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    Mclennan County, TX Multifamily Properties for Sale

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    Leased Duplex Income Property
    Updated: May 23
    Leased Duplex Income Property

    3717 Parkwood Street, Waco, TX 76710

    $229,000
    1,768 sqft
    Fully leased 2‑unit duplex with both units currently occupied
    Brick duplex built in 1951 with one‑story layout (1 level)
    Composition roof and pillar/post/pier foundation
    Electric heating and cooling
    Appliances include an electric cooktop, electric oven, and electric range
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    This listing looks promising.

    Here's a quick look at some key insights for

    3717 Parkwood Street, Waco, TX 76710

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $219K
      Suggested

    • Property Type

      Duplex
      Built 1951
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    Two-Unit Short-Term Rental Duplex
    Updated: Apr 30
    Two-Unit Short-Term Rental Duplex

    602-606 S 8th Street, Waco, TX 76706

    $1,399,000
    4,264 sqft 0.36 AC lot
    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)
    Each home accommodates up to 7 guests; both properties can be reserved together for larger groups
    Downstairs primary suites with spa‑style bathrooms, plus en‑suite bathrooms for every bedroom (per remarks)
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    Well-Maintained Duplex with Detached Garages
    Well-Maintained Duplex with Detached Garages

    2824 Washington Avenue, Waco, TX 76710

    $474,900
    2,843 sqft 0.32 AC lot

    Duplex offering two bedrooms and two full baths per side, with detached covered garage parking on both sides.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    112 Woodlake Lane, Axtell, TX 76624

    $385,000
    1,050 sqft 1.51 AC lot

    Three separate homes on over an acre offer flexible living, multi-generational use, or rental-style occupancy arrangements.

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    Two Brand-New Duplexes on One Lot
    Two Brand-New Duplexes on One Lot

    1517 Travis Street, Bellmead, TX 76705

    $849,900
    4,402 sqft

    Own a turnkey four-unit duplex property with modern 3-bedroom layouts, granite countertops, and rear resident parking.

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    Residential Income Property
    Residential Income Property

    303 Westlake Drive, Woodway, TX 76712

    $290,000
    2,968 sqft 0.69 AC lot

    Includes a main residence, secondary dwelling, and three full RV hookups with multiple parking and covered structures.

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    Almost-New Duplex With Smart Home Setup
    Almost-New Duplex With Smart Home Setup

    1619 N 12th Street, Waco, TX 76707

    $274,900
    1,676 sqft 0.19 AC lot

    Two identical three-bedroom, one-bath units with smart home technology in an almost-new duplex in Waco, TX.

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    Modern Duplex Apartment Community
    Modern Duplex Apartment Community

    2300-2338 Century Drive, Waco, TX 76712

    $4,250,000
    21,950 sqft 2.28 AC lot

    Built in 2018, this Hewitt duplex community offers turnkey multifamily income with covered parking and in-unit laundry hookups.

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    Modern Duplex Rental Community
    Modern Duplex Rental Community

    2300-2338 Century Dr, Waco, TX 76712

    $4,250,000
    21,950 sqft 2.27 AC lot

    Built in 2018 offering open-concept units with in-unit washer-dryer hookups and covered parking across ten duplex buildings.

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    Two-Unit Duplex with Recent Upgrades
    Two-Unit Duplex with Recent Upgrades

    1501 S 29th Street, Waco, TX 76711

    $249,900
    1,658 sqft 0.17 AC lot

    Two-unit duplex with updated HVAC, water heaters, flooring, and roof for income potential and reduced near-term maintenance.

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    Renovated Duplex with Income Potential
    Renovated Duplex with Income Potential

    3830 Colina Lane, Waco, TX 76705

    $329,000
    1,732 sqft 0.55 AC lot

    Renovated duplex on a half-acre corner lot in La Vega ISD, offering move-in ready living space in two units.

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    Updated Duplex Investment Opportunity
    Updated Duplex Investment Opportunity

    309 Gurley Lane, Waco, TX 76706

    $465,000
    0.26 AC lot

    Two spacious, move-in ready units with strong occupancy and a 2025 roof for long-term income potential.

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    Turnkey Short-Term Rental Property
    Turnkey Short-Term Rental Property

    632 S 7th Street, Waco, TX 76706

    $1,250,000
    0.40 AC lot

    Fully furnished short-term rental space totaling 3,182 SF, offered turnkey for sale in downtown Waco.

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    New Income-Producing Duplex Investment
    New Income-Producing Duplex Investment

    3109 North 27th Street, Waco, TX 76708

    $349,900
    2,110 sqft

    New duplex with immediate rental income and modern design.

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    Leased Duplex Investment
    Leased Duplex Investment

    3717 Parkwood Street, Waco, TX 76710

    $229,000
    0.21 AC lot

    Fully occupied duplex with immediate rental income potential in a convenient Waco location near everyday amenities.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    154 FRANKS VILLA, Bruceville, TX 76630

    $185,000
    1.90 AC lot

    Park setting with RV spots with full hookups and a mobile home tenancy supported by multiple utility meters and septic systems.

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    New Duplex Investment Opportunity
    New Duplex Investment Opportunity

    1619 North 12th Street, Waco, TX 76707

    $274,900
    1,020 sqft

    Almost new duplex with modern amenities, great for investors.

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    Rented 2-Unit Duplex Investment
    Rented 2-Unit Duplex Investment

    3716 Ethel Avenue, Waco, TX 76707

    $215,000
    0.34 AC lot

    Well-maintained two-bedroom, one-bath duplex with fenced back yards and recent major system updates.

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    Newer Income-Producing Duplex For Sale
    Newer Income-Producing Duplex For Sale

    1617 Cumberland Avenue, Waco, TX 76708

    $389,900
    2,564 sqft

    Newer duplex with modern finishes, leased for immediate income.

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    Single-Family Student Investment Home
    Single-Family Student Investment Home

    1915 S 7th Street, Waco, TX 76706

    $965,000
    0.19 AC lot

    Large 8-bedroom layout with screened porch and fenced yard, offering flexible living arrangements for group or student housing.

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    Waco Duplex Investment Opportunity
    Waco Duplex Investment Opportunity

    1501 South 29th Street, Waco, TX 76711

    $249,900
    829 sqft

    Two-unit duplex with income upside in Waco, Texas.

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    Two-Unit Rental Manufactured Homes
    Two-Unit Rental Manufactured Homes

    9100/9088 5th Street, Crawford, TX 76638

    $189,900
    0.24 AC lot

    Two leased manufactured homes in Crawford ISD provide immediate rental income with separate utilities and long-term tenants.

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    Crawford Duplex: Investment Opportunity
    Crawford Duplex: Investment Opportunity

    9100-9088 5th Street, Crawford, TX 76638

    $189,900
    2,136 sqft

    Two manufactured homes in Crawford ISD, great for investors/homebuyers.

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    Duplex with Two 4BR/4BA Units
    Duplex with Two 4BR/4BA Units

    1907 S 17th Street, Waco, TX 76706

    $550,000
    0.17 AC lot

    For sale duplex featuring two separate units, each with four bedrooms and four baths near Baylor University.

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    Mclennan County, TX Multifamily Properties Market Trends and Statistics

    Explore 75 multifamily properties for sale in Mclennan County, TX, showcased through 75 active listings on our real estate platform. These investment opportunities span a total of 155,975 square feet of properties for sale, with an estimated market value of $19,890,900.

    Sale prices for multifamily properties in Mclennan County, TX start at $189,900, averaging $947,185, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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