4 Beds
2 Baths
10,140 Sqft Lot
4 Beds
2 Baths
10,140 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision New Haven
MLS Listing ID 21372582
Bedrooms 4
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1800
Year Built 1968
Annual Tax Amount $2,550
Lot Size 10,140 Sqft
Acres 0.2328
Property Sub-Type Duplex
Property Description
Here's the kind of investment property that makes sense on paper and in person. This single-story Waco duplex is 100% occupied, with residential leases in place on both sides, offering an established income-producing opportunity from day one. Built in 1968, the property offers 1,800 total square feet on approximately 0.2328 acres, with two well-proportioned units of approximately 900 square feet each.
Each side features 2 bedrooms and 1 full bath, giving the property a practical, straightforward layout that has stood the test of time. Both units have been remodeled, including new windows and flooring along with renovated kitchen and bathroom. The duplex features functional living spaces with luxury vinyl plank flooring, neutral finishes, kitchens with ample cabinetry and counter space, and comfortable room sizes. Seller-owned appliances, including refrigerators, washers and dryers, convey with the property. Central heat and air, along with city water and sewer, round out the everyday essentials.
Outside, mature trees bring shade and character to the lot, while open parking keeps things uncomplicated. The location is hard to overlook, sitting just across the street from Texas State Technical College and convenient to I-35 for access throughout Waco and beyond. Whether adding to an existing portfolio or making a first move into multifamily ownership, this fully occupied duplex offers something investors appreciate: two doors, established tenancy, thoughtful improvements, and a location with practical staying power.
Location
State TX
County Mclennan
Direction From Waco, take I-35 and use the Crest Dr exit. Turn right (head east) on Crest Dr. Turn left onto Faye Dr, duplex will be on your right.
Interior
Interior Features Cable TV Available
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Washer
Heat Source Central, Natural Gas
Exterior
Fence Back Yard, Chain Link
Utilities Available City Sewer, City Water
Roof Type Asphalt
Garage No
Building
Lot Description Interior Lot, Level
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Connally
High Schools Connally
School District Connally Isd
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21372582
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