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Fully Occupied Duplex with Assigned Parking
For Sale
$165,000

506 W Green Avenue, Killeen, TX 76541

MULTI_FAMILY - Killeen, TX

Lot Size0.21 Acres
Days on Market14

Property Features for 506 W Green Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Parking 4
Parking features Assigned
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, Pantry, CableTv
Fencing Fenced
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
Subdivision Carter
Elementary school Westward
Middle school Nolan
High school Killeen
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions See GPS.
Standard status Active
APN 17945
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description CARTER, BLOCK 002, LOT 0004
Tax Annual Amount 3274
Legal Description CARTER, BLOCK 002, LOT 0004

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating), Electric (Heating)
Cooling system Central Air, Electric, Attic Fan, Ceiling Fan(s)
Water source Public

Building Details

Year built 1998
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Block
Roof type Composition
Listing Agency: Q.Co
Listed By: Sinlo Lok · License #0598291
Added: Jul 17 Changed: Jul 29 Last Checked: Jul 30 at 4:06PM
MLS# 21318526

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 fully occupied duplex at 506 W Green Avenue offers four identical units. Each unit includes 2 bedrooms and 1 bath, with a kitchen open to the living and dining areas. Vinyl plank flooring runs throughout each unit. Tenants have private backyards, and the property provides assigned front parking spaces for each unit.

The property is located in Killeen, Texas, listed as being about 10 miles (3 miles) from Fort Cavazos (Fort Hood). Separate utility meters are provided, and tenants pay their own utilities.

At the time of listing, Unit A is on a month-to-month lease at $950 per month, and Unit B is at $925 per month with an expiration date listed as July 2027. Buyer and buyer’s agent should verify all information provided, including measurements and school details.

Key Highlights

  • Fully occupied duplex with 4 identical units; each unit has 2 bedrooms and 1 bath.
  • Current rents: Unit A $950/month (month to month); Unit B $925/month (expires July 2027).
  • All utilities are separately metered and paid by the tenants.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Butcher Locksmith Carpet & Flooring Store Tanning Salon

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

954
Businesses Nearby

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
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?
Duplex - Four identical 2-bed/1-bath units with private backyards and assigned front parking.
Where is this duplex located?
The property is located at 506 W Green Avenue 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: Fully occupied duplex with 4 identical units; each unit has 2 bedrooms and 1 bath.; Current rents: Unit A $950/month (month to month); Unit B $925/month (expires July 2027).; All utilities are separately metered and paid by the tenants.
More about this property
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