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!
For sale
$270,000
911 Lafayette St, Waterloo, IA 50703
--beds
--baths
3,632sqft
Quadruplex
Built in 1904
-- sqft lot
$251,000 Zestimate®
$74/sqft
$-- HOA
What's special
- 209 days
- 45
- 3
Zillow last checked:
Listing updated:
Listed by:
Brandie J White 319-415-1414,
Berkshire Hathaway Home Serv
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260493
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: 468 days
- Lease term: Other
- Tenant pays: Electricity, Trash Collection, Gas, Heat
- Road surface type: Hard Surface Road
Estimated market value
$251,000
$238,000 - $264,000
$686/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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Cedar River
Nearby schools
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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