Pending

$237,500

102 9th Ave NW, Waverly, IA 50677

--beds

--baths

5,128sqft

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Apartment

Built in 1895

-- sqft lot

$-- Zestimate^®

$46/sqft

$-- HOA

What's special

House Hacker's Dream – 5-Unit Income Property with 6th Unit Potential back on the Market, no fault to seller! Welcome to a house hacker’s dream come true! This versatile 5-family conversion offers an immediate income-generating opportunity, with the potential to easily add a 6th unit. Set on a generous 26,136 sq ft lot, the property features over 4,300 sq ft of living space, providing plenty of room for tenants and value-add potential. Conveniently located near the bike trail and river, this property combines rental income potential with outdoor lifestyle appeal—perfect for both first-time investors and seasoned pros looking to expand their portfolio. Message me today to schedule your private showing and take the first step toward your next great investment!

364 days

36

1

Facts & features

Interior

Heating

Forced Air

Cooling

Ceiling Fan(s), Wall Unit(s)

Appliances

Laundry: 2nd Floor, Gas Dryer Hookup, Washer Hookup

Features

Basement: Stone/Rock

Interior area

Total structure area: 5,128
Total interior livable area: 5,128 sqft
Finished area above ground: 2,328
Finished area below ground: 1,998

Property

Parking

Total spaces: 10
Parking features: On Street, None
Uncovered spaces: 10

Features

Levels: Two
Patio & porch: Patio

Lot

Size: 0.6 Acres
Dimensions: 132 x 198

Details

Parcel number: 0535301003
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Wood Siding
Roof: Rubber,Asphalt

Condition

Year built: 1895

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other

Community & HOA

Location

Region: Waverly

Financial & listing details

Price per square foot: $46/sqft
Tax assessed value: $143,770
Annual tax amount: $2,112
Date on market: 7/14/2025
Cumulative days on market: 361 days
Lease term: Other
Tenant pays: Electricity, Trash Collection, Gas, Heat, Water

Estimated market value

Not available

Estimated sales range

Not available

$2,513/mo

Price history

Date	Event	Price
6/1/2026	Pending sale	$237,500$46/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253337 Report a problem
1/13/2026	Price change	$237,500-4%$46/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253337 Report a problem
9/25/2025	Listed for sale	$247,500$48/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253337 Report a problem
7/22/2025	Pending sale	$247,500$48/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253337 Report a problem
7/14/2025	Listed for sale	$247,500$48/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20253337 Report a problem
2/27/2025	Listing removed	$600
Source: Zillow Rentals Report a problem
11/21/2024	Listed for rent	$600
Source: Zillow Rentals Report a problem
11/29/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/16/2023	Listed for rent	$600
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,340 +10.8%	$143,770 -3.9%
2024	$2,112 +6.8%	$149,590 +6.9%
2023	$1,978 -3.9%	$139,930 +22.7%
2022	$2,058 +0.5%	$114,040 +10.1%
2021	$2,048 -11.8%	$103,620 +8.8%
2020	$2,321 +0.6%	$95,230
2019	$2,307 -17.7%	$95,230
2018	$2,804 +23.5%	$95,230 -9.2%
2017	$2,270 -24.4%	$104,830
2016	$3,002	$104,830
2015	$3,002 -12.1%	$104,830
2014	$3,414 -5%	$104,830
2013	$3,594 +20.6%	--
2012	$2,980 +7.2%	--
2011	$2,780 +1.2%	--
2010	$2,748 +4%	--
2009	$2,642 -3.6%	--
2008	$2,742 +1.8%	--
2007	$2,694 +8.5%	--
2005	$2,482	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 50677

Getting around

43 / 100

Car-Dependent

42 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Waverly-Shell Rock Middle School
Grades: 5-8Distance: 1.4 mi
9/10
Waverly-Shell Rock Senior High School
Grades: 9-12Distance: 1.2 mi
9/10
Shell Rock Elementary School
Grades: PK-4Distance: 5.7 mi

Schools provided by the listing agent

Elementary: Waverly / Shellrock
Middle: Waverly / Shellrock
High: Waverly / Shellrock

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.