Courtesy: Keller Williams Realty, Waco
254-751-7900
Investment opportunity in Waco! 1716 Ethel Avenue is a four-unit property offered as part of a multi-property investment portfolio. The property consists of two buildings: a front triplex comprising 1716, 1718, and 1720 Ethel Avenue, plus a detached cottage at 1714 Ethel Avenue. All four residences feature 1-bedroom, 1-bath floor plans, providing a desirable and efficient rental configuration. All four units are currently tenant occupied, providing established rental income. The property has benefited from extensive improvements and offers a stabilized investment opportunity with tenants in place. This property is being offered in conjunction with 1702 Ethel Avenue and 1704 Ethel Avenue as part of a larger 9-unit investment portfolio. Contact your real estate professional for additional information regarding the portfolio, leases, financials, and availability. Please do not disturb tenants.
Courtesy: Keller Williams Realty, Waco
254-751-7900
Investment opportunity in Waco! 1704 Ethel Avenue is a fully renovated duplex offered as part of a multi-property investment portfolio. The property consists of two 1-bedroom, 1-bath units, with one located upstairs and one downstairs. Units A and B feature similar floor plans and have undergone extensive interior renovations, including mini-split systems for heating and cooling. Both units are stabilized with tenants currently in place, offering immediate rental income for the new owner. This property is being offered in conjunction with 1702 Ethel Avenue and 1716 Ethel Avenue as part of a larger 9-unit investment portfolio. Contact your real estate professional for additional information regarding the portfolio, leases, financials, and availability. Please do not disturb tenants.
Courtesy: Keller Williams Realty, Waco
254-751-7900
Investment opportunity in Waco! 1702 Ethel Avenue is a fully renovated triplex offered as part of a multi-property investment portfolio. The property consists of three residential units: a spacious 4-bedroom, 1-bath lower unit in the main residence, a 2-bedroom, 2-bath upper unit, and a detached 1-bedroom, 1-bath cottage located at the rear of the property. All three units have undergone extensive renovations and feature mini-split systems for heating and cooling. The property offers ample off-street parking and separate water, gas, and electric meters for each unit, providing an attractive setup for investment ownership and property management. Additional properties available as part of the portfolio include 1704 Ethel Avenue and 1716 Ethel Avenue. Contact your real estate professional for additional information regarding the portfolio offering, financials, leases, and availability. Please do not disturb tenants.
Courtesy: The McLeod Company
Courtesy: The McLeod Company
Courtesy: The McLeod Company
Courtesy: Keller Williams Realty, Waco
254-751-7900
Two sides, eight bedrooms, eight baths — one smart investment. This Waco duplex sits in the Baylor Bubble and offers approximately 3,506 total square feet across two 1,753-square-foot units, each with 4 bedrooms and 4 full baths—one bedroom and bath downstairs, three up—for privacy without sacrificing shared living space. Each unit also has its own living area, dining space, kitchen, and laundry. Side A (shown in photos) features neutral wood-look vinyl-plank flooring, abundant natural light, ceiling fans, and a well-equipped kitchen with ample cabinetry and counter space, a dishwasher, microwave, range, and refrigerator. Upstairs bedrooms offer good closet storage. Painted brick, off-street concrete parking, and a fenced backyard round out the exterior. Built in 2002 and close to Baylor University, 1916 S 15th St pairs eight bedrooms and eight full baths across two identical 4-bed,4-bath floor plans, each a fully self-contained unit.
Courtesy: The McLeod Company
Courtesy: The McLeod Company
Courtesy: Bramlett Partners
Prime investment opportunity within walking distance of Baylor University! This updated duplex features two separate 2-bedroom, 2-bath units for a total of 4 bedrooms and 4 full bathrooms. Currently leased for a combined $3,600 per month, the property offers immediate rental income along with plenty of flexibility for the next owner. Both units feature bright, open living spaces, updated kitchens and bathrooms, in-unit laundry, and thoughtfully designed layouts that feel more like home than your typical student rental. Outside, you'll find a large fenced backyard, ample parking, alley access, and an upstairs balcony. With eligibility for both short-term and long-term rentals, there are multiple ways to make this property work for you. Continue leasing both units, utilize one or both as short-term rentals, or purchase for your Baylor student to live in one side while generating income from the other. The property can also be sold partially furnished for an even easier transition. Updated, income-producing, STR eligible, and conveniently located near Baylor, this duplex is ready for its next investor. Schedule your private showing today!
Courtesy: EG Realty
Welcome to this beautiful newer-construction duplex in Waco, TX! Each side features 2 bedrooms, 2 bathrooms, and 1,218 square feet of thoughtfully designed living space. Both units offer an open-concept floor plan with vinyl flooring throughout, creating a clean and modern feel. The primary suites feature spacious bathrooms with dual vanities and walk-in closets with open shelving for added storage. Each unit also includes its own private balcony, while the property offers parking for up to four vehicles. Rain gutters add an extra layer of functionality, and all appliances convey with the sale, including the washer and dryer. Located just minutes from Downtown Waco, local restaurants, and shops, this property is also only 4 minutes from Baylor University, making it an appealing location for tenants and investors alike. Whether you're looking to expand your investment portfolio or secure a well-maintained, income-producing property, this newer-construction duplex offers a fantastic opportunity in a convenient Waco location.
