$320,000

602 N 16 Street, Waco, TX 76707

  • 2,900 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $110/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Duplex Investment Opportunity – Offered Individually or as a Package! Don’t miss this excellent opportunity to acquire two income-producing duplexes near downtown Waco — 602 N 16th St and 606 N 16th St. Each property includes two well-designed 2-bedroom, 1-bath units with private entrances, functional layouts, and strong rental potential. Perfect for investors seeking steady cash flow or for an owner-occupant looking to live in one unit while leasing the other, these duplexes offer both flexibility and immediate earning power. Ideally located near Baylor University, shopping, dining, and major roadways, these properties provide dependable occupancy and long-term appreciation in one of Central Texas’s fastest-growing markets. ?? Purchase individually or together as a 16th Street Package Deal: 602 N 16th St – MLS #21090800 606 N 16th St – MLS #21090803 These properties are also available as part of a larger 11-duplex investment portfolio – MLS #21090860 — offering outstanding scale, diversification, and performance across the Waco area. Whether you’re expanding your holdings or taking your first step into real estate investing, this is a prime opportunity to grow wealth through turnkey rental income in a thriving market.

Listing Status:
Active
Listing Office:
Graceland Real Estate : 254-772-7788
Listing Agent:
Patricia Meadows :
MLS ID:
21090855
  • General: Other
  • Appliances: Electric RangeElectric Water Heater
  • Flooring: Luxury Vinyl PlankWood
  • A/C: Ceiling Fan(s)ElectricWindow Unit(s)
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • Pool: None
  • Parking: No GarageParking spaces: 4
  • Roofing: Composition
  • Windows: Window Coverings
  • General: Unknown1Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Waco ISD
  • County: McLennan
  • Zoning: 480396000021005
  • Fencing: None
  • Utilities: Electricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR
  • Exclusions: Tenants' Personal Belongings

This listing courtesy of Patricia Meadows, Graceland Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

West Avenue Elementary School

1101 N 15th St, Waco, TX, 76707

Grades PK-5

0.46 miles away

C

Cesar Chavez Middle School

700 S 15th St, Waco, TX, 76706

Grades 6-8

0.95 miles away

C

Challenge Academy

2015 Alexander Ave, Waco, TX, 76708

Grades 7-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.