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
- 151 days |
- 318 |
- 8 |
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: 152 days
- Road surface type: Crushed Rock
Estimated market value
Not available
Estimated sales range
Not available
$1,072/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 | $15,080 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Gates Park
Nearby schools
GreatSchools rating
- 3/10Cunningham 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Black Hawk County
- Waterloo
- 50703
- Gates Park
- 117 Sherman Ave
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