Waco, TX 76708 3204 N 24th Street

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21126701
  • 12/06/2025
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Presented By: Kenneth Castello with Weichert, Realtors - The Eastland Group;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • Year Built • 1923

Home Details

Investment opportunity in the heart of North Waco. Located on the corner of N 24th Street and Edna Avenue, this 4-unit multifamily property offers stable income, strong rental demand, and easy access to nearby schools, shopping, and major employers. Each unit is individually metered and designed for low-maintenance operation — a solid addition to any investor’s portfolio. With continuous rental demand in this neighborhood and the ongoing growth throughout Waco, this corner property presents a compelling long-term hold or value-add opportunity. Whether you’re expanding your investment portfolio or stepping into multifamily ownership, this is a property worth serious consideration. Each unit is furnished and comes with a stove and refrigerator. This turnkey investment provides multiple income streams in one prime location. Schedule your private showing Legal: MELBOURNE HTS Block P, Lots 8 & 9 (0.2032 + 0.2008 acres).
Presented By: Kenneth Castello with Weichert, Realtors - The Eastland Group;

Interior Features for 3204 N 24th Street

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

FlooringVinyl, Wood
Interior FeaturesBuilt-in Features, Cable TV Available
Lock Box TypeCall Listing Office
Total Units4
Unit Count1

General for 3204 N 24th Street

# of Buildings3
AppliancesDryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
Capitalization Rate13.33
CityWaco
Complex NameNA
Construction MaterialsWood
CoolingCeiling Fan(s), Central Air
CountyMcLennan
DirectionsGoogle maps will provide driving directions
Elementary SchoolCedar Ridge
Elementary School NameCedar Ridge
ExclusionsAll units are furnished with only a few exclusions
Full Baths4
Gross Annual Expenses30000.00
HOA TypeNone
HeatingCentral, Electric
High SchoolWaco
Insurance Expense5000
LevelsOne
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition, Metal
School DistrictWaco ISD
Standard StatusActive
StatusActive
Subdivision NameMelbourne Heights
Unexempt Taxes2965
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1923
Year Built DetailsPreowned

Exterior for 3204 N 24th Street

Building Area Total1116.00
Foundation Pillar/Post/Pier
Lot Size Acres0.2010
Lot Size Area0.2010
Lot Size Square Feet8755.5600
Lot Size UnitsAcres
Number Of Parking Spaces5
Parking FeaturesDetached Carport
WaterfrontNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School Cedar Ridge Elementary School
High School N/A

Suzanne Smith

Broker/Owner
Price $525,000
MLS#21126701
List Date 12/06/2025
Property Type Multi-Family
Phone 903.235.4216
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