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1621 Alexander Avenue, 
Waco, TX 76708

$450,000

—

Bed

—

Bath

2,082

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Jordan Alders

Coldwell Banker Apex, Realtors

Last updated:

September 23, 2026, 11:57 AM

MLS#

21381866

Source:

GDAR

About This Home

1621 Alexander Avenue

This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.

Home Facts

Multi-Family

Built in 2022

Subdivision & Development:

Farwell Heights

Price Summary

450,000

$216 per Sq. Ft.

MLS #:

21381866

Last Updated:

September 23, 2026, 11:57 AM

Added:

16 day(s) ago

Rooms & Interior

Interior

Living Area:

2,082 Sq. Ft.

Structure

Structure

Building Area:

2,082 Sq. Ft.

Year Built:

2022

Lot

Lot Size (Sq. Ft):

8,232

Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$216 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 23, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker American Dream Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.