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Turnkey Duplex Investment Portfolio

3000 Ethel. Avenue Waco, TX 76707

New
3000 Ethel. Avenue, Waco, TX, 76707
$545,000
For Sale
$545,000

MULTI_FAMILY - Waco, TX

Lot Size0.19 Acres
Days on Market5

Property Features for 3000 Ethel. Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 6, Bedroom 8, Bedroom 1, Bedroom 11, Bedroom 9, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 10
Parking
6
Parking features
Garage
Appliances
GasRange
Standard status
Active
APN
480226000097006
Lot size
0.19 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central, Space Heater, Electric (Heating)
Cooling system
Central Air, Window Unit(s), Ceiling Fan(s), Electric
Water source
Public

Building Details

Year built
1938
Floors in Building
1
Number of units
6
Flooring type
Wood, Vinyl, Carpet
Roof type
Composition
Listing Agency Graceland Real Estate
Lorena, TX
Listed by Patricia Meadows · License #0488304
Added: Jul 14 Checked: Jul 18 at 5:06 am
MLS# 21191915 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 turnkey investment portfolio consists of three separately owned duplex properties, each providing separately metered units. The units are primarily configured with 1-2 bedrooms and 1 bathroom, and many have been updated and well maintained. With dependable tenants already in place, the portfolio is positioned for immediate, diversified cash flow while maintaining long-term value potential.

The properties are located across Waco, Texas and are offered as a complete package or individually. The included addresses are 2913 Homan Ave, 3412 Brook Circle, and 3000 Ethel Ave. The seller’s materials describe the portfolio as fully leased, supporting an investor’s ability to pursue rental income without waiting for new occupancy.

This offering is best suited for buyers looking for a scalable rental footprint in a consolidated acquisition, whether as a stability-focused investment or as a way to expand holdings. Because the units are separately metered and the portfolio includes a mix of largely 1-2 bedroom, 1-bath floorplans, it may appeal to operators seeking straightforward residential income management across multiple properties.

Key Highlights

  • Portfolio includes 3 duplexes with separately metered units and primarily 1–2 bedroom, 1‑bath floorplans
  • Properties are listed as fully leased, with tenants already in place for immediate rental income
  • Included addresses: 2913 Homan Ave (MLS #21090835), 3412 Brook Circle (MLS #21090849), and 3000 Ethel Ave (MLS #21090839)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Fully leased duplexes with separately metered units and mostly 1–2 bedroom layouts, offering immediate income potential.
Where is this duplex located?
The property is located at 3000 Ethel. Avenue Waco, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Portfolio includes 3 duplexes with separately metered units and primarily 1–2 bedroom, 1‑bath floorplans; Properties are listed as fully leased, with tenants already in place for immediate rental income; Included addresses: 2913 Homan Ave (MLS #21090835), 3412 Brook Circle (MLS #21090849), and 3000 Ethel Ave (MLS #21090839)
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