About This Home

This 4-bedroom, 2-bathroom multi-family at 1623 Seley Avenue in Waco, TX is listed for $340,000. Built in 2023, on a 0.17 acres lot.

Key Features

  • Built in 2023
  • 0.17 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
2023
Listing Description

Fully leased Waco duplex offering immediate rental income and a turnkey investment opportunity. Both units are currently leased for 12 months at $1,250 per month each, providing $2,500 in combined monthly rent and $30,000 in annual gross rental income.

New Construction investment property features two 2-bedroom, 1.5-bath units, each with a functional two-story floor plan. The main level offers an open-concept kitchen and living area, half bath, and laundry closet. Upstairs you'll find both bedrooms and a Jack-and-Jill style full bathroom.

Modern finishes include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring downstairs, and carpet upstairs. Each unit also offers its own private entrance and separate driveway for added convenience. With tenants already in place, this income-producing duplex offers an investor the opportunity to acquire a newer, low-maintenance rental property with established income from day one.

Conveniently located with access to downtown Waco, I-35, Baylor University, McLennan Community College (MCC), and Texas State Technical College (TSTC).

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

1623 Seley Avenue

Waco, TX 76704

Faulkner

Features & Amenities

Interior Features

KitchenIsland

Property Details

Flooring

VinylCarpet

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)

Appliances

ElectricRangeElectricWaterHeaterMicrowave

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 1623 Seley Avenue is listed at $340,000. The estimated monthly payment is $1,818 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 0.17 acre lot, 2 stories, 2 parking spaces. Interior Features: KitchenIsland.

This property is listed by Ryan Simpson and can be reached at 817-501-2996.

RS

Ryan Simpson

Agent at Agents Of Texas, LLC

(817) 501-2996

Listed by Agents Of Texas, LLC · Broker phone: 817-501-2996 · View on Broker Site

MLS# 21263796· Source: North Texas Real Estate Information Systems, Inc.· 159 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1623 Seley Avenue, Waco, TX 76704

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