Stevenson Place

526 E North 7th St, Abilene, TX 79601

  • For Sale $750,000
  • 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

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Location

Getting Around

  • Walk Score ®

    22/100 Car-Dependent

  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Mustang Donuts

    0.57 miles

  • Galveston Seafood Company

    0.58 miles

  • Larry's Better Burger

    0.69 miles

  • Whataburger

    0.73 miles

  • Sonic

    0.74 miles

  • Taco Bueno

    0.74 miles

  • Schlotzsky's

    0.76 miles

  • Rosa's Cafe

    0.77 miles

  • McAlister's Deli

    0.77 miles

  • Chicken Express

    0.82 miles

  • Woodson Center for Excellence

    0.24 miles

  • Houston School

    0.40 miles

  • Texas State Technical College

    0.41 miles

  • Woodson Early Childhood Center

    0.64 miles

  • Abilene Early Headstart

    0.68 miles

  • Taylor Elementary School

    0.84 miles

  • Craig Middle School

    1.10 miles

  • Abilene Christian University

    1.15 miles

  • Locust Pre - Kindergaten School

    1.25 miles

  • Locust School

    1.28 miles

  • Day Nursery of Abilene - Sherry Lane Center

    3.21 miles

  • Beltway Kids Academy

    3.64 miles

Frequently Asked Questions

How much does Stevenson Place cost?

The space currently listed for sale at Stevenson Place asks for $750,000.

What is the total square footage of Stevenson Place?

Stevenson Place totals 7,568 square feet.

When was this property built?

Stevenson Place was built in 1958.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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