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Rented 2-Unit Duplex Investment

3716 Ethel Avenue Waco, TX 76707

3716 Ethel Avenue, Waco, TX, 76707
$215,000
For Sale
Claim this Listing
$215,000

MULTI_FAMILY - Waco, TX

Lot Size0.34 Acres
AddedJun 16
Days on Market31
Last RefreshJul 16 at 7:06 am

Property Features for 3716 Ethel Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Parking
4
Parking features
Assigned, Garage
Appliances
ElectricRange, Refrigerator
Standard status
Active
APN
480337000059001
Lot size
0.34 Acres

Taxes and HOA fees

Tax Description
PRINCESS PLACE LOT 3A 4A 5 BLOCK 4 ACRES .341
Tax Annual Amount
2263

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s), Multi Units
Water source
Public

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Roof type
Composition

Listing agent Matthew Stufflebeam

Listing office CIF Real Estate Services, Inc. Hewitt, TX

Listing date Jun 16, 2026

MLS# 21302964 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.

The property is a two-bedroom, one-bath duplex configured as two separate units. Each unit has a fenced-in back yard and is equipped with window units and wall-mounted heaters. The 3716 side includes a two-car garage located in the back yard. Recent improvements include roof and electrical replacements in 2020, and a major plumbing drain line replacement completed within the last six months for both sides.

The duplex is located at 3716 Ethel Avenue in Waco, Texas, in McLennan County. The listing information notes that both units have long-term tenants and “always stays rented,” supporting the property’s current operating status.

For buyers seeking a small multifamily asset with established tenancy, this duplex offers an income-producing configuration with practical exterior amenities, including fenced back yards. The recent roof, electrical, and plumbing drain line work may be a helpful consideration for buyers evaluating near-term maintenance planning, alongside the existing in-place heating and cooling through window units and wall heaters.

Key Highlights

  • Duplex with 2 bedrooms and 1 bathroom per unit; currently rented with long‑term tenants
  • Roof and electrical were replaced in 2020
  • Major plumbing drain line replacement completed within the last 6 months for both sides

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm HVAC Service Auto Parts Store Electrical Service Gym & Fitness Center Daycare Center Furniture & Home Goods Skin Care Clinic Building Supply

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

FAQs

What type of property is this?
Duplex - Well-maintained two-bedroom, one-bath duplex with fenced back yards and recent major system updates.
Where is this duplex located?
The property is located at 3716 Ethel Avenue Waco, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 1 bathroom per unit; currently rented with long‑term tenants; Roof and electrical were replaced in 2020; Major plumbing drain line replacement completed within the last 6 months for both sides
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More about this property
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