Well-Maintained Fourplex on Corner
301 W Avenue D Copperas Cove, TX 76522
301 W Avenue D, Copperas Cove, TX, 76522
$350,850
For Sale
$350,850
MULTI_FAMILY - Copperas Cove, TX
Property Size3,580 SF
Lot Size0.24 Acres
Price / SF$98
Days on Market69
Property Features for 301 W Avenue D
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Rooms
- Bedroom 8, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 5
- Interior features
- CeilingFans, MultipleClosets, EatInKitchen
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, RangeHood, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 123837
- Size
- 3,580 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ORIGINAL TOWN COPPERAS COVE, BLOCK 5, LOT 1A, ACRES .238
- Tax Annual Amount
- 4545
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl, Combination
- Building materials
- BrickVeneer, LapSiding
- Roof type
- Composition, Shingle
Listing agency
Jim Wright Company
(254) 526-5117
Listed by
Molly Repasch · License #0554928
(254) 371-9932
Added: May 15 Updated: Jul 18 at 9:34AM Checked: Jul 22 at 10:06PM
MLS# 613844
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 fourplex is located on a desirable corner lot. The property contains 3,580 square feet and is situated in Copperas Cove, Texas. Each unit features a functional layout, including a hall linen closet and an exterior storage closet. The spacious primary bedroom includes wall-length closet space. Ceiling fans are installed in both the living area and bedrooms. Residents can enjoy front and back patios for outdoor living. The property is located in Coryell County on a lot of 0.238 acres. The location offers walkability, and the property has one long-term anchor tenant.
Key Highlights
- Well‑maintained fourplex on a corner lot with one long‑term anchor tenant in place
- Each unit features a functional layout with hall linen closet and exterior storage closet
- Spacious primary bedrooms with wall‑length closet space, plus ceiling fans in the living area and bedrooms
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 | $47.3k | $13.20 |
| − Vacancy | −$3.1k | −$0.85 |
| EGI | $44.2k | $12.35 |
| − OpEx | −$13.3k | −$3.70 |
| NOI | $30.9k | $8.64 |
3,580 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$442.0K
$386.8K – $515.7K
NOI $30,942 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$409.0K
$357.9K – $477.1K
NOI $28,628 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$859.9K
$752.4K – $1.00M
NOI $60,192 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fourplex with long-term tenant, functional layout, and outdoor space.
Where is this quadplex located?
The property is located at 301 W Avenue D Copperas Cove, TX.
What is the asking price?
The asking price for this property is $350,850.
What are key features of this property?
This property features: Well‑maintained fourplex on a corner lot with one long‑term anchor tenant in place; Each unit features a functional layout with hall linen closet and exterior storage closet; Spacious primary bedrooms with wall‑length closet space, plus ceiling fans in the living area and bedrooms
