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.
- Principal and Interest
- Property Tax
- HOA fee
