USATXKilleenColonial Heights501 N 46Th St
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$330,000

4 months ago

501 N 46 Th St, Killeen, TX

0 Bed

0 Bath

4216 sqft

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MLS® 593776

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 4216 sqft
Garage No
Taxes 
Days Active 121
Lot Size 0.229 acres
Approx. Age 1980
Avg. Price Per Sqft $78
MLS® Number 593776

Property Address: 501 N 46th St, Killeen, TX, 76543-7819

Average square foot calculated using Size range provided by listing agent.

Description

This quadplex offers an excellent opportunity for investors looking to add a value-driven multifamily property to their portfolio. Featuring four 2-bedroom, 1-bathroom units and over 4, 200 square feet of total living space, it provides immediate rental income with strong potential for increased returns through rent optimization. Three units are currently leased with monthly rents of $600, $550, and $800, and market rents in the area support a pro forma of approximately $850 per unit. With one vacant unit ready to lease or update, there’s a clear opportunity to bring all units to market value and increase overall income potential. Each unit is individually metered for electricity, while water and trash services are included in the lease — helping keep utility costs predictable and appealing to tenants. The property sits on a 0.22-acre lot with off-street parking and is conveniently located near shopping, schools, major employers, and Fort Hood, making it attractive to a wide range of renters. Whether you’re expanding your portfolio or beginning your multifamily investment journey, this property offers a solid foundation for long-term cash flow growth and appreciation in a high-demand rental market.
MLS® Number593776
Laundry LevelWasher Hookup, Electric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.229
Exterior
GarageNo
Approx. Age1980
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2025List Date
$330,000List Price
-End Date
Not Sold YetSold Price

For Rent

Aug 19, 2025List Date
$750List Price
  • Commute

Commute

Starting Address
Destination Address
501 N 46 Th St, Killeen, TX

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