Description
PLEASE DO NOT DISTURB TENANTS. Rare opportunity to acquire a cash-flowing fourplex in Killeen with a rent-to-price ratio that is increasingly difficult to find at this price point. Offered at $415,000, the property is currently producing $3,145/month with one unit vacant and rent-ready. Once leased, projected gross rents are approximately $4,095/month ($49,000+ annually), creating an attractive ~11.7% rent-to-price ratio and a GRM near 8.5. This townhome-style fourplex sits on a quiet cul-de-sac and features two 3-bedroom, 1.5-bath units (A & D) and two 2-bedroom, 1.5-bath units (B & C). All units have been updated and are easy to rent. Unit A – $1,095 leased through Jan 2027 Unit B – Vacant, rent-ready Unit C – $925 leased through Aug 2026 Unit D – $1,125 month-to-month The larger units (A & D) include wood-burning fireplaces in the downstairs living areas. Each unit includes a refrigerator, dishwasher, electric range, and washer/dryer hookups — amenities that help maintain strong tenant demand. With long-term leases in place, one unit available for immediate upside, and numbers that make sense from day one, this property is ideal for both new and seasoned multifamily investors.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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4,848SQFT
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$86$/SQFT
School Information
Description
PLEASE DO NOT DISTURB TENANTS. Rare opportunity to acquire a cash-flowing fourplex in Killeen with a rent-to-price ratio that is increasingly difficult to find at this price point. Offered at $415,000, the property is currently producing $3,145/month with one unit vacant and rent-ready. Once leased, projected gross rents are approximately $4,095/month ($49,000+ annually), creating an attractive ~11.7% rent-to-price ratio and a GRM near 8.5. This townhome-style fourplex sits on a quiet cul-de-sac and features two 3-bedroom, 1.5-bath units (A & D) and two 2-bedroom, 1.5-bath units (B & C). All units have been updated and are easy to rent. Unit A – $1,095 leased through Jan 2027 Unit B – Vacant, rent-ready Unit C – $925 leased through Aug 2026 Unit D – $1,125 month-to-month The larger units (A & D) include wood-burning fireplaces in the downstairs living areas. Each unit includes a refrigerator, dishwasher, electric range, and washer/dryer hookups — amenities that help maintain strong tenant demand. With long-term leases in place, one unit available for immediate upside, and numbers that make sense from day one, this property is ideal for both new and seasoned multifamily investors.
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