This beautifully renovated 4-bedroom, 3-bath duplex offers a prime investment opportunity just one mile from the heart of downtown Temple, TX. Over the past two years, the property has been fully updated, featuring modern finishes, refreshed interiors, and well-maintained systems making it truly turnkey for its next owner.Each unit is thoughtfully designed to provide comfortable living spaces, appealing to long-term tenants and future renters alike. The property is currently occupied by two reliable long-term tenants, providing immediate rental income. One lease expires at the end of April, and the other at the end of July, offering flexibility for potential rent adjustments or owner occupancy.Currently, rents are set at $850 per unit, presenting a strong value-add opportunity, as market rents for similar unit in the area can reach up to $1,050. With its ideal location near downtown Temple, recent upgrades, and upside potential in rental income, this duplex is a smart addition to any investment portfolio.
Listed By
Agency Name: Regal, REALTORS
Agency Contact: 972-771-6970
Agent Name: Sara Yasmeen
Shown By
Agent Name: Shelby Milam
Agent Phone: (254) 366-9606
Agency Title: Kelly, Realtors
Estimated Payment
$ 601.62 per month $531.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $69.71 Homeowner's Insurance
414 Cheyenne Drive | MLS# 21211871
This multi-family property located at 414 Cheyenne Drive, Temple, TX 76504 is currently listed for sale with an asking price of $239,000. Cheyenne Drive is located within the Temple ISD school district. Search Temple real estate on shelbymilam.kellyrealtors.com today.