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    Waco, TX Multifamily Properties for Sale

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    Woodway, TX Beverly Hills, TX Robinson, TX
    61 results
    Newer Duplex: Income-Producing Investment
    $389,900
    2,564 SF

    Newer Duplex: Income-Producing Investment

    1617 Cumberland Avenue, Waco, TX 76708

    Newer duplex in Waco, TX, ideal for investment.

    • Turnkey income‑producing duplex with existing leases in place
    • Newer construction (2023) with durable brick and stone exterior
    • Each unit features 3 bedrooms and 2 bathrooms with 1,282 sq. ft. of living space
    • Modern finishes including granite countertops, custom cabinetry, and stained concrete flooring
    • Open‑concept layout with recessed lighting
    Updated: May 19
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    Downtown Waco Furnished Rental Property
    $1,350,000
    3,182 SF

    Downtown Waco Furnished Rental Property

    632 S 7th Street, Waco, TX 76706

    Turnkey short-term rental property in downtown Waco near Magnolia.

    • Turnkey short‑term rental property with in‑place revenue and future bookings.
    • Prime downtown Waco location near Magnolia and Baylor University.
    • Fully furnished 3,182 SF of special‑use space.
    • Built in 2022 with modern construction materials (Board & Batten Siding, Brick, Stone, Stone Veneer).
    • Includes desirable interior features such as built‑in features and convection oven.
    Updated: Apr 29
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    New Construction Duplex in Waco
    $380,000
    2,752 SF

    New Construction Duplex in Waco

    New duplex with modern finishes, ideal for investors or owner-occupants.

    1509 N 11th Street, Waco, TX 76707
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    Waco Short-Term Rental Investment
    $1,399,000
    4,264 SF

    Waco Short-Term Rental Investment

    Two income-producing short-term rentals near Magnolia Market at the Silos.

    602-606 S 8th Street, Waco, TX 76706
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    New Duplex in Waco, Texas
    $349,900
    2,110 SF

    New Duplex in Waco, Texas

    New income-producing duplex with modern finishes and immediate rental income.

    3109 N 27th Street, Waco, TX 76708
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    New Duplex in Waco, TX
    $399,900
    2,402 SF

    New Duplex in Waco, TX

    New construction duplex with strong cash flow potential in Waco.

    3407 Pewitt Drive, Waco, TX 76706
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    New Waco Duplex Investment Property
    $424,000
    0.19 Acres

    New Waco Duplex Investment Property

    Newly built duplex in Waco, Texas, with modern features.

    1510 N 7TH Street, Waco, TX 76707
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    New Brick Duplex in Waco
    $339,499
    2,116 SF

    New Brick Duplex in Waco

    Turnkey duplex near Waco attractions, designed for cash flow.

    1126 N 11th Street, Waco, TX 76707
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    Waco Duplex Investment Opportunity
    $249,900
    1,658 SF

    Waco Duplex Investment Opportunity

    Two-unit duplex with recent upgrades and income potential in Waco.

    1501 S 29th Street, Waco, TX 76711
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    Waco Duplex Investment Opportunity
    $300,000
    0.23 Acres

    Waco Duplex Investment Opportunity

    Well-maintained duplex in Western Hills neighborhood, fully leased.

    6716 Wiethorn Drive, Waco, TX 76710
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    Income Property Near Baylor University
    $899,000
    0.55 Acres

    Income Property Near Baylor University

    Fully furnished income property near Baylor, expansion potential on 0.55-acre lot.

    3008 S 3rd Street, Waco, TX 76706
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    Modern Duplex in Prime Location
    $445,000
    0.16 Acres

    Modern Duplex in Prime Location

    New 2-bedroom duplex near Downtown Waco, Baylor, and McLane Stadium.

    1215 Kellum Street, Waco, TX 76704
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    Waco Duplex Investment Opportunity
    $165,000
    0.18 Acres

    Waco Duplex Investment Opportunity

    Fully occupied duplex in Waco, TX, near amenities and roadways.

    3412 Brook Circle, Waco, TX 76710
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    Spacious Duplex Near Baylor University
    $965,000
    0.19 Acres

    Spacious Duplex Near Baylor University

    Duplex near Baylor, converted to single-family with student rental potential.

    1915 S 7th Street, Waco, TX 76706
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    Waco Duplex Investment Opportunity
    $189,900
    0.19 Acres

    Waco Duplex Investment Opportunity

    Two income-producing homes on one property near downtown Waco.

    3000 Ethel Avenue, Waco, TX 76707
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    Multifamily Investment in Hewitt, Texas
    $4,250,000
    21,950 SF

    Multifamily Investment in Hewitt, Texas

    20-unit duplexes built in 2018 on 2.27 acres.

    2300-2338 Century Drive, Waco, TX 76712
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    New Duplex in Waco, TX
    $340,000
    0.17 Acres

    New Duplex in Waco, TX

    New construction duplex with modern finishes and investment potential.

    1623 Seley Avenue, Waco, TX 76704
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    Waco Duplex: Income Opportunity
    $314,900
    1,676 SF

    Waco Duplex: Income Opportunity

    Almost new duplex in Waco, TX, great for investors.

    1619 N 12th Street, Waco, TX 76707
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    Waco Apartment Near Baylor
    $750,000
    0.43 Acres

    Waco Apartment Near Baylor

    Two-story, eight-unit apartment building near Baylor University.

    1100 Placid Circle, Waco, TX 76706
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    Waco Duplex Near Baylor University
    $465,000
    0.26 Acres

    Waco Duplex Near Baylor University

    Well-maintained duplex near Baylor, offering strong rental income potential.

    309 Gurley Lane, Waco, TX 76706
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    Five Townhomes in Waco, Texas
    $950,000
    0.65 Acres

    Five Townhomes in Waco, Texas

    Five townhomes near I-35, TSTC, and Downtown Waco.

    10,12,14,16 20 Addi Lane, Waco, TX 76705
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    Waco Duplex: Income-Producing Investment
    $220,000
    0.27 Acres

    Waco Duplex: Income-Producing Investment

    Income-producing duplex in Waco, TX with tenants in place.

    1200-1202 N 9th Street, Waco, TX 76707
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    Waco Duplex with Income Potential
    $189,000
    0.22 Acres

    Waco Duplex with Income Potential

    Duplex with two 1-bedroom units, ideal for investors.

    2301-03 Lasker Avenue, Waco, TX 76707
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    Waco Duplex Ideal for Investors
    $327,000

    Waco Duplex Ideal for Investors

    100% occupied duplex, designed for efficiency and ease of management.

    2524 Flint Avenue, Waco, TX 76706
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    Waco, TX Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Waco, TX, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 162,292 square feet of properties for sale, with an estimated market value of $20,531,199.

    Sale prices for multifamily properties in Waco, TX start at $249,900, averaging $855,466, 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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    Top Commercial Asset Segments

    Duplexes 42
    Apartment buildings 17
    Short term rental properties 4
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Waco fall within the 100,000+ square foot range.

    Demographics Overview

    Population 190K
    Population Growth (5Y) +9.1%
    Median Household Income $56,965
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

    Identify Waco submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Waco $638.7K
    Woodway $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.91%
    Property Tax per SF $32.66 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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