Courtesy: Burns Real Estate Services
Income producing duplex currently renting at $2600 a month. Financials available upon request. Centrally located on a oversized lot with an outbuilding that could be used as storage and additional parking. All information deemed reliable but not guaranteed. Buyer will need to verify.
Courtesy: Bluebonnet Properties Inc.
Each side of the duplex has 3 bedrooms, 2 baths, privacy fenced in back yard, and a 2 car garage attached. It is a great investment property. The duplex is located in the highly sought after Robinson ISD school district. Unit 137 is leased from 12-1-2025 to 11-30-2026 at $1495 per month. Unit 139 is leased from 3-1-2026 to 2-28-2027 at $1495 per month.
Courtesy: Axio Real Estate LLC
254-776-8100
Adorable modern farmhouse style shiplap cottage being sold fully furnished and currently operating as a income producing Airbnb, making it a perfect opportunity for investors or buyers looking for a move-in ready home. This charming 3 bedroom, 2 bathroom home features an open layout with stylish finishes throughout, including beautiful shiplap walls and warm wood ceilings that create a cozy cottage feel, the kitchen offers ample cabinetry, modern appliances, and great flow into the dining and living areas, making the space both functional and inviting, plus a large walk-in utility room that comes with washer & dryer, each bedroom is spacious and thoughtfully designed, plus 2 full bathrooms. Step outside to enjoy the large backyard, perfect for relaxing, entertaining, or future outdoor additions. With its unique character, modern updates, and proven short-term rental history, this home offers both charm and income potential. Whether you're looking for a turnkey Airbnb investment, weekend getaway, or full time residence, this super cute cottage is ready to go.(Bonus: Seller also has 3 more airbnb's available, package deal optional)
Courtesy: Axio Real Estate LLC
254-776-8100
Turn-key investment opportunity in the heart of Waco! This fully furnished 3-bedroom, 3-bath home offers a flexible layout and is ready for its next owner. The remodeled interior features a stylish kitchen with custom cabinetry, stainless steel appliances, gas range, farmhouse sink, and pot filler. Two bedrooms feature private en-suite baths, making the layout especially appealing for short-term, mid-term, or long-term rental use. The spacious primary suite includes dual vanities, a walk-in shower, freestanding tub, and walk-in closet. Outside, enjoy a large backyard, spacious deck, and detached garage offering additional storage or future potential. Conveniently located near Baylor University, downtown Waco, Magnolia, shopping, dining, and major attractions. An excellent opportunity for an investor looking for a furnished, move-in or rental-ready property in a strong Waco location.Currently an income producing Airbnb.
Courtesy: Axio Real Estate LLC
254-776-8100
Fully furnished and move-in ready! This updated 3-bedroom, 2-bath home is currently operating as a income producing Airbnb and offers a fantastic opportunity for investors or homeowners alike. The open living space flows into the kitchen featuring a large island with seating. The primary bedroom includes its own private bathroom for added comfort. Outside, you’ll find a spacious fully fenced backyard and a detached garage providing extra storage or workspace. Conveniently located near McLennan Community College and just minutes from local shopping and dining. (3 more Airbnb’s available if interested in a package deal!!)
Courtesy: Axio Real Estate LLC
254-776-8100
Adorable, fully furnished home currently operating as an income-producing short-term rental! This charming 3-bedroom, 2-bath home features a warm and inviting layout with a spacious living area, granite countertops in the kitchen, and a cozy breakfast area. The bright enclosed sunroom offers flexible additional space—perfect for a game room, home office, or second living area. Outside, enjoy a large fenced backyard with plenty of room to relax or entertain, plus a detached garage offering excellent storage or workshop space. Whether you're looking for a move-in ready home, furnished investment property, or short-term rental opportunity, this one is ready to go! Bonus: Seller has three additional furnished Airbnb properties available and may consider a package sale.
Courtesy: Campus, REALTORS
Parent or Investor Buyers!!! Located just minutes from Baylor University, this Baylor Bubble duplex offers two spacious 4-bedroom, 2-bathroom units, ideal for student housing or investment. Each unit features an open living area, full kitchen, washer and dryer connections, and ample gated parking. Strong rental demand and proximity to campus, restaurants, and downtown Waco make this property a turnkey opportunity for steady income and long-term value. Both units currently leased $1,800 each through July 20th, of 2027.
