4-Unit Multifamily
For Sale
$370,000
905-911 S 17th Street #4, Copperas Cove, TX 76522
Four residences occupy one parcel, each with a separate entrance.
Property Size2,400 SF
Price / SF$154.17
Days on Market258
Property Features for 905-911 S 17th Street #4
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi Family Home
Additional Details
Asking Price
$399,000
Multifamily Units
4
Tenant in Place
Yes
Amenities
Ceiling Fan(s)
Tub Shower
Building Details
Building Size
2,400 SF
Year Built
1968
Stories
1
Units
1
Listing Agency:
Colt Real Estate Group
(254) 526-2277
Listed By:
James Switzer · License #707502
(254) 289-7163
Source:
Herbstrealestate
Added: Feb 18
Changed: Oct 27
Last Checked: Oct 31 at 2:57PM
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 Colt Real Estate Group
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Investment Insights
Based on property information with market context.
This 4-unit property contains 2,400 square feet across four separate residences on one parcel. Each unit has its own entrance, creating a clearly divided configuration. The building dates to 1968.
The property is in Copperas Cove, near Fort Cavazos, shopping, dining, schools, and major thoroughfares. Tenant occupancy is in place; showings are by appointment, and tenants should not be disturbed.
The property is in Copperas Cove, near Fort Cavazos, shopping, dining, schools, and major thoroughfares. Tenant occupancy is in place; showings are by appointment, and tenants should not be disturbed.
Key Highlights
- Four units on one parcel
- 2,400 square feet
- Separate entrance for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,743
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,860
$414.9K
Cap Rate 7%
$296,329
$296.3K
Cap Rate 9%
$230,478
$230.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$31.7K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.6K $12.35/SF
− OpEx
−$8.9K −$3.70/SF
NOI
$20.7K $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%
$414,860
Cap Rate 7%
$296,329
Cap Rate 9%
$230,478
Alternative Uses
Best Use
Multifamily LT 5
$296.3K
$259.3K – $345.7K
NOI $20,743 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
272
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 - Four residences occupy one parcel, each with a separate entrance.
Where is this quadplex located?
The property is located at 905-911 S 17th Street #4 Copperas Cove, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Four units on one parcel; 2,400 square feet; Separate entrance for each unit
