Fourplex with Private
For Sale
$396,000
202 W Truman Avenue, Copperas Cove, TX 76522
Each residence includes a dedicated laundry room and a kitchen that connects to the dining area.
Property Size4,042 SF
Price / SF$97.97
Days on Market169
Property Features for 202 W Truman Avenue
General Information
Standard status
Active
Size
4,042 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
4
Amenities
dedicated laundry room
front porch storage closet
private back porch
Ceiling Fan(s)
Walk-In Closet(s)
Kitchen/Dining Combo
Building Details
Building Size
4,042 SF
Year Built
2006
Stories
2
Units
4
Listing Agency:
Jim Wright Company
(254) 526-5117
Listed By:
Molly Repasch · License #0554928
(254) 371-9932
Source:
Herbstrealestate
Added: May 15
Changed: Oct 29
Last Checked: Oct 27 at 4:01AM
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 Jim Wright Company
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Investment Insights
Based on property information with market context.
Built in 2006, this four-unit residential property contains 4,042 square feet, with each unit measuring more than 1,000 square feet. The floor plan connects the kitchen to the dining area, with a pass-through opening to the living room. Every residence also has its own laundry room, a storage closet at the front porch, and a private back porch. The roof was replaced in October 2025.
The property is located at 202 W Truman Avenue in Copperas Cove, Texas.
The property is located at 202 W Truman Avenue in Copperas Cove, Texas.
Key Highlights
- Four units, each with more than 1,000 square feet
- 4,042‑square‑foot property built in 2006
- Roof replaced in October 2025
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
NOI $34,935 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$461.7K
$404.0K – $538.7K
NOI $32,322 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$970.9K
$849.5K – $1.13M
NOI $67,960 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes a dedicated laundry room and a kitchen that connects to the dining area.
Where is this quadplex located?
The property is located at 202 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 units, each with more than 1,000 square feet; 4,042‑square‑foot property built in 2006; Roof replaced in October 2025
