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Well-Maintained Income Triplex
For Sale
$165,000

401 S 40TH KILLEEN TX 76543, Killeen, TX 76543

A maintained triplex with tenant-occupied Units A and C and a newly renovated Unit B.

Property Size2,100 SF
Price / SF$78.57
Days on Market59

Property Features for 401 S 40TH KILLEEN TX 76543

General Information

Standard status Active
Size 2,100 SF
Property subtype Triplex

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1965
Stories 1
Tenancy Multi
Listing Agency: Exp Realty Llc
Listed By: LeeRoy Kusto · License #0823630
Source: Kwsanantonio
Added: Jun 26 Changed: Aug 23 Last Checked: Aug 23 at 2:33AM

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 Exp Realty Llc

Investment Insights

Based on property information with market context.

This income-producing triplex includes three separate units: Units A and C are already tenant-occupied, while Unit B has been newly renovated. The property has been well maintained, including a brand-new roof, supporting a turn-key ownership experience for either an owner-occupant or an investor.

The asset is located in Killeen with convenient access to shopping, dining, and schools. Public remarks also note proximity to Fort Cavazos.

With two units in place and Unit B recently updated, the property is suited for buyers looking for an income-generating residential rental setup. It may also appeal to an owner-occupant who can live in Unit B while benefiting from rental income from Units A and C.

Key Highlights

  • Triplex built in 1965 with Units A and C tenant‑occupied for immediate cash flow
  • Unit B newly renovated, offering additional rental income or owner occupancy
  • Brand‑new roof on the triplex

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Skin Care Clinic

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

334
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - A maintained triplex with tenant-occupied Units A and C and a newly renovated Unit B.
Where is this triplex located?
The property is located at 401 S 40TH KILLEEN TX 76543 Killeen, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Triplex built in 1965 with Units A and C tenant‑occupied for immediate cash flow; Unit B newly renovated, offering additional rental income or owner occupancy; Brand‑new roof on the triplex
More about this property
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