$549,900
1609 Cleveland Ave, Waco, TX, 76706
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About this property
EXPLORE A RARE OPPORTUNITY to invest in a newly constructed duplex, located just 2 miles from Baylor University and in close proximity to the bustling downtown area and The Silos. Rent out a unit for steady income and use the other unit as a short term rental, rent both units out or use both units as short term rentals. MANY POSSIBILITIES! This modern two story duplex features two units with tasteful finishes! 3 bedrooms with walk-in closets 3.5 bathrooms, a 1 car garage, 1,692 SQF of prime living space and a 6 Ft' privacy fence separating the backyards. This multifamily home features an upgraded kitchen with a dishwasher, granite top island perfect for entertaining, a spacious living room and dining area with nice LVP flooring throughout. Whether you're a first-time homebuyer looking to invest, a seasoned investor or are looking for your own student this duplex is your gateway to success.
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Learn About the Market: Opportunity in Texas




Explore
Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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