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
Excellent Duplex Investment Opportunity in Waco! Discover a well-maintained, single-story income-producing duplex offering the ideal blend of stability and potential. Each unit features 2 bedrooms and 1 bath with private entrances and functional layouts designed for tenant appeal and easy management. Unit 2913 is vacant and move-in ready—perfect for an owner-occupant or new tenant placement—while Unit 2915 is currently tenant-occupied, providing immediate rental income from day one. Situated near downtown Waco, schools, shopping, and major roadways, this property offers both strong current performance and future appreciation potential in one of Central Texas’s most promising markets. New roof installed approximately 2023 Whether you’re expanding your portfolio or stepping into your first investment, this duplex is a smart opportunity with income and upside built in. Also available as part of a larger investment package – MLS 21191915
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.
The property located at 2800 Stewart Dr in Waco, TX 76708 consists of 15 townhome-style multi-unit residences. Each unit is approximately 1,327 square feet (per seller) and includes 2 bedrooms and 2.5 bathrooms. Reported features include tall ceilings, granite countertops, hardwood or vinyl flooring, LED lighting, stainless steel appliances, washer and dryer connections, central air conditioning, a balcony or patio, and an attached two-car garage. The property is located near Lake Shore Drive in the Cedar Ridge area of Waco, with nearby schools such as Cedar Ridge Elementary and Brazos High School, as well as medical facilities including Providence Health Center and Baylor Scott & White Medical Center
Attention Investors! This 100% occupied, 2-bedroom, 1-bathroom duplex is the perfect addition to your rental portfolio. Designed for efficiency and ease of management, this property minimizes maintenance while maximizing returns. The smart layout makes turnovers and make-ready's quick and cost-effective. Built with OSB sheathing and spray foam insulation in the attic, this duplex offers enhanced energy efficiency and durability—keeping utility costs lower and long-term maintenance minimal. Also, this property is just a short distance from a brand-new, multi-million dollar park that the city is developing. With a manageable footprint and tenant-friendly design, this duplex is ideal for investors looking for a hassle-free rental. Whether you're a seasoned investor or just getting started, this is a solid opportunity to own a low-maintenance, income-producing property.
Two duplexes located on the same property. Each unit has 3 BR, 3 ensuite bathrooms, full kitchens, central heat & air. The units are suited for student housing, currently being used as short term and mid term rentals. There is parking available in the front and rear of the units. Stoarge in rear of unit. SELLER WILL FINANCE (Full details in TransactionDesk) Purchase Price: $1,035,000 Down Payment: 20% ($210,000) Seller Finance Amount: $825,000 Monthly Payment: $ 5,126.812 (Principal + Interest) Interest Rate: 7% fixed Amortization: 40 years Balloon: 5 years
Rare opportunity to acquire five townhomes within the same complex. These units present a value add opportunity for multifamily investors. Three units are 3 bed 2 bath, each 1,520 SF. Two units are 1 bed 1 bath, each encompassing 738 SF. These units stay occupied and tenant pays all utilities. All units have a new roof as of July 2025. Four units are in long term leases and one unit is MTM. These townhomes are within close proximity to I-35, TSTC Technical College and Downtown Waco. Please ask listing agent for rent roll and financials.
Modern 2024 Duplex – Prime Location & Priced to Sell! Don’t miss this incredible opportunity to own a newly built 2-bedroom, 2-bathroom duplex just minutes from all the action! Each unit offers a spacious open-concept living and dining area, a fully equipped kitchen with refrigerator, stove, dishwasher, and built-in microwave, plus convenient in-unit washer and dryer. Enjoy excellent parking, a thoughtfully designed layout, and modern finishes throughout. Located just 7 minutes from Downtown Waco, Baylor University, McLane Stadium, and Cameron Park—you or your tenants will love the easy access to everything. Whether you’re an investor or looking for a low-maintenance place to call home, this one checks all the boxes. Priced to sell—schedule your tour today!
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.
Check out this multi-building, multi-unit property on Ethel Avenue. This could be a great cashflow type asset or a redevelopment piece. Currently, this property consists of seven (7) 1BR / 1BA units that range in square footage from 504 SF - 690 SF. One (1) 2BR / 1BA unit, 1,152 SF and one (1) 4BR / 2BA unit, 1,632 SF. This property can be sold as a one-off or grouped with other properties as an investment package. For further details, please ask.

| Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. |
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.