Courtesy: Premier, REALTORS
Amazing opportunity for investors, or someone who wants to have passive income while living in one unit and renting out the other! Almost new duplex on a quiet Waco street includes two identical units each with three bedrooms, two baths and modern amenities throughout. Energy-efficient features and appliances that are difficult to find in other properties in the area. Efficient floorplan with a large living area and open kitchen. Earn additional income or let someone else pay a portion of your house payment - take a look today!
Courtesy: Dagwood Management, Llc
512-955-3044
Located in the heart of Waco in an established neighborhood near Tennyson Middle School and close to shopping, dining, and everyday conveniences. This duplex offers a great opportunity for both homeowners and investors. Live in one unit while generating rental income from the other, or add a solid investment property to your portfolio. Each single-story unit features 2 bedrooms and 1 bathroom with a functional layout. Front-entry carports provide convenient covered parking, along with additional storage space. Step outside to fully fenced backyards that offer privacy and space to enjoy.
Courtesy: Coldwell Banker Apex, REALTORS
254-776-0000
Modern, low-maintenance multi family opportunity with three move-in ready units : a 2021-built cottage and a duplex, all offering strong appeal for both investors and owner-occupants. The modern 2-story cottage is a 1 bedroom plus versatile flex space and 1.5 baths, highlighted by an open main level with a living and dining area, recessed lighting, and durable wood-look flooring. The galley kitchen includes white shaker cabinets, solid-surface counters, gas range, built-in microwave, dishwasher, refrigerator, and nearby stacked washer dryer, with all appliances conveying. Upstairs, a private bedroom with walk-in closet and full bath with extended vanity and step-in shower, not to forget a flex room ideal for an office, media space, or guest area. Exterior features include a covered front entry, fenced yard, and ample paved parking, making this home an attractive option for a live-in owner or rental. The duplex offers two spacious 1 bedroom, 1 bath units designed for easy upkeep and consistent rental demand. Unit A provides a bright, open layout with a large living area, stained concrete floors, neutral paint, recessed lighting, and ceiling fan, plus a well-appointed kitchen with painted shaker cabinetry, solid-surface counters, and stainless steel appliances. The bedroom delivers excellent natural light and closet storage, while the oversized bath offers an extended vanity, ample cabinetry, tub & shower combination, and in-unit washer & dryer. Unit B mirrors the modern feel with an open living and dining space, durable wood-look flooring, painted shaker cabinets, solid-surface counters, full appliance package, generous bedroom, large bath with extra storage and laundry machines as well. Off-street parking and low-maintenance finishes across all three dwellings is an appealing setup for investors seeking immediate income, or buyers wishing to occupy one unit and lease the others to help offset housing costs. Make this amazing opportunity in the Baylor bubble yours!
Courtesy: EG Realty
Welcome to this newer brick and stone income-producing duplex, thoughtfully designed for durability, efficiency, and long-term investment potential. Each side offers 1,282 sq. ft. of well-designed living space featuring 3 bedrooms and 2 bathrooms with modern finishes throughout. The open-concept layout showcases stained concrete flooring and recessed lighting, creating a sleek and low-maintenance living environment. The kitchen features granite countertops, custom cabinetry, and plenty of space for cooking and entertaining. The primary bathroom also includes granite countertops along with a convenient tub shower combo. Each unit comes with its own private covered patio, perfect for relaxing outdoors. Outside, you'll find ample parking for up to 6 vehicles along with convenient alley access for added functionality and accessibility. The property is currently leased through the end of the year, making this a turnkey investment opportunity with immediate rental income. Whether you're looking to expand your investment portfolio or secure a well-maintained income-producing property, this newer construction duplex is an excellent opportunity.
Courtesy: Agents Of Texas, LLC
817-501-2996
Fully leased Waco duplex offering immediate rental income and a turnkey investment opportunity. Both units are currently leased for 12 months at $1,250 per month each, providing $2,500 in combined monthly rent and $30,000 in annual gross rental income. New Construction investment property features two 2-bedroom, 1.5-bath units, each with a functional two-story floor plan. The main level offers an open-concept kitchen and living area, half bath, and laundry closet. Upstairs you'll find both bedrooms and a Jack-and-Jill style full bathroom. Modern finishes include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring downstairs, and carpet upstairs. Each unit also offers its own private entrance and separate driveway for added convenience. With tenants already in place, this income-producing duplex offers an investor the opportunity to acquire a newer, low-maintenance rental property with established income from day one. Conveniently located with access to downtown Waco, I-35, Baylor University, McLennan Community College (MCC), and Texas State Technical College (TSTC).
Courtesy: Agents Of Texas, LLC
817-501-2996
Welcome to 2719–2721 Parrott Ave, a fantastic income-producing duplex offering immediate cash flow and long-term investment potential! This two-story property features two separate units, making it ideal for investors or owner-occupants looking to offset their mortgage. Unit A offers a spacious 3-bedroom, 1-bath layout, while Unit B features a comfortable 2-bedroom, 1-bath setup—perfect for tenants seeking affordability and convenience. Currently, the property is tenant-occupied with rental income of $800 month, providing steady cash flow from day one. Whether you’re looking to expand your investment portfolio or live in one unit while renting out the other, this property delivers flexibility and value. Located in a growing area with strong rental demand, this duplex is a great opportunity to build equity while generating income. Don’t miss your chance to own a versatile property with solid upside potential!
