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Leased Duplex Investment

3717 Parkwood Street Waco, TX 76710

3717 Parkwood Street, Waco, TX, 76710
$229,000
For Sale
$229,000

MULTI_FAMILY - Waco, TX

Lot Size0.21 Acres
Days on Market26

Property Features for 3717 Parkwood Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2
Parking
2
Appliances
ElectricCooktop, ElectricOven, ElectricRange
Standard status
Active
APN
165690
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
BROOKVIEW HILLS Lot 8 Block O Acres .2134

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Carpet, Wood, Tile
Building materials
Brick
Roof type
Composition
Listing agency Magnolia Realty
Listed by Lauren Blake · License #0750876
Added: Jun 28 Updated: Jul 17 at 1:45PM Checked: Jul 22 at 11:06PM
MLS# 21286295

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.


Investment Insights

Based on property information with market context.

Offered for sale, this well-maintained duplex is fully leased with both units currently occupied, providing stable income potential from day one. The property’s classic duplex layout supports straightforward residential income use, with two separate units designed to serve as an effective owner-operated or portfolio-held asset.

Located at 3717 Parkwood Street in Waco, Texas, the duplex places tenants close to shopping, dining, and schools, along with access to the broader conveniences of central Waco. Its central positioning is intended to help sustain rental demand by keeping day-to-day needs within easy reach for residents.

This duplex is a practical fit for investors seeking an income-producing property that is already generating rent, rather than waiting for unit turnover. With both sides occupied, it may appeal to buyers looking to add a dependable residential income asset to their holdings while maintaining a manageable, two-unit investment structure. Whether you’re expanding beyond a single property or building a diversified residential portfolio, this leased duplex offers an immediate income profile in the Waco market.

Key Highlights

  • Fully leased duplex with both units currently occupied
  • Year built 1951 with brick construction and a composition roof
  • Electric heating and electric cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Gym & Fitness Center Daycare Center Electrical Service Cafe & Coffee Shop Locksmith Acupuncture Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex with immediate rental income potential in a convenient Waco location near everyday amenities.
Where is this duplex located?
The property is located at 3717 Parkwood Street Waco, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Fully leased duplex with both units currently occupied; Year built 1951 with brick construction and a composition roof; Electric heating and electric cooling
Contact an agent
More about this property
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