Building Details

Year Built 1970

Listing Agency: Keller Williams Johnson County e***@gmail.com Show Phone

Listed By: Elgina Parilla · License #0730931

Source: Christenberrygroup

Added: Jul 31 Changed: Aug 29 Last Checked: Aug 29 at 8:34PM

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Investment Insights

Based on property information with market context.

This 1970-built quadplex includes four units with a combined seven bedrooms and four bathrooms. The units are fully rented, and units A, B, and D have central AC. An additional unfinished unit is currently used for storage and provides separate interior space within the existing property. The site encompasses nearly 1 acre and includes a substantial backyard.

Located near Southwestern Adventist University in Keene, the property is positioned close to a named educational institution. Each unit has its own water meter and electric meter, while heating is served by one shared gas meter. The property also includes the existing four-unit configuration and the unfinished storage area for future planning consideration.

Key Highlights

• Four units with 7 bedrooms and 4 bathrooms
• Nearly 1 acre with a large backyard
• Fully rented units

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Building Supply Big Box & Wholesale Store Hair 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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

211

Businesses Nearby

Explore this area Business Placement

Demographics for 76059, TX

4,928

Population

2,100

Households

2.3

Avg Household Size

34

Median Age

28%

College-Educated

83%

High-School Grad

2.5 sq mi

ZIP Area

1,971

Density / Sq Mi

$50,000

Median Household Income

$32,614

Median Earnings

$939

Median Rent

$223,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully occupied property includes separate water and electric meters and an unfinished storage area.

Where is this quadplex located?

The property is located at 109 E 4th St Keene, TX.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Four units with 7 bedrooms and 4 bathrooms; Nearly 1 acre with a large backyard; Fully rented units