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$475,000
626133 MLS
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.

213 E Harrison Avenue, Killeen
$149,000
2 Beds ⋅ 1 Baths ⋅ 625100 MLS
Put your capital to work with a tenant-occupied investment property in Killeen. Located at 1805 N. Gray Street, this one-story home offers approximately 1,120 square feet of living space on a spacious 0.38-acre lot. Public records report central heating and air conditioning, a fireplace, composition-shingle roofing, pier-and-beam construction, and a two-car garage. For investors purchasing with cash or conventional financing, the existing tenancy may help reduce the income gap that often follows closing on a vacant property. The home is being sold subject to the current lease, providing an opportunity to acquire an established rental and evaluate future improvements or repositioning as part of a long-term investment strategy. Public records report R-3 zoning. Buyers should independently verify zoning, permitted uses, measurements, property condition, lease terms, rental income, expenses, and projected returns. Lease and financial information are available upon request. Do not disturb the tenant. Schedule all showings with a Realtor. 24-hours advance notice is required.

1805 N Gray Street, Killeen
$475,000
622662 MLS
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.

213 E Harrison Avenue, Killeen
$20,000
608767 MLS
Prime opportunity in the heart of Downtown Killeen! Located at 1406 N Gray Street, this R-3 zoned lot offers incredible potential for investors, builders, or anyone looking to capitalize on the city’s ongoing growth and revitalization. Positioned within the Greater Downtown district, this property sits in an area experiencing significant transformation, with new businesses, job growth, and continued investment driving momentum. The City of Killeen continues to focus on enhancing the downtown area through infrastructure improvements, community development, and long-term growth initiatives. With R-3 zoning, this lot offers flexibility for multi-family or higher-density residential development, making it a strategic addition to any investor’s portfolio. Whether you’re looking to build, hold, or develop, this is your chance to secure a piece of a rapidly evolving area before values continue to rise. Affordable, centrally located, and full of potential, this is a must-see opportunity in one of Killeen’s most promising growth corridors.

1406 N Gray Street, Killeen
$119,000
577769 MLS
THIS UNIQUE MULTI FAMILY PROPERTY FEATURES A 2 BEDROOM/1 BATH HOME AND A 1 BEDROOM/1BATH DUPLEX ALL ON THE SAME LOT. TWO INCOME PRODUCING PROPERTIES ON THE SAME LEGAL! CENTRALLY LOCATED IN KILLEEN, CLOSE TO FT. HOOD, , SCHOOLS AND SHOPPING. . ALL TENANTS PAY RENT IN A VERY TIMELY MANNER .

112 W HARRISON / PARK Avenue, Killeen