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1400 Park Avenue Waco, TX 76706

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For Sale
$1,450,000

10-unit townhome complex near Baylor University with upside potential.

Type:MF, MF-GARD
Property size:
8,500 SF
Lot size:
0.18 Acres
Added:
Dec 4, 2025
Days on Market:
125
Last Refresh:
Apr 3 at 4:59 am

Property Features for 1400 Park Avenue

General Information

Standard status
Active
Size
8,500 SF
Lot size
0.18 Acres
Property subtype
MF, MF-GARD

Building Details

Year Built
1983

We can help!

Listing Contact
Brad Harrell, CCIM
Brad Harrell, CCIM

Listing agent Brad Harrell, CCIM License #363789

Listing office Onward Team at KW Commercial

Listing date Dec 4, 2025

Source Realnex

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 Onward Team at KW Commercial


Overview

Waco Multifamily Investment Opportunity

This is a 10-unit townhome complex located in Waco. Positioned near Baylor University, the Dayton Townhomes offer investors the opportunity to acquire a multifamily asset. The property's proximity to Baylor University and direct access to IH-35 create consistent demand from students, young professionals, and families. Each of the ten units features a 2-bedroom, 2-bathroom layout with 850 square feet of living space. The townhome-style configuration offers residents a residential feel. Constructed in 1983, the property includes 8,500 square feet of total improvements situated on a 7,650 square foot lot with R-3C (Multiple Family Residence) zoning. The property benefits from connectivity to IH-35 and sits in a retail corridor featuring national tenants and neighborhood amenities along Speight Avenue.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Waco
County
McLennan
State
Texas
Longitude
-97.1274198
Latitude
31.5385734

FAQs

What type of property is this?
Apartment building - 10-unit townhome complex near Baylor University with upside potential.
Where is this apartment building located?
The property is located at 1400 Park Avenue Waco, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location near Baylor University ensures consistent tenant demand.; Turnkey 10‑unit townhome complex provides immediate income and stabilized asset.; Direct access to IH‑35 (133,500+ VPD) offers excellent connectivity and visibility.
More about this property
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