Killeen Duplex: Investment
2105 Martin Luther King Jr Boulevard Killeen, TX 76543
MULTI_FAMILY - Killeen, TX
Property size:
3,133 SFLot size:
0.17 AcresPrice / SF:
$124/SF- Added:
- Apr 1, 2026
- Days on Market:
- 101
- Last Refresh:
- Jul 10 at 4:06 am
Property Features for 2105 Martin Luther King Jr Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bathroom 6, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 6
- Interior features
- CeilingFans, DoubleVanity, WalkInClosets, EatInKitchen, KitchenIsland, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 490419
- Size
- 3,133 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CROSS ADDITION PHASE FIVE REPLAT #1, BLOCK 001, LOT 007A
- Tax Annual Amount
- 8490
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick, HardiplankType, StoneVeneer
- Roof type
- Shingle, Composition
Listing agent Amy Millsap License #0424348 (254) 289-3686
Listing office Morris Real Estate 1104 W Veterans Memorial Blvd, TX (254) 634-8852
Listing date Apr 1, 2026
MLS# 609297
Listing URL
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 two-story duplex in Killeen, Texas, presents an investment opportunity with both sides currently occupied. Situated off Martin Luther King Blvd on a quiet dead-end street, the property offers privacy and accessibility. Each unit features bedrooms and two full bathrooms upstairs, with a quarter bath downstairs. The layout includes an open floor plan and a kitchen with black appliances and an island. Additional features include garage parking and privacy-fenced backyards. Laminate flooring is present in all wet areas, and the bedrooms are carpeted. The property is located near I-14 and Anthem Park. The lot size is 0.1724 acres, and the property size is 3133 square feet.
Key Highlights
- Spacious two‑story duplex built in 2021, with both sides currently occupied
- Each unit has all bedrooms and two full bathrooms upstairs
- Downstairs includes a convenient quarter bath per unit
Local 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 | $41.4k | $13.20 |
| − Vacancy | −$2.7k | −$0.85 |
| EGI | $38.7k | $12.35 |
| − OpEx | −$11.6k | −$3.70 |
| NOI | $27.1k | $8.64 |
3,133 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$386.8K
$338.5K – $451.3K
NOI $27,079 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$357.9K
$313.2K – $417.6K
NOI $25,053 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$752.5K
$658.5K – $878.0K
NOI $52,677 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Spacious duplex near I-14 and Anthem Park, ideal for investors.
Where is this duplex located?
The property is located at 2105 Martin Luther King Jr Boulevard Killeen, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Spacious two‑story duplex built in 2021, with both sides currently occupied; Each unit has all bedrooms and two full bathrooms upstairs; Downstairs includes a convenient quarter bath per unit
