Stabilized
$500,000
8-Unit Multifamily in Killeen, TX
TX · listed Dec 22, 2025 (310 days)
Price per unit compared
This property$63K
Within ~40 mi (61)$75K
Texas median (1,196)$92K
- $/unit
- $62,500
- ▼ 32% vs TX · 24th pct
- Cap rate
- —
- NOI
- $49K
- $6,089/unit/yr
- Units
- 8
- 1976
Financials
- Asking price
- $500,000
- Price per unit
- $62,500
- Price per sq ft
- $95
- Gross rent / year
- $57,900
- Net operating income
- $48,708
- NOI per unit
- $6,089
- Cap rate
- Not stated
- Gross yield
- 11.6%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- 8 units all 1/1
- Buildings
- Not stated
- Year built
- 1976
- Building size
- 5,288 sq ft
- Avg unit size
- 661 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Dec 22, 2025
- Days on market
- 310 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1284
About this property
Turnkey - Great income producing property. 100% occupied. 8 units all 1/1 with central HVAC. 4 units up and 4 units down. $4,825 monthly income. Low expenses. Rents start at $600.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 TXNew | $4M | $667K$667K | — |
 Killeen, TXNew | $4M | $154K$154K | — |
 Killeen, TXNewValue-add | $545K | $39K$39K | 5.9% |
| Killeen, TX | $655K | $41K$41K | — |
 Killeen, TXNew | $475K | $79K$79K | — |
 Killeen, TXNew | $995K | $62K$62K | — |