www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33554853
33554849

1016 North 12th Street, Killeen, TX 76541

$296,995
7 days on market
Updated 7 days ago

6 Plex Killeen Tx.

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 3,000
Units 6
NOI $32,160
Tenancy Multi
Rent Bumps No
Year Built 1974
Year Renovated 2024
Buildings 1
Acreage 0.140
Ground Lease No

About This Property

Marketing description

Investment Opportunity – This 6 Plex features 6 doors- each unit is 1 bedroom/1 bath. Value-Add Opportunity: Rents are currently below market, offering immediate upside potential for increased cash flow. Instant Income: Fully operating rental property with consistent tenants. Strong Upside: Raise rents to market rates and significantly boost returns. Motivated Seller: New Roof and New Window Units in 2024.Whether you’re a seasoned investor looking to expand your portfolio or a buyer seeking a high-potential multifamily asset, this property offers cash flow + appreciation upside from day one. NO Seller financing.

Investment highlights

Investment Opportunity – This 6 Plex features 6 doors- each unit is 1 bedroom/1 bath. Value-Add Opportunity: Rents are currently below market, offering immediate upside potential for increased cash flow. Instant Income: Fully operating rental property with consistent tenants. Strong Upside: Raise rents to market rates and significantly boost returns. Motivated Seller: New Roof and New Window Units in 2024.Whether you’re a seasoned investor looking to expand your portfolio or a buyer seeking a high-potential multifamily asset, this property offers cash flow + appreciation upside from day one. NO Seller financing.

Listing Contacts

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,160.00
$2,680.00/mo

Valuation Metrics

0
DSCR
10.83%
Cap Rate
10.83%
ROI

Map

Zoning

Intelligence Badge
R-3 ResidentialMulti FamilyMultifamily Residential District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 55 uses
View all 55 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591