For sale

$270,000

911 Lafayette St, Waterloo, IA 50703

--beds

--baths

3,632sqft

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Quadruplex

Built in 1904

-- sqft lot

$251,200 Zestimate^®

$74/sqft

$-- HOA

What's special

Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!

146 days

112

6

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Facts & features

Interior

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: None

Features

Basement: Stone/Rock

Interior area

Total structure area: 3,632
Total interior livable area: 3,632 sqft
Finished area above ground: 1,816
Finished area below ground: 1,816

Property

Parking

Total spaces: 4
Parking features: On Street, None
Uncovered spaces: 4

Features

Levels: Two

Lot

Size: 6,000 Square Feet
Dimensions: 50x120

Details

Parcel number: 891325130016
Zoning: R-M
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 1904

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Paid by Individual, Garbage Pd by Individual, Gas Individual Meters

Community & HOA

Location

Region: Waterloo

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $111,670
Annual tax amount: $1,893
Date on market: 2/6/2026
Cumulative days on market: 404 days
Lease term: Other
Tenant pays: Electricity, Trash Collection, Gas, Heat
Road surface type: Hard Surface Road

Estimated market value

$251,200

$239,000 - $264,000

$782/mo

Price history

Date	Event	Price
2/6/2026	Listed for sale	$270,000$74/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260493 Report a problem
2/6/2026	Listing removed	$270,000$74/sqft
Source: BHHS broker feed #20252379 Report a problem
8/1/2025	Price change	$270,000-3.6%$74/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252379 Report a problem
5/23/2025	Listed for sale	$280,000+35.3%$77/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252379 Report a problem
7/13/2023	Sold	$207,000-3.7%$57/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
5/27/2023	Pending sale	$214,900$59/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
5/25/2023	Price change	$214,900-2.3%$59/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
5/22/2023	Listed for sale	$219,900$61/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
5/21/2023	Pending sale	$219,900$61/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
5/1/2023	Listed for sale	$219,900+7.3%$61/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20231604 Report a problem
4/15/2022	Sold	$205,000$56/sqft
Source: Agent Provided Report a problem
5/15/2020	Listing removed	$525
Source: EPM Iowa, LLC Report a problem
4/27/2020	Price change	$525-4.5%
Source: EPM Iowa, LLC Report a problem
3/6/2020	Listed for rent	$550+15.8%
Source: EPM Iowa LLC Report a problem
10/3/2018	Listing removed	$475
Source: Martin Realtors Report a problem
9/18/2018	Listed for rent	$475
Source: Martin Realtors Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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: Cedar River

Getting around

70 / 100

Somewhat Walkable

36 / 100

Some Transit

80 / 100

Very Bikeable

Nearby schools

GreatSchools rating

3/10
Lowell Elementary School
Grades: PK-5Distance: 0.8 mi
1/10
Central Middle School
Grades: 6-8Distance: 3.5 mi
3/10
West High School
Grades: 9-12Distance: 2.1 mi

Schools provided by the listing agent

Elementary: Lowell
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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