414 Cheyenne Dr, Temple, TX, 76504

About This Home

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, 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.