← All homes

1704 Ethel Avenue #B

Waco, TX 76707

$225,000

2 units · 1920

Units2
Building area1,232 sq ft
Year built1920
Gross income$24,000/yr
Cap rate9.03% as listed
Parking4 spaces
Lot size0.396 acres
TypeDuplex

What it costs to own

Taxes$944 per year
HOANone listed
Operating expenses$3,677 per year — as listed
Insurance$2,733 per year — as listed
Net operating income$20,323 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Investment opportunity in Waco! 1704 Ethel Avenue is a fully renovated duplex offered as part of a multi-property investment portfolio. The property consists of two 1-bedroom, 1-bath units, with one located upstairs and one downstairs. Units A and B feature similar floor plans and have undergone extensive interior renovations, including mini-split systems for heating and cooling. Both units are stabilized with tenants currently in place, offering immediate rental income for the new owner. This property is being offered in conjunction with 1702 Ethel Avenue and 1716 Ethel Avenue as part of a larger 9-unit investment portfolio. Contact your real estate professional for additional information regarding the portfolio, leases, financials, and availability. Please do not disturb tenants.

The details

HeatingElectric
CoolingElectric
FlooringLuxury Vinyl Plank
AppliancesGas Range, Refrigerator
Interior featuresOther

Construction materialsSiding, Stucco
RoofComposition
FoundationConcrete Perimeter, Pillar/Post/Pier

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Individual Gas Meter, Phone Available

SubdivisionDickey

ElementaryWest Avenue
Middle schoolGW Carver
High schoolWaco
DistrictWaco ISD

Gross income$24,000 per year
Operating expenses$3,677 per year
Insurance$2,733 per year
Cap rate9.03% — as listed
Net operating income$20,323 per year

MLS #21400843
Source
On the market2 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryMission Waco · 0.2 mi
Nearest parkSeley Park · 0.2 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of Keller Williams Realty, Waco — Jonathon Villaescusa.

Where it is

Open in Google Maps

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 1704 Ethel Avenue #B Text Robert & Stephen

Texting starts a conversation with Robert and Stephen. Message & data rates may apply — reply STOP to end.

Nearby in WACO

Three more worth a conversation.

1609 Reuter Avenue, Waco, TX 76708

$225,000

3 bd · 2 ba · 1,566 sq ft · 0.38 ac

1609 Reuter Avenue

Waco, TX 76708

Listing courtesy of EG Realty

5719 Stratford Drive, Waco, TX 76710 Pending

$225,000

3 bd · 2 ba · 2,158 sq ft · 0.3 ac

5719 Stratford Drive

Waco, TX 76710

Listing courtesy of Coldwell Banker Apex, REALTORS

3904 James Avenue, Waco, TX 76711

$225,000

4 bd · 2 ba · 1,585 sq ft · 0.18 ac

3904 James Avenue

Waco, TX 76711

Listing courtesy of Graceland Real Estate

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21400843. Information last updated October 2, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Start a conversationAsk about this home
Scroll to Top