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Four-Unit Brick Quadplex
For Sale
$325,000

1112 Eastside Drive, Killeen, TX 76543

ResidentialIncome, Killeen, TX

Property Size3,420 SF
Lot Size0.19 Acres
Price / SF$95.03
Days on Market51

Property Features for 1112 Eastside Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Parking 8
Interior features HighSpeedInternet, Pantry
Appliances Dryer, Dishwasher, Disposal, GasOven
Subdivision Longbranch Sec I Rep L
Elementary school Killeen
Middle school Rancier,Brookhaven
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Take I-14 (US-190) toward Killeen, exit E Rancier Ave (FM 439) head east on E. Rancier Ave turn onto eastside dr, continue to 1112 Eastside dr
Standard status Active
APN 70122
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LONGBRANCH SECTION I REPLAT (LTS 1-2 BLK 1),
Legal Description LONGBRANCH SECTION I REPLAT (LTS 1-2 BLK 1),

Utilities

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

Building Details

Year built 1983
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Brick
Roof type Asphalt
Buildings 1
Listing Agency: Morine Empire Realty
Listed By: Naomi Greenlee · License #0715332
Added: Sep 10 Changed: Oct 28 Last Checked: Oct 30 at 12:06AM
MLS# 21383399

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.

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Investment Insights

Based on property information with market context.

This 3,420-square-foot quadplex contains four residential units, each arranged with 2 bedrooms and 1 bathroom. The interiors include open living and dining areas, kitchens with pantry storage, tile flooring, central electric heating and cooling, and high-speed internet capability. Appliances include gas ovens, dishwashers, disposals, and dryers. Brick construction, an asphalt roof, and a 1983 construction date further define the property.

The property occupies 0.186 acres at 1112 Eastside Drive in Killeen, Texas. Residents have access to on-site parking, public water, and public sewer. The location is described as being near schools, shopping centers, and dining options, while the residential layout supports continued multifamily use.

Key Highlights

  • 3,420‑square‑foot quadplex with four residential units
  • Each unit includes 2 bedrooms and 1 bathroom
  • Brick construction completed in 1983

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,559
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,180 $591.2K
Cap Rate 7%
$422,271 $422.3K
Cap Rate 9%
$328,433 $328.4K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$45.1K $13.20/SF
− Vacancy
−$2.9K −$0.85/SF
EGI
$42.2K $12.35/SF
− OpEx
−$12.7K −$3.70/SF
NOI
$29.6K $8.64/SF
Area
Killeen, 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%
$591,180
Cap Rate 7%
$422,271
Cap Rate 9%
$328,433

Alternative Uses

Best Use
Multifamily LT 5
$422.3K
$369.5K – $492.7K (±1% cap)
NOI $29,559 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$390.7K
$341.9K – $455.8K (±1% cap)
NOI $27,348 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$821.5K
$718.8K – $958.4K (±1% cap)
NOI $57,502 @ 7.0% cap · market cap 17.69%
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
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

179
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Residential units feature two-bedroom, one-bath layouts with open living and dining areas.
Where is this quadplex located?
The property is located at 1112 Eastside Drive Killeen, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,420‑square‑foot quadplex with four residential units; Each unit includes 2 bedrooms and 1 bathroom; Brick construction completed in 1983
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