Courtesy: Bramlett Partners
Fully occupied duplex in the heart of Waco! This fully occupied duplex delivers immediate cash flow with a 100% occupancy rate and low overhead. Built in 1916 and spanning 1,710 sq ft, this one-story property consists of two income-producing units with solid rental history. Reach out for financials or to schedule a walkthrough—this opportunity won't last.
Courtesy: Kelly, Realtors
254-741-1500
Courtesy: Kelly, Realtors
254-741-1500
Prime investment opportunity in Waco! This multi-unit property at 1517–1529 Barnard St offers strong income potential in a rapidly growing area just minutes from Baylor University and downtown. Featuring multiple units across the property, this asset is ideal for investors seeking steady rental income with the benefit of proximity to one of Waco’s most in-demand rental corridors. The location appeals to students, professionals, and long-term tenants alike, helping support consistent occupancy. Convenient access to major roads, shopping, dining, and entertainment enhances the property’s desirability, while the surrounding growth and development continue to drive long-term value. Whether you’re expanding your portfolio or looking for a centrally located income-producing property, this is an opportunity you don’t want to miss. Schedule your showing today to explore the potential of this Waco investment!
Courtesy: Kelly, Realtors
254-741-1500
Investor opportunity in Waco! This income-producing duplex at 1200–1202 N 9th Street offers immediate cash flow with both units currently leased—one at $1,000 per month and the other at $1,200 per month. Each unit provides comfortable living space with functional layouts, making it an attractive option for long-term tenants. Whether you're looking to expand your rental portfolio or step into your first investment property, this duplex delivers steady income with upside potential. Conveniently located with easy access to local amenities, schools, and major thoroughfares, the property appeals to a wide range of renters. Don’t miss this chance to secure a performing asset in a growing market—schedule your showing today!
Courtesy: Magnolia Realty
254-218-5940
Positioned in the heart of downtown Waco, this is a rare opportunity to own two top-performing short-term rentals in one of the city’s most sought-after districts. Located within walking distance to Magnolia Market at the Silos and just minutes from Baylor University, The Armstrong and Fitzgerald consistently attract Baylor families, game-day visitors, and weekend travelers year-round. What truly sets this property apart is its coveted O-2 zoning in the Silo District with no restrictions on short-term rental use — a rare and highly desirable designation that protects and enhances its long-term investment value. The homes are active, professionally operated, top-performing STRs with proven income history, offering investors immediate cash flow and seamless operational continuity from day one. Blocks from the Silos and moments from downtown Waco and Cameron Park, the location delivers the walkability and convenience today’s guests demand. The property consists of two spacious brownstone-style retreats designed for both comfort and an elevated guest experience. This peaceful getaway features expansive living, kitchen, and dining spaces ideal for hosting and gathering. The homes each comfortably accommodate 7 people — or guests can reserve both properties for larger groups. Additional amenities include: • Downstairs primary suites with luxurious spa-style bathrooms • En suite bathrooms for every bedroom • Fully stocked kitchens designed for extended stays • Washers and dryers • Thoughtfully curated furnishings and décor Turnkey, income-producing, and strategically located in one of Waco’s most dynamic growth corridors, The Armstrong and Fitzgerald represent a premier investment opportunity in a thriving short-term rental market.
Courtesy: Graceland Real Estate
Incredible Turnkey Investment Portfolio – 3 Duplexes Across Waco! Exceptional opportunity to acquire a fully leased portfolio of 3 income-producing duplexes strategically located throughout Waco. Each property features separately metered units with primarily 1–2 bedroom, 1 bath floorplans, many of which have been updated and well maintained. This portfolio offers immediate, diversified cash flow with proven rental history and dependable tenants already in place. Combining strong income performance with long-term appreciation potential, this is a rare chance to secure a scalable investment footprint in one of Central Texas’s most dynamic and growing markets. An ideal opportunity for investors seeking stability, expansion, or a turnkey entry into Waco’s thriving rental market. Included properties 2913 Homan Ave – MLS #21090835 3412 Brook Circle – MLS #21090849 3000 Ethel Ave – MLS #21090839 Properties are available as a complete package or individually.
Courtesy: Brothers Management
8 Units located in a 2-Story 1 Building Apartment Property. Unique property located in residential neighborhood that is in proximity to Baylor University. 2 Efficiency Units, 2 - 1 BR Units & 4 - 2 BR Units. Nice large parking area in rear of building. Units have varying lease rates that range from $495 to $850 per unit per month. All units are currently leased till 7-2027. Leases & appliances convey with sale of property. All information assumed to be correct & subject to verification by any applicable party.
