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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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213 E Harrison Ave , Killeen, TX 76541
$475,000
Est. Payment: $2,433.68/mo
0 Bed
0 Bath
3600 Sqft
Status: active | Days on site: 17
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Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Katie Strange , 254-316-9606 Two Lakes Real Estate , 254-415-4040. Central Texas MLS

Property Type

Commercial Sale

Lot/Acreage
0.3

Year Built

1970

County

Bell

Neighborhood

North Side Add

School District

Killeen ISD

Listing ID

622662

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric,3+ Units
Fireplaces:
Floor:Ceramic Tile,Linoleum
Water:Public

Exterior Features

Roof:Composition,Shingle
Others:
  • Additional:Resale
Sewer:Public Sewer
Parking Features:Parking Space(s)
Principal Interest
$2,434
Taxes
$303

Home Price

$475,000

Loan Details

30 yrs
6.627%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,433.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,433.68 $302.81 $0.00 $2,736.50
Yearly $29,204.21 $3,633.75 $0.00 $32,837.96
Total $876,126.31 $109,012.50 $0.00 $985,138.81

Today's Rates

30 Year

6.63%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Killeen, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-31T03:34:46.000Z

© 2026 Central Texas MLS