*Prime Investment Alert!!* Nestled on a quiet street moments from local shops, dining, and Wartburg College, this fully-leased duplex offers two updated units with high income potential and minimal overhead. Features include separate utilities, solid rental history, and a sought-after neighborhood ambiance. Whether you live in one unit and rent the other for an ideal owner-occupant scenario, or manage a high-demand rental, this property provides a solid opportunity for long-term equity growth. Turnkey income--schedule a showing today!
For sale
Price cut: $5.1K (6/9)
$183,900
303 3rd St NW, Waverly, IA 50677
4beds
2baths
2,064sqft
Duplex
Built in 1897
-- sqft lot
$175,400 Zestimate®
$89/sqft
$-- HOA
What's special
Two updated unitsQuiet street
- 43 days |
- 680 |
- 34 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Justin Schedtler 404-406-5124,
RE/MAX Concepts - Waverly
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262280
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Basement: Interior Entry
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
- Finished area above ground: 1,224
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage, On Street, Detached
- Uncovered spaces: 4
Features
- Patio & porch: Deck
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
Details
- Parcel number: 0902109006
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Roof: Rubber,Asphalt
Condition
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Community & HOA
Location
- Region: Waverly
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $168,260
- Annual tax amount: $2,922
- Date on market: 5/23/2026
- Cumulative days on market: 44 days
- Lease term: Over 9 Months
- Tenant pays: Grounds Care, Snow Removal
Estimated market value
$175,400
$167,000 - $184,000
$1,057/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $183,900-2.7%$89/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $189,000-4.3%$92/sqft |
Source: | ||
| 3/9/2026 | Listing removed | $775 |
Source: Zillow Rentals Report a problem | ||
| 2/12/2026 | Listed for rent | $775 |
Source: Zillow Rentals Report a problem | ||
| 10/25/2025 | Listing removed | $775 |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Listed for rent | $775-3.1% |
Source: Zillow Rentals Report a problem | ||
| 5/11/2025 | Listing removed | $197,500$96/sqft |
Source: | ||
| 5/10/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 4/9/2025 | Listed for sale | $197,500-3.7%$96/sqft |
Source: | ||
| 4/8/2025 | Listing removed | $205,000$99/sqft |
Source: | ||
| 4/1/2025 | Pending sale | $205,000$99/sqft |
Source: | ||
| 2/20/2025 | Price change | $800-11.1% |
Source: Zillow Rentals Report a problem | ||
| 11/16/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 10/10/2024 | Listed for sale | $205,000+32.3%$99/sqft |
Source: | ||
| 6/4/2021 | Sold | $155,000-2.5%$75/sqft |
Source: | ||
| 4/24/2021 | Pending sale | $159,000$77/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,922 | $168,260 +2.9% |
| 2024 | $2,922 +8.5% | $163,440 -2.3% |
| 2023 | $2,692 +27.9% | $167,250 +20.8% |
| 2022 | $2,104 +0.2% | $138,490 +23.5% |
| 2021 | $2,100 +3.6% | $112,150 +7.1% |
| 2020 | $2,027 +5.2% | $104,670 |
| 2019 | $1,928 -7.3% | $104,670 +2.5% |
| 2018 | $2,078 +10.1% | $102,140 -7.3% |
| 2017 | $1,888 -14.1% | $110,190 |
| 2016 | $2,198 | $110,190 +7% |
| 2015 | $2,198 +6.7% | $102,980 |
| 2014 | $2,060 | $102,980 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 50677
Nearby schools
GreatSchools rating
- 7/10Waverly-Shell Rock Middle SchoolGrades: 5-8Distance: 1 mi
- 9/10Waverly-Shell Rock Senior High SchoolGrades: 9-12Distance: 0.8 mi
- 9/10Shell Rock Elementary SchoolGrades: PK-4Distance: 5.4 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Bremer County
- Waverly
- 50677
- 303 3rd St NW






