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For sale
    • Price cut: $3K (5/22)
    $76,900

    704 W 1st St, Waterloo, IA 50701

    --beds
    --baths
    1,604sqft
    : 
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    Duplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $48/sqft
    $-- HOA

    What's special

    Wood craftsman features throughoutNewer appliances
    Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, this is a strong investment opportunity and a must-see property.
    55 days
    |
    253
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Derick Rogers 319-504-2162,

    Realty ONE Group Movement

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20261867MLS Logo

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      Facts & features

      Interior

      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: None
      Features
      • Basement: Concrete
      Interior area
      • Total structure area: 1,604
      • Total interior livable area: 1,604 sqft
      • Finished area above ground: 892
      • Finished area below ground: 696

      Property

      Parking
      • Total spaces: 4
      • Parking features: On Street, None
      • Uncovered spaces: 4
      Features
      • Levels: Two
      Lot
      • Size: 2,100 Square Feet
      • Dimensions: 30x70
      Details
      • Additional structures: Multiple Houses
      • Parcel number: 891326177010
      • Zoning: R-1
      • 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: Separate Meters

      Community & HOA

      Location
      • Region: Waterloo

      Financial & listing details

      • Price per square foot: $48/sqft
      • Tax assessed value: $52,650
      • Annual tax amount: $982
      • Date on market: 5/4/2026
      • Cumulative days on market: 58 days
      • Lease term: Over 9 Months
      • Tenant pays: Electricity, Trash Collection, Gas, Heat
      • Road surface type: Hard Surface Road

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $832/mo

        Price history

        DateEventPrice
        5/22/2026Price change$76,900-3.8%$48/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261867 Report a problem
        5/4/2026Listed for sale$79,900+17.5%$50/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261867 Report a problem
        9/13/2025Listing removed$595
        Source: Zillow Rentals Report a problem
        7/29/2025Listed for rent$595
        Source: Zillow Rentals Report a problem
        4/30/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/3/2024Listed for rent$595+3.5%
        Source: Zillow Rentals Report a problem
        2/2/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/12/2023Price change$575-3.4%
        Source: Zillow Rentals Report a problem
        12/8/2023Price change$595-0.8%
        Source: Zillow Rentals Report a problem
        11/18/2023Listed for rent$600
        Source: Zillow Rentals Report a problem
        11/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/16/2023Price change$600-4%
        Source: Zillow Rentals Report a problem
        11/14/2023Price change$625-3.8%
        Source: Zillow Rentals Report a problem
        10/3/2023Price change$650-3.7%
        Source: Zillow Rentals Report a problem
        9/27/2023Price change$675-2.9%
        Source: Zillow Rentals Report a problem
        9/25/2023Listed for rent$695+20.9%
        Source: Zillow Rentals Report a problem
        9/15/2023Sold$68,000-2.7%$42/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233222 Report a problem
        8/5/2023Pending sale$69,900$44/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233222 Report a problem
        8/2/2023Listed for sale$69,900$44/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233222 Report a problem
        9/2/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/29/2022Listed for rent$575+15%
        Source: Zillow Rental Manager Report a problem
        2/27/2021Listing removed--
        Source: Owner Report a problem
        5/18/2020Listing removed$500
        Source: Owner Report a problem
        5/9/2020Listed for rent$500
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$983 +8.5%$52,650 +16.2%
        2024$906 +11.9%$45,310
        2023$809 +2.7%$45,310 +23%
        2022$788 -14.3%$36,840
        2021$919 +1.6%$36,840 -9.2%
        2020$905 -0.9%$40,590
        2019$912 +0.8%$40,590
        2018$905 +0.1%$40,590
        2017$904 -1.7%$40,590
        2016$920 $40,590
        2015$920 +0.7%$40,590
        2014$914 -9.9%$40,590 -15.6%
        2012$1,015 -8.7%$48,070
        2011$1,111 +3.3%$48,070 -10.4%
        2010$1,076 +2.8%$53,620
        2009$1,046 +2.2%$53,620
        2008$1,024 +1.7%$53,620 +7%
        2007$1,007 -0.5%$50,110
        2006$1,012 +56.2%$50,110
        2005$648 +5.8%$50,110 +83.6%
        2003$612 +1.7%$27,300
        2002$602 +10.8%$27,300 +18%
        2001$544 $23,130

        Find assessor info on the county website

        Monthly payment

        Est. payment

          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: Church Row Historic

          Getting around

          31 / 100
          Some Transit

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Irving Elementary
          • Middle: Central MS - Waterloo CSD
          • 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.

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