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Duplex with Mini-Split Systems
New
For Sale
$225,000

1704 Ethel Avenue, Waco, TX 76707

ResidentialIncome, Waco, TX

Property SizeContact for details
Lot Size0.40 Acres
Days on Market3

Property Features for 1704 Ethel Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking 4
Parking features Off Street, Garage
Appliances GasRange, Refrigerator
Subdivision Dickey
Elementary school West Avenue
Middle school GW Carver
High school Waco
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions From W. Waco Dr, head north on N. 18th St. Turn right onto Ethel Ave. Property will be on the right at 1702 Ethel Ave.
Standard status Active
APN 480125000018001
Lot size 0.40 Acres

Taxes and HOA fees

Tax Description DICKEY LOT D3 BLOCK 83 ACRES .396
Tax Annual Amount 944
Legal Description DICKEY LOT D3 BLOCK 83 ACRES .396

Utilities

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

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials Stucco
Roof type Composition
Listing Agency: Keller Williams Realty, Waco
Listed By: Jonathon Villaescusa · License #0820265
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 3 at 2:06AM
MLS# 21400843

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 duplex contains two apartments, each configured with one bedroom and one bathroom. The units have comparable floor plans and mini-split heating and cooling systems. Interior renovations were completed, and each apartment has a gas range and refrigerator. The property also includes garage and off-street parking, public water and sewer, stucco exterior walls, and a composition roof.

The 0.396-acre property is offered with 1702 and 1716 Ethel Avenue as part of a nine-unit portfolio. Both apartments currently have tenants in place.

Key Highlights

  • Two apartments, each with one bedroom and one bathroom
  • Mini‑split systems provide heating and cooling in both units
  • Both units are occupied by tenants

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Florist Butcher Locksmith Tattoo & Piercing Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 76707, TX

16,227
Population
6,678
Households
2.4
Avg Household Size
31
Median Age
15%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
4,917
Density / Sq Mi
$38,208
Median Household Income
$27,124
Median Earnings
$1,055
Median Rent
$113,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Both apartments are occupied and include separate one-bedroom, one-bath layouts.
Where is this duplex located?
The property is located at 1704 Ethel Avenue Waco, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two apartments, each with one bedroom and one bathroom; Mini‑split systems provide heating and cooling in both units; Both units are occupied by tenants
More about this property
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