Multifamily Property for Sale in Waco, TX

  • Price: $850K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Waco, TX 76701
  • Size: 6,480 SF

Description

Located in the heart of Waco, Texas, Brazos Terrace Apartments offers an exceptional opportunity to invest in a well-maintained, multi-family property in a thriving urban area. Situated at 501 N 12th Street, this property boasts a prime location with easy access to local amenities, businesses, schools, and major transportation routes. With spacious one-bedroom units, Brazos Terrace provides comfortable living options for residents seeking convenience, affordability, and a central location in Waco. The community is just minutes from local parks, restaurants, and shops, making it a highly desirable place to live. Property Features : Total Units : 12 Unit Mix : 1BD/1BA Unit Size : 540 SF Building Size : 6,480 SF Lot Size : 0.32 Acres (13939.20 SF) Year Built : 1982 Key Highlights : Prime Location : Just minutes from downtown Waco, Baylor University, and major highways (IH-35 & US-84), providing residents with easy access to work, shopping, dining, and recreational options. Ample Parking : Residents enjoy convenient/gated on-site parking. Nearby Amenities : Walking distance to local schools, parks, public transportation, and shopping centers, including the Waco Downtown District and the Brazos Riverwalk. Investment Opportunity : Brazos Terrace Apartments offers a stable income-producing property with strong demand for rental units in the area. Whether you are looking to expand your portfolio or enter the multi-family investment market, this property provides the potential for long-term growth and cash flow in one of Central Texas’ most promising rental markets. Building SF: 6480 | Land Size: 0.32 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Waco, TX is listed for sale at $849,900 across 6,480 SF. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Waco, TX — <a href="/search/sale/multifamily/texas/waco">view the full market</a>.

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