213 E Harrison AveKilleen, TX 76541

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.

Property Information

Property type

Residential

Year built

1970

Living area

3,600 Sq Ft

Lot size

0.30 acres

Parking spaces

15

Ownership

Fee-Simple

Days on market

7

MLS^® Listing#

1208863

Property Features

Appliances

Electric Range

Parking

Parking Lot

Patio

Porch

Fencing

None

Other structures

None

Community

None

Utilities

Electricity Connected · Sewer Connected · Water Connected

Schools

Elementary

Killeen

Middle

Rancier

High

Killeen

Financial Details

HOA

None

Annual taxes

$4,990Tax year 2026

Assessed value

$205,000

Parcel number

0205390000

Directions

From N 10th Street, turn west onto E Harrison Avenue. Continue on E Harrison Avenue to 213 E Harrison Ave, Killeen, TX 76541.