Turnkey investment property in West Waterloo offering strong rental potential. This 2-bedroom, 1-bath home was extensively remodeled approximately 9 years ago, featuring updated drywall, interior doors, kitchen, windows, furnace, and appliances—providing a modernized interior with major improvements already completed. Exterior highlights include a durable metal roof, a fenced yard, and an oversized detached two-stall garage—offering excellent storage, workspace, and parking flexibility. Seller is a licensed Realtor in the State of Iowa.
Pending
$138,900
1733 Falls Ave, Waterloo, IA 50701
2beds
720sqft
Single Family Residence
Built in 1935
5,227 Square Feet Lot
$133,800 Zestimate®
$193/sqft
$-- HOA
What's special
Updated drywallFenced yardDurable metal roofOversized detached two-stall garage
- 33 days |
- 245 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Shane Frost 319-231-1692,
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Free-Standing Range, Refrigerator, Vented Exhaust Fan, Washer
- Laundry: Lower Level
Features
- Basement: Block,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 720 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Garage Door Opener, Oversized
- Carport spaces: 2
Features
- Patio & porch: Patio, Enclosed
- Fencing: Fenced
Lot
- Size: 5,227 Square Feet
- Dimensions: 40x125
Details
- Parcel number: 891322387002
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Metal
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $118,030
- Annual tax amount: $2,113
- Date on market: 5/27/2026
- Cumulative days on market: 61 days
- Road surface type: Alley Paved
Estimated market value
$133,800
$127,000 - $140,000
$827/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Pending sale | $138,900$193/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20262315 Report a problem | ||
| 5/27/2026 | Listed for sale | $138,900-0.7%$193/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262315 Report a problem | ||
| 5/23/2026 | Listing removed | $139,900$194/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261731 Report a problem | ||
| 5/12/2026 | Price change | $139,900-3.5%$194/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261731 Report a problem | ||
| 5/4/2026 | Price change | $144,900-2.8%$201/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261731 Report a problem | ||
| 4/28/2026 | Price change | $149,000-3.9%$207/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261731 Report a problem | ||
| 4/26/2026 | Listed for sale | $155,000+287.5%$215/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261731 Report a problem | ||
| 10/27/2025 | Listing removed | $1,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2025 | Listed for rent | $1,100+41.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/25/2019 | Listing removed | $775$1/sqft |
Source: Owner Report a problem | ||
| 9/18/2019 | Listed for rent | $775$1/sqft |
Source: Owner Report a problem | ||
| 5/9/2018 | Listing removed | $775$1/sqft |
Source: Owner Report a problem | ||
| 5/2/2018 | Price change | $775-3.1%$1/sqft |
Source: Owner Report a problem | ||
| 4/22/2018 | Listed for rent | $800$1/sqft |
Source: Owner Report a problem | ||
| 1/26/2018 | Sold | $40,000-29.7%$56/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20175003 Report a problem | ||
| 12/27/2017 | Pending sale | $56,900$79/sqft |
Source: Coldwell Banker Trapp Realtors #20175003 Report a problem | ||
| 11/29/2017 | Price change | $56,900-5%$79/sqft |
Source: Coldwell Banker Trapp Realtors #20175003 Report a problem | ||
| 10/11/2017 | Price change | $59,900-4.2%$83/sqft |
Source: Coldwell Banker Trapp Realtors #20175003 Report a problem | ||
| 9/8/2017 | Listed for sale | $62,500-8.8%$87/sqft |
Source: Coldwell Banker Trapp Realtors #20175003 Report a problem | ||
| 7/20/2016 | Listing removed | $68,500$95/sqft |
Source: Visual Tour #20161121 Report a problem | ||
| 6/7/2016 | Price change | $68,500-2%$95/sqft |
Source: Trapp REALTORS #20161121 Report a problem | ||
| 3/8/2016 | Listed for sale | $69,900+1.3%$97/sqft |
Source: Trapp REALTORS #20161121 Report a problem | ||
| 8/18/2015 | Listing removed | $69,000$96/sqft |
Source: Trapp REALTORS #20153127 Report a problem | ||
| 6/16/2015 | Listed for sale | $69,000+15%$96/sqft |
Source: Trapp REALTORS #20153127 Report a problem | ||
| 4/3/2008 | Sold | $60,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,113 +8.5% | $118,030 +21.2% |
| 2024 | $1,947 +18.2% | $97,410 |
| 2023 | $1,647 +2.7% | $97,410 +29.9% |
| 2022 | $1,603 +0.9% | $74,970 |
| 2021 | $1,588 +1.6% | $74,970 +6.9% |
| 2020 | $1,563 +4.2% | $70,120 |
| 2019 | $1,500 +16% | $70,120 +5.1% |
| 2018 | $1,293 +0.1% | $66,710 |
| 2017 | $1,292 -1.8% | $66,710 |
| 2016 | $1,316 | $66,710 |
| 2015 | $1,316 +1.1% | $66,710 |
| 2014 | $1,302 -10.3% | $66,710 -4.7% |
| 2012 | $1,451 +12.3% | $69,980 +1.8% |
| 2011 | $1,292 +3.3% | $68,750 +10.3% |
| 2010 | $1,251 +2.8% | $62,350 |
| 2009 | $1,217 +2.2% | $62,350 |
| 2008 | $1,191 +1.7% | $62,350 +7% |
| 2007 | $1,171 +12.1% | $58,270 |
| 2006 | $1,044 +7.5% | $58,270 +12.7% |
| 2005 | $972 +8.7% | $51,700 +29.7% |
| 2003 | $894 +1.7% | $39,850 |
| 2002 | $879 +10.7% | $39,850 +18% |
| 2001 | $794 | $33,770 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Fred Becker Elementary SchoolGrades: PK-5Distance: 1 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10East High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Fred Becker Elementary
- Middle: Central Intermediate
- 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.
A local lender can help you make sure your offer is ready when you are.
- Iowa
- Black Hawk County
- Waterloo
- 50701
- 1733 Falls Ave
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