Turnkey 20-Unit Income-Producing Asset in the Heart of Waco, TX Located at 404 East Craven Avenue, this well-maintained 20-unit multifamily property offers a strong opportunity for investors seeking stable cash flow in one of Central Texas’s most resilient rental markets. Featuring all spacious 2-bedroom, 1-bathroom units, the property maintains approximately 95% occupancy, demonstrating consistent tenant demand and reliable income. Built in 1965 with minimal deferred maintenance, this value-stable asset sits in a strategic central Waco location, providing residents with convenient access to nearby schools, shopping centers, restaurants, and major highways. Its proximity to downtown Waco, Baylor University, and growing employment hubs makes it an attractive option for both families and working professionals. With in-place income and upside potential, 404 E Craven Ave represents a turnkey, income-generating opportunity in a rapidly growing market.