Mclennan County, TX Multifamily Properties for Sale

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Updated: Jul 24

Renovated Four-Unit Quadplex

2601 - 2603 Summer Avenue, Waco, TX 76708

$360,000

2,876 sqft 0.19 AC lot

Four‑unit quadplex with 2,876 square feet
Unit mix includes two 2‑bedroom, 1‑bath residences and two 1‑bedroom, 1‑bath residences
Total configuration includes 6 bedrooms and 4 bathrooms
Renovated property on a 0.1894‑acre lot
Approximately 12 minutes from Downtown Waco and Magnolia Market at the Silos

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2601 - 2603 Summer Avenue, Waco, TX 76708

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$25K
Annual
Price @ 7% Cap

$356K
Suggested
Property Type

Quadplex
Built 1949

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Updated: Aug 5

Updated Triplex with 9 Bedrooms

1708 S 9th Street, Waco, TX 76706

$875,000

4,399 sqft 0.21 AC lot

Three units, each with 3 bedrooms and 2 full bathrooms
4,399 square feet on 0.2066 acres
Updated interiors with granite countertops and open floor plans
Built in 2000 with brick construction and a composition roof
Central heating and cooling with zoned heating and multiple cooling units

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Duplex with O-2 Zoning

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

$1,399,000

4,264 sqft 0.36 AC lot

Two brownstone-style duplex residences built in 2022 with public water and sewer, designed for short-term rental stays.

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Triplex Property with Storage

112 Woodlake Lane, Axtell, TX 76624

$385,000

1,050 sqft 1.51 AC lot

Three separate residences occupy a 1.51-acre setting with multiple parking and storage improvements.

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Updated Triplex Near Baylor University

1708 S 9th Street Unit A B C, Waco, TX 76706

$875,000

4,399 sqft

Three updated residences offer functional layouts near Baylor University and Downtown Waco.

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Duplex Apartment Building With 20 Units

2300-2338 Century Drive, Waco, TX 76712

$4,250,000

21,950 sqft 2.28 AC lot

Built in 2018, 20-unit duplex apartment complex with covered parking and in-unit washer-dryer hookups.

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Furnished Short-Term Rental Property

632 S 7th Street, Waco, TX 76706

$1,250,000

0.40 AC lot

Fully furnished lodging space with central systems, public utilities, and reservations already scheduled.

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5-Unit Townhome Portfolio

10,12,14,16 20 Addi Lane 10,12,14,16,20, Waco, TX 76705

$950,000

6,036 sqft

Occupied multifamily asset with varied unit sizes, tenant-paid utilities, and a mix of long-term and month-to-month leases.

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Eight-Bedroom Duplex-Style Property

1915 S 7th Street, Waco, TX 76706

$965,000

0.19 AC lot

Flexible residence with mirrored living spaces, private outdoor areas, and room for large household or student groups.

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5-Unit Townhome Multifamily Property

10,12,14,16 20 Addi Lane, Waco, TX 76705

$950,000

0.65 AC lot

Occupied townhome units offer varied floor plans, tenant-paid utilities, and roofing completed in July 2025.

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5-Unit Townhome Apartment Building

10,12,14,16 20 Addi Ln, Waco, TX 76705

$950,000

6,036 sqft

Occupied units with tenant-paid utilities and recently replaced roofing support straightforward operations.

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Duplex with Gated Parking

1425 James Avenue, Waco, TX 76706

$569,000

0.19 AC lot

Located minutes from Baylor University, each residence includes a full kitchen and washer and dryer connections.

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Modern Triplex with Off-Street Parking

700 Hines Avenue, Waco, TX 76706

$525,000

0.16 AC lot

Three separate residences combine contemporary finishes, private outdoor areas, and practical parking in a compact multifamily property.

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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 Open Layout

516 Paso Fino Street, Robinson, TX 76706

$589,000

0.11 AC lot

Newly built duplex with modern finishes, private outdoor space, and convenient access to schools, shopping, dining, and downtown Waco.

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Expansion-Ready RV Park

114 County Road 119, Riesel, TX 76682

$875,000

8.42 AC lot

RV park under construction with in-place utilities and engineered septic capacity for up to 19 RV sites.

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New Four-Unit Quadplex

1517 Travis St, Bellmead, TX 76705

$799,000

4,402 sqft

Newly built rental property with open layouts, granite counters, appliances, and laundry hookups.

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Quadplex with Two Duplexes

1517 Travis Street, Bellmead, TX 76705

$799,000

0.60 AC lot

Under-construction four-unit quadplex on a 0.603-acre lot with rear paved parking and public water and sewer.

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Updated Eight-Bedroom Duplex

1903 S 11th St, Waco, TX 76706

$1,250,000

3,518 sqft

Baylor-area duplex offers walkable access to class, ample parking, and short-term rental opportunity.

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Two-Unit Duplex with Private Yards

1309 Wood Avenue, Waco, TX 76706

$799,900

0.19 AC lot

Two four-bedroom residences with open layouts, updated kitchen conveniences, and dedicated outdoor areas.

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New-Construction Duplex with Separate Meters

1919 Burnett Ave Unit A & B, Waco, TX 76707

$385,000

2,710 sqft

Two residential units feature three bedrooms and two-and-a-half baths each.

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Furnished Short-Term Rental Home

3508 N 23rd Street, Waco, TX 76708

$235,000

0.19 AC lot

Operating furnished rental with flexible living space, private primary bath, fenced outdoor area, and detached garage.

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New-Construction Duplex

909 N 14th St Unit A & B, Waco, TX 76707

$385,000

2,710 sqft

Two separately metered residences provide three-bedroom layouts with contemporary finishes and private upper-level sleeping areas.

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Duplex with Private Patios

208-212 Queen Drive, Hewitt, TX 76643

$370,000

0.23 AC lot

Two-bedroom, two-bath units include individual carports and tenants already in place.

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Mclennan County, TX Multifamily Properties Market Trends and Statistics

Explore 141 multifamily properties for sale in Mclennan County, TX, showcased through 141 active listings on our real estate platform. These investment opportunities span a total of 383,666 square feet of properties for sale, with an estimated market value of $67,110,999.

Sale prices for multifamily properties in Mclennan County, TX start at $150,000, averaging $563,957, 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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