Courtesy: Graceland Real Estate
Investment Opportunity in the Baylor Bubble! Positioned in the highly desirable Baylor Bubble with convenient access to Baylor University and just minutes from downtown Waco, this well-appointed duplex offers an excellent opportunity for investors, student housing, or those seeking a property with strong income-generating potential. Each unit features 4 bedrooms and 2 bathrooms, providing a total of 8 bedrooms and 4 bathrooms across the property. Inside, each unit offers a spacious, open-concept layout designed for comfortable living and entertaining, complemented by vaulted ceilings that create an airy, inviting atmosphere. The kitchens are equipped with all appliances and feature a functional island with additional storage, making meal preparation and gathering effortless. Step outside to enjoy the private fenced backyard, complete with a patio, fire pit, and outdoor table and chairs—an inviting space for relaxing, entertaining, or enjoying evenings outdoors. A paved driveway provides 8 parking spaces, adding valuable convenience for residents and guests. With its proximity to Baylor University, downtown Waco, local restaurants, shopping, and entertainment, this duplex offers a prime location for tenants looking to enjoy all that the area has to offer. Whether you're expanding your investment portfolio or looking for a property with versatile income potential, this duplex combines desirable amenities, ample bedroom count, and a sought-after location. SELLER IS OFFERING $10,000 TOWARD BUYER CLOSING COSTS WITH AN ACCEPTABLE OFFER.
Courtesy: Paramount Realty & Management
Caroline Place is an exceptional investment opportunity, whether you're looking to expand your real estate portfolio or purchase housing for Baylor University parents, students, or faculty. Located at 1708 S. 9th Street, Waco, TX 76706, this well-maintained triplex sits in the highly desirable Baylor University Bubble, just minutes from campus. Its premier location offers consistent rental demand and excellent long-term investment potential. The property features three spacious units, each offering 3 bedrooms and 2 full bathrooms, for a total of 9 bedrooms and 6 bathrooms. Every unit has been thoughtfully updated with modern finishes and move-in-ready appeal while maintaining comfortable, functional floor plans with generous living and dining spaces. Residents enjoy convenient access to Downtown Waco, Magnolia Market at the Silos, shopping, dining, coffee shops, and many of the area's most popular attractions. The property's unbeatable location continues to attract tenants seeking proximity to Baylor University and the vibrant Waco community. Whether you're searching for a turnkey, income-producing asset or housing in one of Waco's most sought-after neighborhoods, Caroline Place offers updated interiors, an outstanding location, and strong rental potential—all in one exceptional investment.
Courtesy: eXp Realty, LLC Waco
Welcome to Hawthorne Homestead—a thoughtfully renovated collection of four private residences offering a fresh perspective on multifamily living in Waco. Affectionately named by the sellers for its potential as an investment opportunity with the concept and vision of community living – Renovated Quadplex Near Downtown Waco! Don't miss this exceptional opportunity to own a beautifully renovated 4-unit multifamily property in one of Waco's most desirable investment locations. Situated just 12 minutes from Magnolia Market at the Silos and Downtown Waco and only 13 minutes from Baylor University. The property features 4 units with a total of 6 bedrooms and 4 bathrooms, including: Two 2-bedroom, 1-bath units; Two 1-bedroom, 1-bath units. Each unit has been thoughtfully updated, appliances included and low-maintenance living for both owners and tenants. The backyard features a large lot space, perfect for community living. Create an environment your tenants would want to enjoy long term. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this quadplex offers outstanding flexibility and income potential. With its convenient location near Waco's top attractions, shopping, dining, and major employers, this is an investment opportunity you won't want to miss. Being sold as-is, financing preference cash or conventional. Schedule your private showing today!
Courtesy: JA Group Companies
254-776-1296
Courtesy: NextHome Our Town
Exceptional redevelopment or investment opportunity in a convenient central Waco location. This unique 1.88± acre property features three buildings, including a 5,900+ SF main building and two additional buildings of just under 1,000 SF each. With 10+ parking spaces and highly desirable, flexible O-2 zoning, the possibilities are endless for office, medical, residential conversion, or future redevelopment (buyer to verify permitted uses). Utilities are available, and the property’s prime location offers quick access to major roads, making it an outstanding opportunity for investors, developers, or owner-users.
Courtesy: The McLeod Company
While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,518 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about immediate occupancy and even short-term rental opportunity! The choice is yours with this exceptional property! ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!
Courtesy: Teri Johnson Properties
512-796-5592
Discover an exceptional investment or versatile living arrangement in this distinctive duplex, located near Baylor University. Each of the two units boasts four bedrooms and four baths, offering abundant space and enhanced privacy. This property is ideal for multi-generational families, rental income, or a live-in-one, rent-out-the-other scenario. Its prime location places it just moments from Baylor University, making it an attractive option for students, faculty, or anyone desiring close proximity to a vibrant campus environment. The immediate neighborhood offers accessibility and local charm, ensuring a balanced and desirable lifestyle. This offering represents significant potential and comfort in a highly sought-after area.
Waco is located in Texas. Waco, Texas has a population of 136,800. Waco is less family-centric than the surrounding county with 28.15% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Waco, Texas is $42,687. The median household income for the surrounding county is $53,723 compared to the national median of $69,021. The median age of people living in Waco is 29.1 years.
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 35.9 inches per year, with 0.4 inches of snow per year.
