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    Duplex Residential Income Property Title is generated by Realmo AI

    422 W Green Avenue, Killeen, TX 76541

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    Claim this Listing
    New
    For Sale
    $119,900

    MULTI_FAMILY - Other - Killeen, TX

    Property size:
    968 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $123/SF
    Added:
    Jun 18, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 20 at 4:06 pm

    Property Features for 422 W Green Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
    Appliances
    ElectricRange, Refrigerator, RangeHood
    Standard status
    Active
    APN
    18045
    Size
    968 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    CARTER, BLOCK 002, LOT 0005
    Tax Annual Amount
    2265

    Utilities

    Water source
    Public

    Building Details

    Year built
    1957
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    LapSiding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Julissa Ortiz

    Listing agent Julissa Ortiz License #0826434

    Listing office The Agents Premiere Realty Grp 4200 E Stan Schlueter Loop St, TX

    Listing date Jun 18, 2026

    MLS# 617040 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.

    HighLights

    • Duplex built in 1957
    • Public water source
    • Appliances included: electric range, refrigerator, and range hood
    • Laminate flooring throughout
    • Lap siding construction
    • Shingle/composition shingle roof

    Overview

    This duplex is offered for sale as a residential income property, featuring two units within a total building size of 968 square feet on a 0.2038-acre lot. The property is being presented as a candidate for buyers looking to improve the asset with some updates, according to the seller’s remarks.

    The duplex is located at 422 W Green Avenue in Killeen, Texas 76541, in Bell County. The listing provides the parcel scale and building size, with the key opportunity centered on the two-unit configuration and the lot size.

    For investors or owner-occupants evaluating a small-scale residential income asset, this duplex offers a straightforward two-unit layout. Because the listing notes room for improvement, it may be especially relevant for buyers who plan to invest in light to moderate renovations and want a property that can be enhanced through updates.

    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 $12.8k $13.20
    − Vacancy −$825 −$0.85
    EGI $12.0k $12.35
    − OpEx −$3.6k −$3.70
    NOI $8.4k $8.64
    968 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $119.5K
    $104.6K – $139.5K (±1% cap)
    NOI $8,367 @ 7.0% cap · market cap 6.98%
    Second Best
    Apartment 5plus
    $110.6K
    $96.8K – $129.0K (±1% cap)
    NOI $7,741 @ 7.0% cap · market cap 6.46%
    Theoretical Best
    Office A
    $232.5K
    $203.4K – $271.3K (±1% cap)
    NOI $16,275 @ 7.0% cap · market cap 13.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.733138
    Latitude
    31.125982

    FAQs

    What type of property is this?
    Duplex - For sale duplex on a small lot, suited for buyers seeking a two-unit residential income setup.
    Where is this duplex located?
    The property is located at 422 W Green Avenue Killeen, TX.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: Duplex built in 1957; Public water source; Appliances included: electric range, refrigerator, and range hood
    More about this property
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