Are you looking to start or expand your investment portfolio? This fully functional 4-plex at 2317 Terrace Dr presents an excellent opportunity, even for VA and FHA buyers. With three out of four units currently leased, generating a gross rental income of $2,700 per month, the vacant unit allows owner-occupants to meet loan requirements while benefiting from rental income to offset their mortgage.
Each unit features a spacious 3-bedroom, 2-bathroom layout with approximately 1,100 square feet of living space. The open floor plans, ample natural light, and functional designs make these units highly desirable for tenants and owner-occupants alike. Each unit also includes in-unit laundry connections and well-sized bedrooms, providing the space and convenience renters are looking for.
This multi-family property offers immediate cash flow with the potential for increased rental income. Whether you are a seasoned investor or a first-time buyer looking to live in one unit while renting out the others, this property is a solid investment for long-term financial growth. Don't miss out on this opportunity—schedule your showing today.
Closed
Price Unknown
2317 Terrace Dr, Killeen, TX 76543
12beds
8baths
4,812sqft
Quadruplex, Multi Family, Multi Family
Built in 2004
-- sqft lot
$425,000 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 10:38am
Listed by:
Madison Brown (254)432-7030,
Isbell REALTORS,
Joshua Isbell 254-498-6025,
Isbell REALTORS
Bought with:
Lori Knapp, TREC #0781610
All City Real Estate Ltd. Co
Source: Central Texas MLS,MLS#: 568931
Originating MLS: Fort Hood Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Oven
- Laundry: Inside, In Unit
Features
- Ceiling Fan(s), Tub Shower, Vanity, Breakfast Area
- Flooring: Carpet, Linoleum, Vinyl
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 4,812 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Back Yard,Chain Link,Privacy
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 9,600 sqft
Details
- Parcel number: 352241
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Killeen
- Subdivision: Fisher Comm Sub
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$425,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$425,000