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.
Property Features
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
Utilities
Cable Available
Parking
Covered
Fire Place
Living Room
School Information
School Information for 414 Cheyenne Drive, Temple, TX 76504
Elementary School
Western Hills
Middle School
Bonham
High School
Temple
Listing Courtesy: Regal, REALTORS - 972-771-6970
Presented by: Sara Yasmeen
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-03-28 16:50:30
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..