Courtesy: Coldwell Banker Apex, REALTORS
254-776-0000
Prime downtown Waco special-use property offering 3,182 SF of fully furnished short-term rental space. This turnkey investment delivers in-place revenue with future reservations already booked. Located in the heart of Waco’s vibrant downtown near Magnolia and Baylor University, this property combines strong income performance with exceptional visibility.
Courtesy: Keller Williams Realty, Waco
254-751-7900
Discover a premier multifamily investment opportunity in one of Central Texas’ most desirable submarkets. Built in 2018, Century Court Duplexes features 20 modern units spread across 10 duplex buildings situated on 2.27 acres in the heart of Hewitt, within the Midway ISD—one of Waco’s most sought-after school districts. Each unit offers open-concept living, in-unit washer-dryer hookups, covered parking, and contemporary finishes designed to attract quality long-term tenants. The property’s mix of (10) 2-bedroom-2-bath and (10) 3-bedroom-2-bath units provides strong rent diversity and appeal to both small families and professionals. Positioned directly across from Hewitt Elementary School and minutes from Highway 84 and Hewitt Drive, the property offers tenants convenient access to local retail, employment centers, and major transportation corridors. With stable in-place income and minimal deferred maintenance, Century Court Duplexes represents a turnkey investment opportunity with reliable cash flow in a high-demand Central Texas rental market. Full financials are available with a signed NDA.
Courtesy: Graceland Real Estate
Fully Occupied Duplex in Prime Waco Location! Fully Occupied Duplex in the Heart of Waco! Strong investment opportunity in a prime Waco location! This income-producing duplex features two well-maintained 1-bedroom, 1-bath units, both currently tenant-occupied, delivering immediate and consistent rental income. Each unit offers comfortable living space, private entrances, and a convenient single-story layout—ideal for easy management and long-term tenant appeal. Perfectly situated near shopping, dining, schools, and major roadways, this property combines steady cash flow, low-maintenance ownership, and strong rental demand in a growing market. Whether you’re expanding your portfolio or seeking your next reliable income property, this duplex checks every box. Also available as part of package deal MLS: 21191915
Courtesy: Graceland Real Estate
2 properties for under $190,000. Unique Dual-Home Investment Opportunity in Waco! Exceptional opportunity to own two income-producing homes on one property ID—perfect for investors or multi-generational living. The main residence at 3000 Ethel Ave is a charming single-family home offering inviting living spaces and timeless appeal. The secondary home at 1412 N 30th St is a 1-bedroom, 1-bath garage apartment, ideal for generating rental income, hosting guests, or providing a private in-law suite. Conveniently located near downtown Waco, Baylor University, shopping, and local amenities, this versatile property combines flexibility, steady income potential, and long-term value in one prime package. Live in one, rent the other -build wealth in Waco. New roof installed approximately 2018 Also available as part of a larger investment portfolio – MLS 21191915
Courtesy: Keller Williams Realty, Waco
254-751-7900
BU Dreamhouse – The Ultimate Baylor Investment Property Welcome to the BU Dreamhouse, a rare find in the heart of the coveted Baylor Bubble! Originally designed as a duplex, this spacious property now lives as a single-family residence, offering unmatched flexibility and convenience for Baylor students. With 8 bedrooms, 4 full bathrooms, and 2 half bathrooms, this home easily accommodates large groups, making it the perfect setup for student living. Each side of the house mirrors the other, featuring its own living area, kitchen, dining space, laundry room, and half bath downstairs—ideal for both privacy and community under one roof. Upstairs, four bedrooms and two bathrooms on each side create plenty of space for everyone. The charm continues outdoors with a screened-in porch stretching across the back of the home, perfect for relaxing or studying in comfort. The privacy-fenced backyard offers even more appeal, complete with a cozy fire pit for evenings with friends. Thoughtful updates and stylish touches throughout the home blend comfort with modern flair, from the natural light-filled dining areas to the inviting bedrooms that feel warm and homey. This property is more than just a house—it’s a lifestyle investment. Parents will love the opportunity to secure a safe, spacious, and desirable home for their Baylor students, while also benefiting from strong rental potential in one of Waco’s most sought-after locations.
Courtesy: Harrell Realty Company
Check out this multi-property Lasker Avenue Investment Package. 2604 Lasker Avenue Unit A is a 3BR / 1BA, 1,090 SF. 2604 Lasker Avenue Unit B is a 1BR / 1BA, 660 Sf. 2604 Lasker Avenue Unit C is a 1BR / 1BA, 660 SF. Tenant lease details upon request. This property can be sold as a one-off or grouped with other properties as an investment package. For further details, please ask.
Courtesy: Harrell Realty Company
Check out this multi-family property on S. 30th Street. Close proximity to S. Valley Mills Drive, IH-35 and various shopping and restaurants. This multi-family property consists of two (2) units. Unit A is a 2BR / 1BA, 660 SF, upstairs unit. Unit B is a 2BR / 1BA, 700 SF, downstairs unit. Buyer and buyer’s agent to verify all details. This property can be sold as a one-off or grouped with other properties as an investment package. For further details, please ask.
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.
