Located just minutes from downtown, this fourplex offers strong cash flow potential with $1,675 in current monthly rent and one vacant unit ready for your improvements. With some updates, there’s room to boost both income and value. Can be paired with 303 Logan Ave for a total of 8 units at a great price! At this price point, it’s a prime opportunity to expand your portfolio and capitalize on the growing downtown market.
Sold for $70,000
$70,000
1013 Mulberry St, Waterloo, IA 50703
--beds
--baths
1,558sqft
Quadruplex
Built in 1899
-- sqft lot
$95,800 Zestimate®
$45/sqft
$785 Estimated rent
Home value
$95,800
$67,000 - $127,000
$785/mo
Zestimate® history
Owner options
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$785/mo
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$785/mo
Rent Zestimate®
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$377/mo
Est. payment
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$377/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jared Hottle 319-288-5382,
Berkshire Hathaway Home Services One Realty Centre
Bought with:
Jared Hottle, S68688000
Berkshire Hathaway Home Services One Realty Centre
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20253759
Facts & features
Interior
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: None
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,558 sqft
- Finished area above ground: 779
- Finished area below ground: 779
Property
Parking
- Total spaces: 2
- Parking features: On Street, None
- Uncovered spaces: 2
Lot
- Size: 3,360 sqft
- Dimensions: 40x84
Details
- Parcel number: 891325132010
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Waterloo
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $70,000-12.5%$45/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20253759 Report a problem | ||
| 8/8/2025 | Pending sale | $80,000$51/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253759 Report a problem | ||
| 8/5/2025 | Listed for sale | $80,000+4.6%$51/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253759 Report a problem | ||
| 4/25/2023 | Sold | $76,500$49/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20224392 Report a problem | ||
| 2/27/2023 | Pending sale | $76,500$49/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20224392 Report a problem | ||
| 1/27/2023 | Price change | $76,500-10%$49/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20224392 Report a problem | ||
| 9/15/2022 | Listed for sale | $85,000$55/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20224392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,023 -3.6% | $55,310 +17.3% |
| 2024 | $1,062 +46.4% | $47,160 -11.2% |
| 2023 | $725 -12.8% | $53,110 +60.8% |
| 2022 | $831 +0.7% | $33,020 |
| 2021 | $826 -6% | $33,020 +8.4% |
| 2020 | $878 -2.7% | $30,460 +8.4% |
| 2019 | $902 -6.2% | $28,090 |
| 2018 | $962 -0.1% | $28,090 |
| 2017 | $962 -10.3% | $28,090 |
| 2016 | $1,072 | $28,090 |
| 2015 | $1,072 -10.5% | $28,090 -7.8% |
| 2014 | $1,198 +3.2% | $30,460 +9.1% |
| 2012 | $1,161 -0.9% | $27,910 |
| 2011 | $1,171 -0.2% | $27,910 +1.7% |
| 2010 | $1,173 -0.1% | $27,430 |
| 2009 | $1,174 -0.9% | $27,430 |
| 2008 | $1,185 +6.7% | $27,430 +9% |
| 2007 | $1,110 +1.3% | $25,170 |
| 2006 | $1,096 +54.2% | $25,170 |
| 2005 | $711 +19.4% | $25,170 +84.5% |
| 2003 | $595 +4.6% | $13,640 |
| 2002 | $569 -31.7% | $13,640 |
| 2001 | $833 | $13,640 |
Find assessor info on the county website
Neighborhood: Cedar River
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 3.6 mi
- 3/10West High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Lowell Elementary
- Middle: Central
- High: East High
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Black Hawk County
- Waterloo
- 50703
- Cedar River
- 1013 Mulberry St
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