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Downtown Waco Multifamily Homes & Duplexes for Sale

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    $750,000

    • 11 Beds
    • 12 Baths
    • 4,932 Sq Ft

    629 S 5th St, Waco, TX 76706

    Triplex By Magnolia and Baylor - One minute from Magnolia, one minute from Baylor, and immediate access to all that downtown Waco has to offer sits this fully leased, beautifully updated and well-maintained triplex. In 2021 this triplex was wonderfully updated, including a new roof, all new HVAC systems, and new water heaters. The entire exterior and interior was freshly painted, including

    Collin Coats Bentwood Realty

    629 S 5th St, Waco, TX 76706
  • /18

    $500,000

    • 2,978 Sq Ft

    1517 & 1521 Barnard St, Waco, TX 76701

    Calling all investors! Are you looking for a Multi-Unit Investment opportunity? Three duplexes make up this large property totaling 6 units. Each unit rents for between 795.00 & 900.00 per month. Perfect for those college students or individuals looking for an affordable place to rent. Located close to down town Waco, shopping, dining, and much more. You won't want to miss this property and it's

    Jamie Steele Coldwell Banker Apex, REALTORS

    1517 & 1521 Barnard St, Waco, TX 76701
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    $496,000 New Construction

    • 6 Beds
    • 6 Baths
    • 3,310 Sq Ft

    1625 Cleveland Ave, Waco, TX 76706

    Modern New Construction Duplex Just Minutes from Baylor!Welcome to 1625 Cleveland Ave – a beautifully designed, newly built two-story duplex offering a combined 3,310 square feet of modern living space. Each unit features 3 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect for comfortable living or investing.Highlights Include:Contemporary curb appeal with

    Belen Ruiz Eagles International Realty, LLC

    1625 Cleveland Ave, Waco, TX 76706

Why Live in Downtown Waco

Downtown Waco, the birthplace of Dr Pepper, has seen a resurgence in recent years, thanks in part to the efforts of Chip and Joanna Gaines of HGTV fame. This central Texas neighborhood, once devastated by a 1953 tornado, is now a vibrant area with numerous attractions. Key landmarks include the Dr Pepper Museum, the Hippodrome Theatre, and the iconic Waco Suspension Bridge. The Silos, home to Magnolia Market, are a major draw, surrounded by breweries, restaurants, and independent shops. The Waco Downtown Farmers Market offers fresh produce every Saturday, while Fabled Bookshop & Café provides a cozy spot for book lovers. Dining options range from Vietnamese cuisine at The Clay Pot to Mexican fare at Maria Mezcaleria. For nightlife, venues like Backyard Bar Stage and Grill and Waco Ale Company offer live music and events, though the area is known for its early closing times. Outdoor spaces such as Indian Spring Park and Cotton Palace Park provide green spaces with walking paths, playgrounds, and picnic areas. Housing in downtown Waco includes numerous condo developments and single-family cottages, with a mix of newly constructed and historic homes. The neighborhood is served by the Silo District Trolley and Waco Transit System, with easy access to Route 84 and Interstate 35. Waco Regional Airport is 6 miles away, offering connections to major hubs. While the area has a high tornado and flood risk, its crime rate is lower than the national average, making it a relatively safe place to live.

Home Trends in Downtown Waco, TX

Housing Trends

Median Sale Price
$161,000
Median Single Family Sale Price
$217,450
Median 2 Bedroom Sale Price
$399,900
Median 1 Bedroom Sale Price
$420,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
13
Last 12 months Home Sales
24
Months of Supply
6.50
Median List Price
$300,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-46%
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