12-Unit Multifamily in Killeen, TX
TX · listed Aug 25, 2026 (63 days)
- $/unit
- $57,591
- ▼ 37% vs TX · 20th pct
- Cap rate
- —
- NOI
- $18K
- $1,500/unit/yr
- Units
- 12
Financials
- Asking price
- $691,095
- Price per unit
- $57,591
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- $18,000
- NOI per unit
- $1,500
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Aug 25, 2026
- Days on market
- 63 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1054
About this property
𝗦𝗨𝗕𝗝𝗘𝗖𝗧-𝗧𝗢 𝗢𝗡 𝗔 𝗠𝗨𝗟𝗧𝗜 🏢🔥 KILLEEN, TX | 10-UNIT MULTIFAMILY + DUPLEX
Control 12 doors + in-place financing, no qualifying. Then the duplex — $20K to finish, +$18K NOI, gets it to ~10% cash-on-cash.
🏢 10-unit multifamily — 100% occupied
🏠 Duplex on-site — 2 additional units
💰 Existing financing already in place
Take title subject to the existing financing.
NO BANK QUALIFYING. NO NEW LOAN.
THE NUMBERS:
▪️ Total Price: $691,095
▪️ Cash to Close: $152,000
▪️ Occupancy: 100% — all 10 units occupied
▪️ Bonus Duplex: ~$20K estimated to complete
▪️ Potential: 12 total income-producing units once completed
The 10 units are already producing income. Finish the duplex and add two more doors + two more rent checks.
Buyer pays for TC and closing costs
🔒 FULL PACKAGE AVAILABLE TO QUALIFIED BUYERS
Proof of Funds + Signed NDA required.
Serious buyers only. First qualified buyer ready to perform gets priority.
Location
Somewhere in Killeen. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Killeen, TX Stabilized | $631K | $53K$53K | — |
| Killeen, TX Owner financingValue-add | $691K | $58K$58K | — |
| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |
| Killeen, TX Stabilized | $631K | $53K$53K | — |
| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |
| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |