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Two-Unit Short-Term Rental Duplex
For Sale
$1,399,000

602-606 S 8th Street, Waco, TX 76706

MULTI_FAMILY - Waco, TX

Property Size4,264 SF
Lot Size0.36 Acres
Price / SF$328.10
Days on Market92

Property Features for 602-606 S 8th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bathroom 6, Bathroom 5, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 8, Bedroom 1, Bedroom 6, Bathroom 7, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Bathroom 3
Parking 6
Security features Security
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, KitchenIsland, MultipleMasterSuites, OpenFloorplan, WalkInClosets
Appliances Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Subdivision Adams & Ames Add
Elementary school West Avenue
Middle school Cesar Chavez
High school University
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions Houses are at the corner of 8th and Clay in downtown Waco.
Standard status Active
APN 480003070001000
Size 4,264 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description ADAMS & AMES LOT 2 BLOCK 1 ACRES 0.178
Tax Annual Amount 8207
Legal Description ADAMS & AMES LOT 2 BLOCK 1 ACRES 0.178

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 2
Number of units 2
Flooring type Concrete
Building materials Brick
Roof type Composition
Listing Agency: Magnolia Realty
Listed By: Blaire Mooney · License #0526291
Added: Apr 30 Changed: Jul 29 Last Checked: Jul 30 at 4:06PM
MLS# 21192983

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.

Located at 602-606 S 8th Street in Waco, this two-unit, brownstone-style duplex is set up for short-term rental use. The property includes two separate homes with expansive living, kitchen, and dining spaces designed for hosting and gathering. Each home offers accommodations for up to 7 people, with en-suite bathrooms for every bedroom, and a downstairs primary suite with a spa-style bathroom. Amenities include fully stocked kitchens for extended stays, along with washers and dryers and thoughtfully curated furnishings.

The duplex is positioned in the heart of downtown Waco, within walking distance to Magnolia Market at the Silos and just minutes from Baylor University. It is located in the Silo District and described as having O-2 zoning with no restrictions on short-term rental use.

Offered for sale as a turnkey short-term rental property, the arrangement allows for reservations of either unit individually or both units together for larger groups.

Key Highlights

  • Two brownstone‑style homes built in 2022, each designed for short‑term rental use
  • Both homes are active, professionally operated short‑term rentals with a proven income history (per remarks)
  • O‑2 zoning in the Silo District with no restrictions on short‑term rental use (per remarks)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Catering Service Nursing Home

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two brownstone-style homes are configured for short-term stays, each with washers, dryers, and en-suite bedrooms.
Where is this duplex located?
The property is located at 602-606 S 8th Street Waco, TX.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two brownstone‑style homes built in 2022, each designed for short‑term rental use; Both homes are active, professionally operated short‑term rentals with a proven income history (per remarks); O‑2 zoning in the Silo District with no restrictions on short‑term rental use (per remarks)
More about this property
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