Description
Turnkey multifamily investment opportunity in the heart of Killeen! This income-producing property at 702 Trimmier Rd features 5 total unitsincluding 3 one-bedroom units and 2 two-bedroom unitsoffering strong and consistent rental demand. With approximately 4,406 square feet of living space situated on a 0.56-acre lot, this property delivers scale, flexibility, and long-term upside. Currently generating ~$4150/month in rental income, it presents an immediate cash-flow opportunity with additional potential for value-add improvements. There is excellent potential to repurpose space into a dedicated coin-operated laundry facility, adding a highly desirable amenity for tenants while creating an additional income stream. The layout also supports the possibility of incorporating vending machines, further increasing on-site revenue with minimal overhead. Constructed in 1968 with masonry construction, a durable metal roof, and central HVAC, the property offers solid fundamentals for investors seeking stability and lower maintenance concerns. Centrally located with quick access to shopping, dining, and major employersincluding Fort Cavazosthis asset benefits from strong tenant demand driven by military and local workforce housing needs. Whether you're expanding your portfolio or entering the multifamily space, this property is a rare chance to acquire a cash-flowing asset in a high-demand rental market.
Details
| MLS # | 610733 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 136 |
| Listing Provided By | Gold Medal Realty | Luke Farmer |
Features
| SQ Feet | 4,406 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Acreage | 0.56 |
| Property View | None |
Parking
| Garage Yes / No | No |
|---|
Area Information
| State | TX |
|---|---|
| County | Bell |
| City | Killeen |
| Zip Code | 76541 |
| Listing VS Median (in 76541) | |
Price: $215,000 low | high Med: $129,999 sqft: 4,406 low | high Med: 1,050 $ / sqft: $49 low | high Med: $124 On site: 136 low | high Med: 32 | |
Market Activity 76541
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Learn More About This Property
| State | TX |
|---|---|
| County | Bell |
| City | Killeen |
| Zip Code | 76541 |
| Listing VS Median (in 76541) | |
Price: $215,000 low | high Med: $129,999 sqft: 4,406 low | high Med: 1,050 $ / sqft: $49 low | high Med: $124 On site: 136 low | high Med: 32 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
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