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Income-Producing Triplex with Renovated Unit

401 S 40th Street Killeen, TX 76543

401 S 40th Street, Killeen, TX, 76543
$165,000
For Sale
$165,000

MULTI_FAMILY - Other - Killeen, TX

Property Size2,100 SF
Lot Size0.15 Acres
Price / SF$78.57
Days on Market28

Property Features for 401 S 40th Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Rooms
Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5
Interior features
CeilingFans
Appliances
GasRange, SomeGasAppliances
Standard status
Active
APN
56140
Size
2,100 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
BROOKSVILLE ADDITION, BLOCK 002, LOT 0011
Tax Annual Amount
3370

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1965
Floors in Building
1
Number of units
3
Flooring type
Vinyl
Building materials
VinylSiding
Roof type
Composition, Shingle
Architectural style
Other
Listing agency Exp Realty Llc
Listed by Leeroy Kusto · License #0823630
Added: Jun 26 Updated: Jul 18 at 9:34AM Checked: Jul 23 at 10:06AM
MLS# 618079

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale triplex includes three separate units on a compact lot in Killeen. The property is described as well-maintained and features a brand-new roof. Unit B has been newly renovated, while Units A and C are already tenant-occupied, creating an opportunity for ongoing rental performance and flexible owner-occupant planning.

The property is located at 401 S 40th Street in Killeen, Texas, in Bell County. Public remarks note convenient access to shopping, dining, and schools, along with proximity to Fort Cavazos, which can support a steady flow of prospective tenants. With two units already occupied, the current setup may appeal to buyers seeking reduced downtime between tenancy.

From a practical standpoint, this configuration suits an owner-occupant who wants to live in the updated Unit B while collecting rent from the other units. It also fits investors looking for a turnkey triplex with an immediate tenant base in Units A and C, plus an enhanced unit ready for continued rental use. The combination of a newly installed roof and a renovated interior component may help simplify near-term property maintenance planning for the next owner.

Key Highlights

  • Income‑producing triplex with Units A and C already tenant‑occupied
  • Unit B newly renovated, offering rental income potential or owner occupancy
  • Brand‑new roof reported

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Skin Care Clinic Kitchen & Bath Showroom Electrical Service Accounting Firm Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex offers a brand-new roof and renovated Unit B with two units currently tenant-occupied.
Where is this triplex located?
The property is located at 401 S 40th Street 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: Income‑producing triplex with Units A and C already tenant‑occupied; Unit B newly renovated, offering rental income potential or owner occupancy; Brand‑new roof reported
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