This 3-bedroom, 1-bath home offers a great opportunity for investors or buyers ready to add their personal touch. Previously used as a rental and currently vacant, the property is ready for improvements and updates. Featuring enclosed porches that add extra usable space, this home has solid potential for renovation, rental income, or a future resale. Convenient layout with room to build equity, this property is being priced to reflect the work needed. Ideal for those seeking a project.
For sale
$40,000
117 Sherman Ave, Waterloo, IA 50703
3beds
0baths
1,128sqft
Single Family Residence
Built in 1896
6,098 Square Feet Lot
$-- Zestimate®
$35/sqft
$-- HOA
What's special
Convenient layout
- 197 days |
- 304 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Michael Taylor 319-239-3659,
Lockard Realty Company
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Electric
Cooling
- Ceiling Fan(s)
Features
- Basement: Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,128 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 46 x 130
Details
- Parcel number: 891313306010
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1896
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $21,140
- Annual tax amount: $399
- Date on market: 2/4/2026
- Cumulative days on market: 198 days
- Road surface type: Crushed Rock
Estimated market value
Not available
Estimated sales range
Not available
$1,083/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listed for sale | $40,000+1381.5%$35/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20260439 Report a problem | ||
| 6/19/1995 | Sold | $2,700$2/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $399 +8.5% | $21,140 +14.9% |
| 2024 | $368 +8.8% | $18,400 |
| 2023 | $338 +2.7% | $18,400 +19.6% |
| 2022 | $329 +10.6% | $15,390 |
| 2021 | $297 +1.6% | $15,390 +17.2% |
| 2020 | $293 -0.9% | $13,130 |
| 2019 | $295 +0.8% | $13,130 |
| 2018 | $293 +0.3% | $13,130 |
| 2017 | $292 -2% | $13,130 |
| 2016 | $298 | $13,130 |
| 2015 | $298 +0.7% | $13,130 |
| 2014 | $296 -7% | $13,130 -12.9% |
| 2012 | $318 -25% | $15,080 |
| 2011 | $424 +3.3% | $15,080 -26.3% |
| 2010 | $411 +2.8% | $20,470 |
| 2009 | $399 +2.2% | $20,470 |
| 2008 | $391 +1.7% | $20,470 +7% |
| 2007 | $384 -0.5% | $19,130 |
| 2006 | $386 -8.5% | $19,130 |
| 2005 | $422 +5.8% | $19,130 +7.5% |
| 2003 | $399 +1.7% | $17,800 |
| 2002 | $393 +10.7% | $17,800 +18% |
| 2001 | $355 | $15,080 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Gates Park
Nearby schools
GreatSchools rating
- 2/10Cunningham SchoolGrades: PK-5Distance: 0.9 mi
- 2/10George Washington Carver AcademyGrades: 6-8Distance: 0.4 mi
- 2/10East High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Cunningham
- Middle: George Washington Carver Academy
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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