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Sold for $117,500
  • $117,500

    1524 W 5th St, Waterloo, IA 50702

    --beds
    --baths
    1,962sqft
    Duplex
    Built in 1915
    -- sqft lot
    $132,900 Zestimate®
    $60/sqft
    $839 Estimated rent

    Home value

    $132,900

    $118,000 - $149,000

    $839/mo

    Zestimate® history
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    $839/mo

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    Rent Zestimate®

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    $633/mo

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    $633/mo

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    What's special

    A rare opportunity to own a duplex in a prime location in Waterloo. Both units are spacious and have functional layouts, each featuring 2 bedrooms and 1 bath, a living room, dining room and kitchen, as well as separate entrances. This house boasts many updates including newer roof on house and garage, low maintenance vinyl siding, some new flooring, light fixtures, some electrical updates and various cosmetic touches. Laundry facilities are shared and are available to each unit in the basement. All appliances included. There is ample amount of street parking plus a detached double garage in the rear. Could easily be converted to single family residence with an interior staircase connecting both units. Close to schools, shopping and easy access to major highways. Don't miss your opportunity on this cash flowing investment property. Currently rented for $700 up and $675 down but has potential for MUCH MORE! Both units have their own furnace & AC unit, utilities are individualized per unit and paid by the tenants. Seller pays for water/sewer/garbage. A must see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kara Bartels 319-939-1611,

    RE/MAX Alliance

    Bought with:

    Monica Benz, S7160200

    Oakridge Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20240953MLS Logo

    Facts & features

    Interior

    Cooling
    • Central Air
    Appliances
    • Laundry: Lower Level
    Features
    • Basement: Partially Finished
    Interior area
    • Total structure area: 1,962
    • Total interior livable area: 1,962 sqft
    • Finished area above ground: 981
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, On Street, Detached
    • Uncovered spaces: 2
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 40x106
    Details
    • Parcel number: 891326358014
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Elec Individual Meters, Gas Individual Meters

    Community & HOA

    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $60/sqft
    • Tax assessed value: $104,570
    • Annual tax amount: $1,816
    • Date on market: 3/13/2024
    • Cumulative days on market: 4 days
    • Lease term: Other
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    10/10/2026Listing removed--
    Source: Owner Report a problem
    6/3/2026Listed for sale$150,000$76/sqft
    Source: Owner Report a problem
    3/12/2026Listing removed--
    Source: Owner Report a problem
    3/2/2026Listed for sale$150,000+27.7%$76/sqft
    Source: Owner Report a problem
    4/15/2024Sold$117,500-5.9%$60/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240953 Report a problem
    3/17/2024Pending sale$124,900$64/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240953 Report a problem
    3/13/2024Listed for sale$124,900+60.1%$64/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240953 Report a problem
    12/7/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/29/2021Listed for rent$700
    Source: Zillow Rental Manager Report a problem
    11/9/2021Sold$78,000-8.1%$40/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20214700 Report a problem
    9/29/2021Pending sale$84,900$43/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20214700 Report a problem
    9/28/2021Listed for sale$84,900-17.2%$43/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20214700 Report a problem
    7/15/2005Sold$102,500$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,247 +8.5%$116,790 +12.8%
    2024$2,070 +14%$103,570
    2023$1,816 +3.1%$103,570 +25.3%
    2022$1,762 +0.9%$82,670 +0.3%
    2021$1,746 +1.6%$82,400 +6.9%
    2020$1,718 -0.9%$77,090
    2019$1,733 +0.8%$77,090
    2018$1,719 +0%$77,090
    2017$1,718 -2.1%$77,090 -0.2%
    2016$1,754 $77,280
    2015$1,754 +8.3%$77,280 +7.4%
    2014$1,620 -7.1%$71,960 -12.9%
    2012$1,743 -8%$82,600
    2011$1,895 +3.3%$82,600 -9.7%
    2010$1,835 +2.8%$91,460
    2009$1,785 +2.2%$91,460
    2008$1,747 +1.7%$91,460 +7%
    2007$1,718 -0.5%$85,480
    2006$1,727 +19.2%$85,480
    2005$1,448 +8.1%$85,480 +40.1%
    2003$1,339 +8.2%$61,030 +2.2%
    2002$1,238 +11.3%$59,710 +18%
    2001$1,112 $50,600
    Find assessor info on the county website

    Neighborhood: Church Row Historic

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Irving Elementary
    • Middle: Central
    • High: West 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.

    Sell for more on Zillow
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    $132,900
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    With Zillow Showcase(estimated)

    $135,558

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $132,900
    2% more
    +$2,658
    With Zillow Showcase(estimated)

    $135,558