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Leased Duplex Investment Opportunity

1200-1202 N 9th Street Waco, TX 76707

1200-1202 N 9th Street, Waco, TX, 76707
$220,000
For Sale
$220,000

MULTI_FAMILY - Waco, TX

Lot Size0.27 Acres
Days on Market124

Property Features for 1200-1202 N 9th Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2
Parking
4
Interior features
Pantry
Appliances
GasOven, GasRange, Refrigerator
Standard status
Active
APN
1741339
Lot size
0.27 Acres

Taxes and HOA fees

Tax Description
Lot 2 Block 15 of Dewey Addition
Tax Annual Amount
1653

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1922
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Frame, VinylSiding
Roof type
Composition
Listing Agency Kelly, Realtors
Waco, TX
Listed by Nicholas Rivas · License #0729959
Added: Mar 17 Checked: Jul 18 at 4:06 am
MLS# 21210571 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.


Investment Insights

Based on property information with market context.

This income-producing duplex at 1200-1202 N 9th Street includes two separate units within a single property. Both units are currently leased, supporting immediate cash flow for an investor looking for steady rental income. Each unit offers functional layouts designed for long-term residential tenancy.

Located in Waco, Texas, the property offers convenient access to local amenities, schools, and major thoroughfares. The combination of an established rental setup and practical day-to-day accessibility makes it appealing to renters and investors alike.

For buyers seeking a manageable entry point into residential income investing, this duplex can serve as a solid first addition to a rental portfolio. Because the property is already producing lease income, it may be particularly attractive to investors focused on cash-flow continuity while planning for long-term hold strategies. The property’s leased status and residential layout make it a straightforward option for those looking to secure a performing rental asset.

Key Highlights

  • Duplex at 1200‑1202 N 9th Street with both units currently leased
  • Monthly rent: Unit at 1200 N 9th Street rented for $1,000; unit at 1202 N 9th Street rented for $1,200
  • Built in 1922 with frame construction and vinyl siding

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pharmacy Pet Store Catering Service Pet Store & Service Acupuncture

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

FAQs

What type of property is this?
Duplex - Income-producing duplex with two currently leased units, offering immediate cash flow for rental investors.
Where is this duplex located?
The property is located at 1200-1202 N 9th Street Waco, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Duplex at 1200‑1202 N 9th Street with both units currently leased; Monthly rent: Unit at 1200 N 9th Street rented for $1,000; unit at 1202 N 9th Street rented for $1,200; Built in 1922 with frame construction and vinyl siding
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