Active

111 S 33rd Street

Temple, TX 76504
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Bed 23

Bed

Bath 12

Bath

SqFt10,500

Sqft

Acres0.09

Acre(Lot)

Fix it. Flip it. Reimagine it. This is the kind of diamond in the rough that seasoned investors dream about! Located just off Adams Avenue and minutes from Baylor Scott & White, this versatile commercial property is packed with potential and poised for transformation. Main Building: Approx. 10,707 sq. ft. – a solid shell ready for your vision Additional Structures: A 2-bedroom frame home, former laundry building, and garage/storage area The property is zoned commercial and was previously used as an independent living facility, but the possibilities are wide open: Multi-tenant office space Assisted living or residential rehab facility Boutique lodging or studio space Storage and service-oriented business All buildings are sold AS IS – yes, they need extensive rehab, but this is your blank c anvas. MOTIVATED SELLER – Extremely negotiable on cash offers, outside financing AND open to OWNER FINANCING! Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT – PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX! Don’t wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won’t sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!

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Detail Ic Property Details

Property Type : Residential

Price : $359,000

AD Id : 88373614

MLS Id : 609158

Beds : 23

Lot Size : 0.09 Acre

Living Area Size : 10,500

Year Built : 1948

County : Bell

Subdivision: Temple Heights

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Feature Features

  • Interior Features

    MultipleClosets, SeeRemarks, EatInKitchen
    Roof: Composition, Shingle
    Appliances: Other, SeeRemarks
    Laundry Features: Inside, LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1948
    Construction Materials: Masonry
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Lot Size Acres: 0.087

    Property Information

    Subdivision: Temple Heights Source Property Type: Residential Property SubType: Townhouse Levels: One Property Age: 78

  • Listing Price Information

    Listing Price: $359000
    Original Price: $399000
    Cash, Conventional, OwnerMayCarry

  • Tax Information

    Parcel Number: 118896 Tax Lot: 6 Tax Block: 1 Tax Legal Desc: TEMPLE HEIGHTS, BLOCK 001, LOT PT 6, (SW COR OF 6, 51.13' X 74.4'), ACRES .087

  • Utility Information

    WaterAvailable
  • Location Information

    Direction: Head west on W Adams Ave. Continue straight for about 2 miles. Turn left onto S 31st St. Drive south for about half a mile. Turn right onto W Avenue J. Then turn left onto S 33rd St. Continue a short distance — 111 S 33rd St will be on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
709 S 28th Street #A, Temple, TX, 76504 $180,000 3 3 1,378 1,378 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 06:55

MLS: 609158 LISTED BY: Elizabeth Thomas, All City Real Estate Ltd. Co 866-277-6005 SOURCE: CTEXAS

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