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Four-Unit Multifamily Property

105 W Truman Avenue, Copperas Cove, TX 76522

For Sale
$396,000

Residential, Copperas Cove, TX

Property Size4,042 SF
Lot Size0.26 Acres
Price / SF$97.97
Days on Market185

Property Features for 105 W Truman Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 3, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 8, Bathroom 2
Interior features CeilingFans, TubShower, KitchenDiningCombo
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, Range
Subdivision Gilmore
Lot features City Lot, Quarter To Half Acre Lot
Elementary school district Copperas Cove ISD
Middle school district Copperas Cove ISD
High school district Copperas Cove ISD
Directions From the intersection of Bus 190 and Ave D, head west on Ave D to N. 1st St. Turn right on N. 1st St. Turn right onto W. Truman. The property will be on your right.
Standard status Active
APN 119753
Size 4,042 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S P GILMORE ADDN, BLOCK 13, LOT 7 S 100', ACRES .264
Tax Annual Amount 4814
Legal Description S P GILMORE ADDN, BLOCK 13, LOT 7 S 100', ACRES .264

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

dedicated laundry room
front porch storage closet
private back porch

Building Details

Year built 2006
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials BrickVeneer, LapSiding
Roof type Composition, Shingle
Buildings 1
Listing Agency: Jim Wright Company
Listed By: Molly Repasch · License TX #0554928
Added: May 14 Changed: Nov 10 Last Checked: Nov 14 at 12:06AM
MLS# 613708

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2006, this four-unit multifamily property contains 4,042 square feet on a 0.264-acre lot. Each residence measures over 1,000 square feet and includes a kitchen connected to the dining area, a pass-through to the living room, a dedicated laundry room, front porch storage, and a private back porch.

The building combines brick veneer and lap siding with composition and shingle roofing. Interior finishes include vinyl and carpet flooring, ceiling fans, central electric heating, and central air conditioning. Kitchens are equipped with dishwashers, electric ranges, refrigerators, and electric water heaters.

Public water and public sewer serve the property at 105 W Truman Avenue in Copperas Cove, Texas. The unit layout includes eight bedrooms and four bathrooms in total.

Key Highlights

  • Four‑unit property totaling 4,042 square feet on 0.264 acres
  • Each unit measures over 1,000 square feet
  • Built in 2006 with brick veneer and lap siding

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,935
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,700 $698.7K
Cap Rate 7%
$499,071 $499.1K
Cap Rate 9%
$388,167 $388.2K
Market Conditions
NOI Build-Up for 4,042 SF
Gross rent
$53.4K $13.20/SF
− Vacancy
−$3.4K −$0.85/SF
EGI
$49.9K $12.35/SF
− OpEx
−$15.0K −$3.70/SF
NOI
$34.9K $8.64/SF
Area
Coryell County, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,700
Cap Rate 7%
$499,071
Cap Rate 9%
$388,167

Alternative Uses

Best Use
Multifamily LT 5
$499.1K
$436.7K – $582.3K (±1% cap)
NOI $34,935 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$461.7K
$404.0K – $538.7K (±1% cap)
NOI $32,322 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$970.9K
$849.5K – $1.13M (±1% cap)
NOI $67,960 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

657
Businesses Nearby

Demographics for 76522, TX

41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer open kitchen and dining areas, dedicated laundry rooms, storage, and private rear porches.
Where is this quadplex located?
The property is located at 105 W Truman Avenue Copperas Cove, TX.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: Four‑unit property totaling 4,042 square feet on 0.264 acres; Each unit measures over 1,000 square feet; Built in 2006 with brick veneer and lap siding
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