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2-Unit Duplex with Fenced Yard
For Sale
$120,000

1505 Alamo Ave, Killeen, TX 76541

Both residences are leased and include separate laundry rooms.

Property Size1,759 SF
Price / SF$68.22
Days on Market23

Property Features for 1505 Alamo Ave

General Information

Standard status Active
Size 1,759 SF
Property subtype Multi-Family

Building Details

Year Built 1955
Listing Agency: McG Homestead Rentals & Sales
Listed By: Lisa-Marie McGaughey (254) 415-7480 · License #0661030
Source: Muzzypropertygroup
Added: Sep 21 Changed: Oct 1 Last Checked: Oct 12 at 8:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McG Homestead Rentals & Sales

Investment Insights

Based on property information with market context.

This 1,759-square-foot duplex, built in 1955, comprises two residences with a combined five bedrooms and two bathrooms. The larger unit has three bedrooms and one bathroom; the second has two bedrooms and one bathroom. Each residence has its own laundry room, and a chain-link fence encloses the yard. Windows have been replaced throughout both units, and central heating was installed in 2023.

Both units are currently tenant-occupied. The separate layouts and bedroom counts are clearly defined, with laundry facilities provided in each residence.

Key Highlights

  • Two residences with a combined five bedrooms and two bathrooms
  • 1,759 square feet; built in 1955
  • Three‑bedroom, one‑bathroom unit and two‑bedroom, one‑bathroom unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Kitchen & Bath Showroom Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

521
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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased and include separate laundry rooms.
Where is this duplex located?
The property is located at 1505 Alamo Ave Killeen, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two residences with a combined five bedrooms and two bathrooms; 1,759 square feet; built in 1955; Three‑bedroom, one‑bathroom unit and two‑bedroom, one‑bathroom unit
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