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Leased Duplex Investment

3717 Parkwood Street Waco, TX 76710

Claim this Listing
For Sale
$229,000

MULTI_FAMILY - Waco, TX

Lot size:
0.21 Acres
Added:
Jun 28, 2026
Days on Market:
17
Last Refresh:
Jul 14 at 8:06 am

Property Features for 3717 Parkwood Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking
2
Appliances
ElectricCooktop, ElectricOven, ElectricRange
Standard status
Active
APN
165690
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
BROOKVIEW HILLS Lot 8 Block O Acres .2134

Utilities

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

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Tile, Hardwood, Wood, Carpet
Building materials
Brick
Roof type
Composition

Listing agent Lauren Blake License #0750876

Listing office Magnolia Realty Waco, TX

Listing date Jun 28, 2026

MLS# 21286295 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.

Offered for sale, this well-maintained duplex is fully leased with both units currently occupied, providing stable income potential from day one. The property’s classic duplex layout supports straightforward residential income use, with two separate units designed to serve as an effective owner-operated or portfolio-held asset.

Located at 3717 Parkwood Street in Waco, Texas, the duplex places tenants close to shopping, dining, and schools, along with access to the broader conveniences of central Waco. Its central positioning is intended to help sustain rental demand by keeping day-to-day needs within easy reach for residents.

This duplex is a practical fit for investors seeking an income-producing property that is already generating rent, rather than waiting for unit turnover. With both sides occupied, it may appeal to buyers looking to add a dependable residential income asset to their holdings while maintaining a manageable, two-unit investment structure. Whether you’re expanding beyond a single property or building a diversified residential portfolio, this leased duplex offers an immediate income profile in the Waco market.

Key Highlights

  • Fully leased duplex with both units currently occupied
  • Brick construction and composition roof
  • Electric heating and electric cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Gym & Fitness Center Daycare Center Electrical Service Cafe & Coffee Shop Locksmith Acupuncture Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Fully occupied duplex with immediate rental income potential in a convenient Waco location near everyday amenities.
Where is this duplex located?
The property is located at 3717 Parkwood Street Waco, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Fully leased duplex with both units currently occupied; Brick construction and composition roof; Electric heating and electric cooling
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More about this property
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