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1807 Mulford Street, Killeen, TX 76541

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For Sale

$1,700,000

36 beds • 36 baths • 5,760 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Apartment
    Property type

  • $295.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

For Sale - 36-Unit Multifamily Portfolio in Killeen, TX! Rare opportunity to acquire two well-located multifamily assets totaling 36 units in the heart of Killeen. Properties include 1807 Mulford St (12 unit building) and 1810 N 8th St (24 unit apartment community). Both properties feature 1-bedroom, 1-bath units with efficient layouts, central heat & air, and off-street parking. Current average rents are approx. $650/month per unit, creating strong cash-flow potential with gross annual income of $280K+ when fully stabilized. Occupancy remains stable due to the properties' proximity to Fort Hood, Central Texas College, Texas A&M-Central Texas, shopping, dining, medical services, and major employment centers. These well-maintained communities offer a steady tenant base, pet-friendly policies, and the opportunity for value-add upgrades to increase returns. Whether you are expanding your multifamily portfolio or entering the Central Texas market, this package provides immediate income and long-term growth potential. Financials and rent rolls available upon request. Each unit offers: - Open-concept living and dining space - Easy-to-maintain tile and laminate flooring throughout - Efficient kitchen with refrigerator and range/oven - Central heat & air conditioning for year-round comfort in 24 units and economical split systems in the 12 unit building Property features - Military & Education Hubs: Just minutes from Fort Cavazos (Fort Hood) and Central Texas College. - Transportation: Only 12 minutes (5.4 miles) from Killeen-Fort Hood Regional Airport, easy access to major highways - Shopping & Dining: Nearby H-E-B, Walmart, Killeen Mall, and a variety of local restaurants. - Healthcare: Close to Advent Health Central Texas, Seton Medical Center, VA Hospital and Scott and White in Temple - Schools: Served by Killeen ISD, with nearby elementary, middle, and high schools.
MLS# 593639

Courtesy Of Colt Real Estate Group

(254) 526-2277

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Oven, Refrigerator
  • Exterior Type
    Masonry
  • Floor Covering
    Laminate, Linoleum, Tile, Vinyl
  • Lot Size
    0.79 Acres

Map and Directions

Directions to 1807 Mulford Street, Killeen, TX 76541

Home seller CENTURY 21 Randall Morris & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Randall Morris & Associates

(254) 634-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.