Brick Duplex with Private
1617 Cumberland Avenue, Waco, TX 76708
New
- Added:
- May 29, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 2 at 7:06 pm
Property Features for 1617 Cumberland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1
- Parking
- 6
- Security features
- Security
- Patio and Porch features
- Porch
- Interior features
- DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 480230310001010
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Description
- 1617 CUMBERLAND LOT 1 BLOCK 1 ACRES .284
- Tax Annual Amount
- 7962
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete, Paintedstained
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing agent Anel Perales License #651652 (254) 218-4220
Listing office EG Realty Waco, TX (254) 218-4220
Listing date May 29, 2026
MLS# 21275412
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Newer brick duplex built in 2023 with two units, each offering 1,282 SF of living space
- Each unit has 3 bedrooms and 2 bathrooms with an open floorplan and stained concrete flooring
- Kitchens feature granite countertops and custom cabinetry; recessed lighting and designer lighting fixtures included
- Each unit includes a private covered patio, plus ample parking for up to 6 vehicles with alley access
- Utilities and comfort features include central electric HVAC, ceiling fans, and an electric water heater; public water and public sewer
- Roof is composition shingle; property currently leased through the end of the year
Overview
Newer brick and stone duplex built for durability and low maintenance, offering two income-producing units. Each side provides an open-concept layout with stained concrete flooring and recessed lighting, along with three bedrooms and two bathrooms. Kitchens include granite countertops and custom cabinetry, supporting everyday cooking and entertaining. Primary bathrooms feature granite countertops and a tub-shower combo. A private covered patio is included with each unit, creating dedicated outdoor space. Exterior amenities also support convenient day-to-day use, with parking for up to six vehicles total and alley access for added functionality.
The property is located at 1617 Cumberland Avenue in Waco, TX, in McLennan County. It benefits from alley access, which can simplify vehicle movement and improve practical access to the rear of the duplex.
For investors and buyers seeking a turnkey option, the duplex is currently leased through the end of the year, supporting immediate rental income. The combination of newer construction, individual patio space, and manageable parking/access layout can appeal to tenants who want separation and convenience, while giving owners a straightforward duplex ownership experience.
The property is located at 1617 Cumberland Avenue in Waco, TX, in McLennan County. It benefits from alley access, which can simplify vehicle movement and improve practical access to the rear of the duplex.
For investors and buyers seeking a turnkey option, the duplex is currently leased through the end of the year, supporting immediate rental income. The combination of newer construction, individual patio space, and manageable parking/access layout can appeal to tenants who want separation and convenience, while giving owners a straightforward duplex ownership experience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $13.56 |
| − Vacancy | −$3.0k | −$1.19 |
| EGI | $31.7k | $12.37 |
| − OpEx | −$9.5k | −$3.71 |
| NOI | $22.2k | $8.66 |
2,564 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$317.3K
$277.6K – $370.2K
NOI $22,210 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$291.9K
$255.5K – $340.6K
NOI $20,436 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$676.5K
$591.9K – $789.2K
NOI $47,352 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.156847
- Latitude
- 31.5627212
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Newer duplex offers two leased units, each with open living space, private covered patio, and dedicated parking with alley access.
Where is this duplex located?
The property is located at 1617 Cumberland Avenue Waco, TX.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Newer brick duplex built in 2023 with two units, each offering 1,282 SF of living space; Each unit has 3 bedrooms and 2 bathrooms with an open floorplan and stained concrete flooring; Kitchens feature granite countertops and custom cabinetry; recessed lighting and designer lighting fixtures included
