3-Bedroom Duplex for
1216 N 18th Street Killeen, TX 76541
For Sale
Under Contract
$344,500
MULTI_FAMILY - Other - Killeen, TX
Property Size2,340 SF
Lot Size0.16 Acres
Price / SF$147.22
Days on Market234
Property Features for 1216 N 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5
- Interior features
- CeilingFans, DoubleVanity, BreakfastBar, SolidSurfaceCounters
- Appliances
- ElectricCooktop, ElectricRange, MultipleWaterHeaters, Oven, SomeElectricAppliances
- Standard status
- Active Under Contract
- APN
- 50684
- Size
- 2,340 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CULP ADDITION, BLOCK 003, LOT 0006
- Tax Annual Amount
- 6390
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- BrickVeneer, Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing Agency:
All City Real Estate
(866) 277-6005
Listed By:
Christopher Flores · License #0819816
(361) 443-3195
Added: Dec 1, 2025
Changed: Jul 18
Last Checked: Jul 23 at 2:06PM
MLS# 598945
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two spacious 3-bedroom, 2-bath units with open-concept layouts. Each side includes a breakfast bar and modern granite countertops, creating a functional flow for everyday living. The property is configured as a true duplex with separate units, and Side B is already occupied by a tenant, providing in-place rental income from day one.
Located at 1216 N 18th Street in Killeen, Texas (Bell County), the home is described as being minutes from Fort Hood and convenient to major shopping and grocery options.
With two separate 3-bedroom residences on one lot, this duplex can suit buyers seeking an owner-occupied layout or an investor holding strategy that benefits from the existing tenancy on Side B.
Located at 1216 N 18th Street in Killeen, Texas (Bell County), the home is described as being minutes from Fort Hood and convenient to major shopping and grocery options.
With two separate 3-bedroom residences on one lot, this duplex can suit buyers seeking an owner-occupied layout or an investor holding strategy that benefits from the existing tenancy on Side B.
Key Highlights
- 2022‑built duplex with two 3‑bedroom, 2‑bath units
- Approx. 1,200 sq ft per unit with open‑concept layout
- Modern kitchen features include granite countertops and a breakfast bar
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $13.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $28.9k | $12.35 |
| − OpEx | −$8.7k | −$3.70 |
| NOI | $20.2k | $8.64 |
2,340 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.9K
$252.8K – $337.1K
NOI $20,225 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$267.3K
$233.9K – $311.9K
NOI $18,712 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$562.0K
$491.8K – $655.7K
NOI $39,343 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 3-bedroom, 2-bath units and open-concept layouts.
Where is this duplex located?
The property is located at 1216 N 18th Street Killeen, TX.
What is the asking price?
The asking price for this property is $344,500.
What are key features of this property?
This property features: 2022‑built duplex with two 3‑bedroom, 2‑bath units; Approx. 1,200 sq ft per unit with open‑concept layout; Modern kitchen features include granite countertops and a breakfast bar
