If you're looking to add to your investment portfolio or live in one unit while renting the others, this renovated quadplex is worth a look! The property features four separate residences, including two 2BR and 1BA units and two 1BR and 1BA units. Each unit has been updated and includes appliances. The oversized backyard offers plenty of room for tenants to enjoy outdoor living and a sense of community. Conveniently located near Downtown Waco, Baylor University, shopping, dining, and major employers, making everyday living and commuting easy. Plenty of flexibility and potential for your next investment! Sold as-is; cash or conventional financing preferred.
Dean Highlands, located between Austin Avenue and the Brazos River, is a historic and residential Waco neighborhood with early-20th-century architecture and a leafy, walkable street grid. The neighborhood’s character concentrates around the Austin Avenue corridor near the Waco Suspension Bridge, where patios, galleries, and small dining rooms set a steady street-level hum. The Texas Ranger Hall of Fame and Museum anchors the riverfront’s civic presence, while the Dr Pepper Museum adds a distinctly Waco note in brick-and-bottle nostalgia. Craftsman bungalows and period cottages sit alongside larger porch-forward homes, giving the blocks a layered, lived-in look. Cameron Park’s trails and overlooks shape the outdoor rhythm nearby, and downtown’s cultural venues keep evenings active without changing the quiet tone of the side streets.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Other
Bedrooms
6 bedrooms
Bathrooms
4 full bathrooms
Kitchen
Electric oven
Refrigerator
Flooring
Luxury vinyl plank
Heating & cooling
Central electric heating
Central air conditioning
Exterior features
Covered patio or porch
Home design
Quadruplex
Two stories
Parking
Common parking lot
No garage
Construction
Built in 1949
Siding exterior
Composition shingle roof
Slab foundation
Utilities
City water
Electricity available
Sewer available
HOA & community
No association
Financial info
4 units
Gross annual income reported as $0
Gross annual expenses reported as $0
Net operating income reported as $0
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
165 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
McLennan County
APN
—
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 27, 2026.
R-3E
Multiple-Family Residence District
The R-3E multiple-family residence district is intended to provide for high-density, multiple-family development in locations adjacent to regional employment and business centers and which have the highest degree of accessibility to major transportation corridors, community facilities and public services.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Educational/school
Library
Golf related
Park & open space
Jun 17, 2026 • Final
Residential (mech)
Perform initial start up on existing equipment. Install a new thermostat and return air vents.
HVAC
May 4, 2026 • Final
Residential (elec)
Rewire a complete unit and connect it to a multi-family electrical service. Install new electrical circuits and a motor.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76708
Average low and high temperatures (°F)
57
35
68
43
79
54
80
61
84
65
91
75
94
76
95
75
91
68
88
61
75
52
66
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Waco. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2601 Summer Ave
$298,150
$850 under list price of $299K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $379K.