Investor Opportunity or Multi-Family Living in Waco!
Excellent opportunity to own a versatile two-story duplex offering strong income potential and flexible living options. Each unit features 2 bedrooms and 1 bath, each with its own private entrance for maximum comfort and privacy.
The downstairs unit (602) offers convenient single-level living with a spacious layout, while the upstairs unit (604) provides private stair access—ideal for tenants, guests, or extended family.
Perfect for investors seeking steady rental income or owner-occupants looking to live in one unit and lease the other, this property delivers both functionality and financial upside. Invest in your future.
Located near downtown Waco, McLennan Community College, Baylor University, shopping, and dining, it combines classic charm, convenience, and long-term value in one desirable investment. Also available as part of package deals – MLS #21090855 & MLS #21090860
Sold
Price Unknown
602 N 16th St, Waco, TX 76707
4beds
1,450sqft
Duplex, Multi Family
Built in 1930
7,492.32 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,987 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,987/mo
Zestimate® history
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$1,987/mo
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List your homeWhat's special
Private stair accessSpacious layout
Zillow last checked:
Listing updated:
Listed by:
Patricia Meadows 0488304,
Graceland Real Estate 254-772-7788
Bought with:
Jonathon Villaescusa
Real Broker, LLC
Source: NTREIS,MLS#: 21090800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Electric, Window Unit(s)
Appliances
- Included: Electric Range
Features
- Walk-In Closet(s)
- Flooring: Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
Property
Parking
- Parking features: Driveway, No Garage, Off Street, On Street, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Pool features: None
- Fencing: None
Lot
- Size: 7,492 sqft
Details
- Parcel number: 480396000021005
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Unknown
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Waco
- Subdivision: Sullivan
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | -- |
Source: NTREIS #21090800 Report a problem | ||
| 11/27/2025 | Pending sale | $320,000$221/sqft |
Source: NTREIS #21090855 Report a problem | ||
| 10/21/2025 | Price change | $320,000+100%$221/sqft |
Source: NTREIS #21090855 Report a problem | ||
| 10/21/2025 | Listed for sale | $160,000$110/sqft |
Source: NTREIS #21090800 Report a problem | ||
| 6/22/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,206 -10.9% | $53,650 -10.6% |
| 2024 | $1,353 +0.6% | $60,000 |
| 2023 | $1,345 -10.9% | $60,000 |
| 2022 | $1,510 +11.3% | $60,000 +14.4% |
| 2021 | $1,356 | $52,440 +4.7% |
| 2020 | -- | $50,070 +5.3% |
| 2019 | $1,246 | $47,570 +7.4% |
| 2018 | $1,246 +32.6% | $44,290 +34% |
| 2017 | $940 +18% | $33,060 +7.7% |
| 2016 | $796 | $30,700 +12.3% |
| 2015 | $796 | $27,340 -3.3% |
| 2014 | $796 | $28,280 -6.1% |
| 2012 | -- | $30,107 -30.1% |
| 2011 | -- | $43,088 |
| 2010 | -- | $43,088 -36.1% |
| 2009 | -- | $67,388 -52.9% |
| 2008 | -- | $143,087 +493.5% |
| 2007 | -- | $24,108 -19.7% |
| 2006 | -- | $30,007 -19.2% |
| 2005 | -- | $37,155 |
Find assessor info on the county website
Neighborhood: Sanger Heights
Nearby schools
GreatSchools rating
- 3/10West Avenue Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 2.2 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: West Avenue
- Middle: Cesar Chavez
- High: University
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- McLennan County
- Waco
- 76707
- Sanger Heights
- 602 N 16th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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