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.
| Listing Id: | 21400843 |
|---|---|
| List Price: | $225,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 2 |
| Unexempt Taxes: | $944 |
| Lot Size Square Feet: | 17,249.7600 |
| Lot Size Acres: | 0.396 |
| Waterfront?: | No |
| City: | Waco |
| County Or Parish: | Mclennan |
| Subdivision Name: | Dickey |
| Postal Code: | 76707 |
| Year Built: | 1920 |
| Unit Count: | 2 |
| Accessibility Features Yn: | No |
| Appliances: | Gas Range,Refrigerator |
| Association Type: | None |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 2.00 |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Assessor |
| Building Area Total: | 1,232.00 |
| Complex Name: | NA |
| Construction Materials: | Siding, Stucco |
| Cooling: | Electric |
| Directions: | From W. Waco Dr, head north on N. 18th St. Turn right onto Ethel Ave. Property will be on the right at 1702 Ethel Ave. |
| Elementary School: | West Avenue |
| Elementary School Name: | West Avenue |
| Flooring: | Luxury Vinyl Plank |
| Foundation Details: | Concrete Perimeter, Pillar/Post/Pier |
| Gross Annual Expenses: | $3,677 |
| Gross Annual Income: | $24,000 |
| Heating: | Electric |
| High School Name: | Waco |
| Insurance Expense: | $2,733 |
| Interior Features: | Other |
| Levels: | Two |
| Listing Terms: | 1031 Exchange, Cash, Conventional, FHA, VA Loan |
| Lot Size Area: | 0.3960 |
| Lot Size Units: | Acres |
| Middle School Name: | GW Carver |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $20,323 |
| Number Of Buildings: | 1 |
| Number Of Parking Spaces: | 4 |
| Occupancy Rate: | 100 |
| Parking Features: | No Garage, Off Street, Outside |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 2250 |
| Roof: | Composition |
| School District: | Waco ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Phone Available |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: Keller Williams Realty, Waco
Listing Agent: Jonathon Villaescusa
254-447-7514
Mortgage Calculator
All listings featuring the 
icon are provided courtesy of North Texas Real Estate Information Systems, Inc. (NTREIS), Copyright 2026. All rights reserved.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:05 PM - CT
Property Last Updated: October 08, 2026 05:05 PM - CT
