For sale

$450,000

1621 Alexander Ave, Waco, TX 76708

--beds

--baths

2,082sqft

$3,238/mo

Get pre-qualified

Duplex, Multi Family

Built in 2022

-- sqft lot

$-- Zestimate^®

$216/sqft

$-- HOA

What's special

Desirable layouts

This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.

2 days
53
6

Facts & features

Interior

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

Features

Granite Counters, High Speed Internet
Flooring: Concrete

Interior area

Total structure area: 2,082
Total interior livable area: 2,082 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Assigned, Paved

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 8,232 Square Feet

Details

Parcel number: 480176000593010

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Brick, Frame, Rock, Stone
Foundation: Slab
Roof: Composition

Condition

Resale
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Farwell Heights

HOA

Has HOA: No

Location

Region: Waco

Financial & listing details

Price per square foot: $216/sqft
Annual tax amount: $6,593
Date on market: 9/9/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,128/mo

Price history

Date	Event	Price
9/9/2026	Listed for sale	$450,000+32.4%$216/sqft
Source: NTREIS #21381866 Report a problem
6/16/2023	Sold	--
Source: NTREIS #214464 Report a problem
5/22/2023	Pending sale	$339,900$163/sqft
Source: WMLS #214464 Report a problem
4/20/2023	Price change	$339,900-2.9%$163/sqft
Source: WMLS #214464 Report a problem
3/29/2023	Listed for sale	$350,000$168/sqft
Source: WMLS #214464 Report a problem