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Triplex with Renovated Unit
For Sale
$165,000

401 S 40th Street, Killeen, TX 76543

Residential, Killeen, TX

Property Size2,100 SF
Lot Size0.15 Acres
Price / SF$78.57
Days on Market66

Property Features for 401 S 40th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Full bathrooms 3
Rooms Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 4
Interior features CeilingFans
Appliances GasRange, SomeGasAppliances
Subdivision Brooksville Add
Lot features City Lot, Less Than Quarter Acre
Elementary school Ira Cross Elementary School
Middle school Manor Middle School
High school Killeen High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions From I-14/US-190, take the W.S. Young Dr. exit and head north. Turn right onto Business 190 (Veterans Memorial Blvd.), then turn left onto S. 38th Street. Turn right onto Water Street, then right onto S. 40th Street. The property at 401 S. 40th St. will be on the left
Standard status Active
APN 56140
Size 2,100 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BROOKSVILLE ADDITION, BLOCK 002, LOT 0011
Tax Annual Amount 3370
Legal Description BROOKSVILLE ADDITION, BLOCK 002, LOT 0011

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1965
Floors in Building 1
Number of units 3
Flooring type Vinyl
Building materials VinylSiding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Exp Realty Llc
Listed By: Leeroy Kusto · License #0823630
Added: Jun 26 Changed: Aug 20 Last Checked: Aug 30 at 1:06PM
MLS# 618079

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 2,100-square-foot triplex contains three residential units on a 0.1458-acre lot. Unit B has been renovated, while Units A and C are tenant-occupied. The property also features a recently installed shingle and composition roof, vinyl siding, vinyl flooring, window-unit cooling, ceiling fans, and gas appliances including a gas range.

Built in 1965, the property is served by public water and public sewer. Its Killeen setting places the triplex near shopping, dining, schools, and Fort Cavazos. Unit B provides flexibility for additional rental use or owner occupancy, while the occupied units are already in place.

Key Highlights

  • Three‑unit property totaling 2,100 square feet
  • Unit B recently renovated; Units A and C are tenant‑occupied
  • New shingle and composition roof

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 76543, TX

30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with public water and sewer, vinyl siding, and proximity to shopping, dining, schools, and Fort Cavazos.
Where is this triplex located?
The property is located at 401 S 40th Street Killeen, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three‑unit property totaling 2,100 square feet; Unit B recently renovated; Units A and C are tenant‑occupied; New shingle and composition roof
More about this property
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