Acreage living with unique possibilities! Situated on approximately 2 acres in Waterloo, this versatile property offers the space and setting of an acreage along with commercial zoning that opens the door to a variety of potential uses. Inside, you’ll find three bedrooms upstairs, plus an additional upstairs room with existing plumbing, offering great potential for a future bathroom or other use. The main floor features a full bathroom and a non conforming bedroom that could also serve as an office, playroom, guest space, or additional living area. Recent updates include new flooring, fresh paint, and a number of exterior improvements and repairs, making this property ready for its next chapter. The home has also recently been connected to city water. Outside, the property offers approximately 2 acres, multiple outbuildings for storage, hobbies, equipment, or business needs, and an attached two-stall garage. The location provides an interesting blend of residential and commercial surroundings, with residential acreages to the north and Casey’s and other commercial properties nearby to the south. Whether you’re searching for an affordable starter acreage, need extra space for your hobbies or equipment, or are looking for a property where you may be able to combine home and business needs, this one is full of potential. A unique Waterloo opportunity with room to make it your own!
Pending
$158,500
3127 Logan Ave, Waterloo, IA 50703
3beds
1,567sqft
Acres
Built in 1900
2 Acres Lot
$154,600 Zestimate®
$101/sqft
$-- HOA
What's special
Three bedrooms upstairsNew flooringFresh paintExterior improvements and repairsAttached two-stall garageConnected to city water
- 16 days
- 677
- 54
Zillow last checked:
Listing updated:
Listed by:
Victoria Lockard 319-504-4934,
Lockard Realty Company
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,567 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Carport spaces: 4
Lot
- Size: 2 Acres
- Dimensions: 300x290
Details
- Parcel number: 891302476049
- Zoning: C-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Acres
Materials
- Vinyl Siding
- Roof: Steel
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $105,540
- Annual tax amount: $1,634
- Date on market: 9/18/2026
- Cumulative days on market: 16 days
- Road surface type: Mixed
Estimated market value
$154,600
$147,000 - $162,000
$983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Pending sale | $158,500$101/sqft |
Source: | ||
| 9/18/2026 | Listed for sale | $158,500$101/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,435 -1.1% | $105,540 +17.2% |
| 2024 | $1,451 -9.2% | $90,070 |
| 2023 | $1,597 +2.8% | $90,070 +10.4% |
| 2022 | $1,553 +13.6% | $81,600 |
| 2021 | $1,367 +2% | $81,600 +18.3% |
| 2020 | $1,340 -1.3% | $68,960 |
| 2019 | $1,359 +1.2% | $68,960 |
| 2018 | $1,343 -0.1% | $68,960 |
| 2017 | $1,344 +10.9% | $68,960 +11% |
| 2016 | $1,212 | $62,140 |
| 2015 | $1,212 +1.2% | $62,140 |
| 2014 | $1,198 -15% | $62,140 -6.9% |
| 2012 | $1,409 +4% | $66,770 |
| 2011 | $1,354 +3.3% | $66,770 +2.1% |
| 2010 | $1,311 +2.8% | $65,370 |
| 2009 | $1,276 +51% | $65,370 |
| 2008 | $845 +1.7% | $65,370 +58.1% |
| 2007 | $831 -0.5% | $41,350 |
| 2006 | $835 -34.5% | $41,350 |
| 2005 | $1,275 +5.8% | $41,350 -23.1% |
| 2003 | $1,205 +1.7% | $53,740 |
| 2002 | $1,185 +10.7% | $53,740 +18% |
| 2001 | $1,071 | $45,540 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50703
Nearby schools
Schools provided by the listing agent
- Elementary: Lincoln Elementary Waterloo
- 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.





