TX
Bell
Killeen
76543
501 N 46th Street
501 N 46th Street, Killeen, TX 76543
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Listing Type
Multi Family
Listing Status
Active
16
$330,000

Home Details for 501 N 46th Street

Price
$330,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
4216
Year built
1980
Lot size acres
0.229
County
Bell
Garage
Days on site
63
MLS Listing#
593776
Property Description

This quadplex offers an excellent opportunity for investors looking to add a value-driven multifamily property to their portfolio. Featuring four 2-bedroom, 1-bathroom units and over 4,200 square feet of total living space, it provides immediate rental income with strong potential for increased returns through rent optimization. Three units are currently leased with monthly rents of $600, $550, and $800, and market rents in the area support a pro forma of approximately $850 per unit. With one vacant unit ready to lease or update, there’s a clear opportunity to bring all units to market value and increase overall income potential. Each unit is individually metered for electricity, while water and trash services are included in the lease — helping keep utility costs predictable and appealing to tenants. The property sits on a 0.22-acre lot with off-street parking and is conveniently located near shopping, schools, major employers, and Fort Hood, making it attractive to a wide range of renters. Whether you’re expanding your portfolio or beginning your multifamily investment journey, this property offers a solid foundation for long-term cash flow growth and appreciation in a high-demand rental market.

Property Features
  • Utilities
    • Electricity Available
    • Water Available
  • Fire Place
    • Living Room
    • None
  • Cooling Information
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
School Information
School Information for 501 N 46th Street, Killeen, TX 76543
Elementary School
Killeen Elementary
Middle School
Manor Middle School
High School
Killeen High School
Listing Courtesy: Real Broker, LLC - 855-450-0442
Information is provided exclusively for consumers personal, non - commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025, Central Texas Board of REALTORS
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Central Texas MLS.
EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549
Greg Ruehlen
Franchisee
Office
254 781 2012
Agent
254 394 2000
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