111 S 33rd Street
Temple, Texas 76504

Active / MLS #609192 / Single Family / Temple
Listing information updated 5/18/2026 at 1:08pm
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 canvas. 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!

Listing Agent: Elizabeth Thomas

Listing Office: All City Real Estate Ltd. Co

Agent Contact Information: (866) 277-6005

Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

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111 S 33rd Street, Temple, TX 76504 is a single family home currently listed at $369,000. 111 S 33rd Street features 20 Beds, 12 Baths. This single family home has been listed on Christie’s International Real Estate @properties lone star since April 1st, 2026 and was built in 1948.