3-Unit Updated
1708 S 9th Street A B C, Waco, TX 76706
For Sale
$759,500
Three residences offer flexible layouts with modern finishes and convenient access to Baylor University and central Waco amenities.
Property Size4,399 SF
Days on Market50
Property Features for 1708 S 9th Street A B C
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Paramount Realty & Management
Listed By:
Mary Rodriguez · License TX #0744946
(254) 495-3898
Source:
Baerealty
Added: Sep 22
Changed: Nov 5
Last Checked: Nov 8 at 11:42AM
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 Paramount Realty & Management
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Investment Insights
Based on property information with market context.
This triplex at 1708 S 9th Street in Waco, Texas, was built in 2000 and contains three updated residences. Each unit includes 3 bedrooms and 2 full bathrooms, producing a combined total of 9 bedrooms and 6 bathrooms. Interior features include modern finishes, comfortable floor plans, and dedicated living and dining areas.
The property is positioned near Baylor University and provides access to Downtown Waco, Magnolia Market at the Silos, shopping, restaurants, coffee shops, and other community attractions. Its three-unit configuration and updated interiors support a range of residential ownership and leasing uses.
The property is positioned near Baylor University and provides access to Downtown Waco, Magnolia Market at the Silos, shopping, restaurants, coffee shops, and other community attractions. Its three-unit configuration and updated interiors support a range of residential ownership and leasing uses.
Key Highlights
- Three‑unit triplex at 1708 S 9th Street in Waco, TX
- Each unit includes 3 bedrooms and 2 full bathrooms
- Total of 9 bedrooms and 6 bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,106
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,120
$762.1K
Cap Rate 7%
$544,371
$544.4K
Cap Rate 9%
$423,400
$423.4K
Market Conditions
NOI Build-Up for 4,399 SF
Gross rent
$59.7K $13.56/SF
− Vacancy
−$5.2K −$1.19/SF
EGI
$54.4K $12.37/SF
− OpEx
−$16.3K −$3.71/SF
NOI
$38.1K $8.66/SF
Area
Waco, TX
Vacancy
8.74%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,120
Cap Rate 7%
$544,371
Cap Rate 9%
$423,400
Alternative Uses
Best Use
Multifamily LT 5
$544.4K
$476.3K – $635.1K
NOI $38,106 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$500.9K
$438.3K – $584.4K
NOI $35,062 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,241 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
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Business Placement
Demographics for 76706, TX
39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer flexible layouts with modern finishes and convenient access to Baylor University and central Waco amenities.
Where is this triplex located?
The property is located at 1708 S 9th Street A B C Waco, TX.
What is the asking price?
The asking price for this property is $759,500.
What are key features of this property?
This property features: Three‑unit triplex at 1708 S 9th Street in Waco, TX; Each unit includes 3 bedrooms and 2 full bathrooms; Total of 9 bedrooms and 6 bathrooms across the property
