306 N Gilmer Street

For Sale

306 North Gilmer Street, Killeen, TX 76541

This Killeen property for sale is located at 306 North Gilmer Street. The current listed sale price for 306 N Gilmer Street is $2,550,000. 306 N Gilmer Street is situated on a lot that is 0.96 acre in size.

Contacts

broker
Ryan Franckhauser

KW Commercial | Lubbock, TX

broker
Greg Brownd

KW Commercial | Lubbock, TX

Property Details

  • Property Type Multi-Family
  • Lot Size 0.96 Acre
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated Aug 12, 2025

The Gilmer Street Apartments are a 33-unit community consisting of 14 three-bedroom units, 16 two-bedroom units, 3 one-bedroom units, and a newly installed laundry room. There is an opportunity to increase the existing cash flow through both upgrading units to achieve rental premiums and implementing RUBS to offset the property's water utility expenses. Additional positive attributes include consistently high occupancy, metal roofs, PVC plumbing, and recently updated catwalks and staircases.

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Attachments

Getting around

  • 67/100

    Walk Score ®

  • 57/100

    Bike Score ®

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Location

  • City Killeen, TX
  • Neighborhood Killeen
  • Zip Code 76541
  • Market Central East Texas

Points of Interest

  • Valero

    0.44 miles

  • Exxon

    0.65 miles

  • 7-Eleven

    0.66 miles

  • Texaco

    0.95 miles

  • E-Z Way

    1.24 miles

  • Shell

    1.25 miles

  • CEFCO

    1.62 miles

  • Chevron

    2.06 miles

  • Tesla Supercharger

    5.66 miles

  • Parking Lot C

    4.15 miles

  • Killeen-Fort Hood Regional Airport Parking

    6.43 miles

  • Short Term Parking (Killeen-Fort Hood Regional Airport)

    6.49 miles

  • Rental Lot

    6.50 miles

  • La Quinta Inn Killeen - Fort Hood

    1.08 miles

  • Holiday Terrace

    1.44 miles

  • High Fye Inn

    1.59 miles

  • Fairfield Inn

    1.69 miles

  • Candlewood Suites

    1.70 miles

  • WoodSpring Suites Killeen

    1.72 miles

  • Holiday Inn

    1.74 miles

  • Residence Inn

    1.77 miles

  • TownePlace Suites Killeen

    1.78 miles

  • Motel 6

    1.99 miles

  • O Mart

    0.72 miles

  • Big Lots

    0.79 miles

  • HomeSmart

    0.84 miles

  • USA Living

    0.94 miles

  • USA Discounters

    0.94 miles

  • Warrior Way Commissary

    1.19 miles

  • H-E-B plus!

    2.22 miles

  • Walmart Supercenter

    2.35 miles

  • Killeen Mall

    2.38 miles

  • Dillard's

    2.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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