UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,216 sqft
Price per Sqft $79
Subdivision Colonial Heights
MLS Listing ID 593776
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1980
Lot Size 9,975 Sqft
Acres 0.229
Property Sub-Type Quadruplex
Property Description
Three units are currently leased with monthly rents of $600, $550, and $800, and market rents in the area support a pro forma of approximately $850 per unit. With one vacant unit ready to lease or update, there's a clear opportunity to bring all units to market value and increase overall income potential.
Each unit is individually metered for electricity, while water and trash services are included in the lease — helping keep utility costs predictable and appealing to tenants. The property sits on a 0.22-acre lot with off-street parking and is conveniently located near shopping, schools, major employers, and Fort Hood, making it attractive to a wide range of renters.
Whether you're expanding your portfolio or beginning your multifamily investment journey, this property offers a solid foundation for long-term cash flow growth and appreciation in a high-demand rental market.
Location
State TX
County Bell
Interior
Heating Electric, Multiple Heating Units
Cooling Electric, 3+ Units
Flooring Tile, Vinyl
Fireplaces Type Living Room, None
Fireplace No
Appliance Electric Water Heater, Multiple Water Heaters, Oven, Some Electric Appliances
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Fence Chain Link
Pool None
Utilities Available Electricity Available, Water Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Killeen Elementary
Middle Schools Manor Middle School
High Schools Killeen High School
School District Killeen Isd
Others
Tax ID 112858
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Sylvia Crystal Ortega
Private Real Estate Consultant | License ID: 820798
Private Real Estate Consultant License ID: 820798