213 E Harrison Avenue, Killeen, TX 76541
- $475,000
- 3,600
- SqFt
- List Price
- $475,000
- Status
- ACTIVE
- MLS#
- 622662
- Days on Market
- 35
- Living Area
- 3,600
Property Description
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.
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Additional Information
- Year Built
- 1970
- Roof
- Composition, Shingle
- View
- None
- School District
- Killeen ISD
- Elementary School
- Cavazos Elementary School
- High School
- Shoemaker High School
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- E Harrison Avenue
- Street Number
- 213
- Neighborhood
- North Side Add
- Water
- Public
- Acres
- 0.30
- County
- Bell
- Foundation
- Slab
- Heating
- Central, Electric
Mortgage Calculator
Listing courtesy of Katie Strange from Two Lakes Real Estate
Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.