Two-Unit Duplex with Separate
For Sale
$109,900
422 W GREEN KILLEEN TX 76541, Killeen, TX 76541
Two residential units offer individual utility metering and flexible occupancy options.
Property Size968 SF
Price / SF$113.53
Days on Market135
Property Features for 422 W GREEN KILLEEN TX 76541
General Information
Standard status
Active
Size
968 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1957
Stories
1
Listing Agency:
The Agents Premiere Realty Grp
(254) 218-4177
Listed By:
Julissa Ortiz · License #0826434
(512) 489-7479
Source:
Kwsanantonio
Added: Jun 18
Changed: Oct 25
Last Checked: Oct 28 at 4:38AM
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 The Agents Premiere Realty Grp
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1957, this 968-square-foot duplex contains two separate one-bedroom, one-bathroom residences. Each unit has its own utility meter, providing distinct service arrangements within the property. The building is offered in AS-IS condition, with one residence vacant and the second anticipated to become vacant in August. Both units can therefore be delivered with flexible occupancy status for a new owner. Located in Killeen, the property is configured as a small residential income asset with two individually metered units.
Key Highlights
- Duplex with two 1‑bedroom, 1‑bathroom units
- 968 square feet of total property size
- Separate utility meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,367
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,340
$167.3K
Cap Rate 7%
$119,529
$119.5K
Cap Rate 9%
$92,967
$93.0K
Market Conditions
NOI Build-Up for 968 SF
Gross rent
$12.8K $13.20/SF
− Vacancy
−$825 −$0.85/SF
EGI
$12.0K $12.35/SF
− OpEx
−$3.6K −$3.70/SF
NOI
$8.4K $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%
$167,340
Cap Rate 7%
$119,529
Cap Rate 9%
$92,967
Alternative Uses
Best Use
Multifamily LT 5
$119.5K
$104.6K – $139.5K
NOI $8,367 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$110.6K
$96.8K – $129.0K
NOI $7,741 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$232.5K
$203.4K – $271.3K
NOI $16,275 @ 7.0% cap · market cap 14.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer individual utility metering and flexible occupancy options.
Where is this duplex located?
The property is located at 422 W GREEN KILLEEN TX 76541 Killeen, TX.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Duplex with two 1‑bedroom, 1‑bathroom units; 968 square feet of total property size; Separate utility meters for each unit
