn

    1.92 miles

  • Quality Inn

    1.92 miles

  • Motel 6

    1.94 miles

  • Comfort Suites

    1.95 miles

  • Whitten Inn

    1.96 miles

  • United Supermarkets

    0.87 miles

  • Walmart Neighborhood Market

    1.75 miles

  • Walmart Supercenter

    2.13 miles

  • Come and See International Market

    2.73 miles

  • H-E-B

    2.78 miles

  • Batangas Asian Market

    2.84 miles

  • Sears

    4.48 miles

  • Natural Grocers

    4.48 miles

  • Target

    4.48 miles

  • Burlington

    4.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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