For sale

$475,000

213 E Harrison Ave
Killeen, TX 76541

  • 6 beds
  • 6 baths
  • 3,600 sq ft
  • 0.3 acres

Listing courtesy of Two Lakes Real Estate · (254) 415-4040 · MLS# 1208863 · Status: Active

About this home

Excellent multifamily investment opportunity at 213 E Harrison Ave, Killeen, TX, offered at $475,000. This established 6-unit income-producing property features four currently occupied units and two vacant units, offering a great combination of existing rental income, immediate leasing potential, and future value-add opportunities. Current Unit & Lease Information: Unit 1: $525/month – Lease expires 01/31/2027 Unit 2: Vacant – Market rent $595/month; currently listed for lease Unit 3: $575/month – Lease expires 02/28/2027 Unit 4: $590/month – Lease expires 05/31/2027 Unit 5: $595/month – Lease expires 03/31/2027 Unit 6: Vacant – Market rent $595/month; currently listed for lease One unit has already been remodeled and features ceramic tile flooring, granite countertops, stainless steel appliances, and fresh interior paint, showcasing the potential for additional value through future unit updates. Major improvements include most HVAC systems being less than approximately six years old and a roof that is approximately nine years old. Conveniently located in Killeen with access to major roadways, shopping, dining, employment centers, and Fort Cavazos. With established tenants, staggered lease expirations extending into 2027, two vacant units currently available for lease, and additional value-add potential, this 6-unit multifamily property presents an excellent opportunity for an investor looking to expand their portfolio with an income-producing asset.

Description provided by the listing brokerage.

Facts

Property type
Residential · See Remarks
Year built
1970
Lot size
0.3 acres
Living area
3,600 sq ft
Price per sq ft
$132
Bathrooms
6 full, 0 half
Annual taxes
$4,990
County
Bell
Neighborhood
North Side Add
School district
Killeen ISD
Schools
Killeen · Rancier · Killeen

Features

View
None
Levels
One
Fencing
None
Utilities
Electricity Connected, Sewer Connected, Water Connected
Appliances
Electric Range
Lot
None
Horse amenities
None
Parking
Parking Lot
Community
None
Waterfront
None
Construction
Masonry – All Sides
Patio & porch
Porch

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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