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Renovated 4-Unit Multifamily Property
New
For Sale
$360,000

2601-2603 Summer Avenue, Waco, TX 76708

Updated residences include appliances and private living spaces.

Property SizeContact for details
Days on Market5

Property Features for 2601-2603 Summer Avenue

General Information

Standard status Active
Property subtype Quadruplex

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1949
Listing Agency: eXp Realty, LLC Waco
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 12 at 6:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC Waco

Investment Insights

Based on property information with market context.

Built in 1949 and renovated, this multifamily property contains four private residences with a combined six bedrooms and four bathrooms. The unit mix includes two two-bedroom, one-bath residences and two one-bedroom, one-bath residences. Appliances are included, and the rear yard provides a large shared outdoor area. The property is being sold as-is, with cash or conventional financing preferred.

Located at 2601-2603 Summer Avenue in Waco, the property is approximately 12 minutes from Magnolia Market at the Silos and Downtown Waco, and 13 minutes from Baylor University. Its proximity to shopping, dining, attractions, and major employers is stated in the property information.

Key Highlights

  • Four‑unit multifamily property with 6 bedrooms and 4 bathrooms
  • Unit mix includes two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Renovated property originally built in 1949

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 76708, TX

28,499
Population
11,241
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
48.1 sq mi
ZIP Area
592
Density / Sq Mi
$66,764
Median Household Income
$39,409
Median Earnings
$1,087
Median Rent
$204,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated residences include appliances and private living spaces.
Where is this quadplex located?
The property is located at 2601-2603 Summer Avenue Waco, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 6 bedrooms and 4 bathrooms; Unit mix includes two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Renovated property originally built in 1949
More about this property
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