Additional vacant lotSeparate entrancesGarage door openers
Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional vacant lot — perfect for future development or added yard space. With consistent rental income already in place and room to expand or enhance, this is an ideal opportunity for investors looking to grow their portfolio in a high-demand area. Schedule your showing today and discover the possibilities this multi-parcel property has to offer! Property is being sold "as is"
316 days
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124
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4
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Zillow last checked:
Listing updated:
Listed by:
Brandie J White319-415-1414,
Berkshire Hathaway Home Serv
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20254849
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Laundry: Lower Level
Features
Basement: Block
Interior area
Total structure area: 1,152
Total interior livable area: 1,152 sqft
Finished area above ground: 1,542
Finished area below ground: 1,152
Property
Parking
Total spaces: 6
Parking features: Parking Space, Detached
Uncovered spaces: 6
Features
Levels: One
Lot
Size: 10,070 Square Feet
Details
Parcel number: 891326328038
Zoning: R-4
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Vinyl Siding
Roof: Asphalt
Condition
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Other
Community & HOA
Location
Region: Waterloo
Financial & listing details
Price per square foot: $161/sqft
Tax assessed value: $87,360
Annual tax amount: $1,644
Date on market: 10/3/2025
Cumulative days on market: 317 days
Lease term: Over 9 Months
Tenant pays: Electricity, Trash Collection, Gas, Heat, Grounds Care, Snow Removal, Water
Road surface type: Hard Surface Road
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$729/mo
Price history
Date
Event
Price
3/24/2026
Price change
$184,999-2.6%$161/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254849Report a problem
10/3/2025
Listed for sale
$189,999+46.2%$165/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254849Report a problem
3/29/2024
Sold
$130,000-2.1%$113/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240584Report a problem
2/27/2024
Pending sale
$132,750$115/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240584Report a problem
2/21/2024
Listed for sale
$132,750$115/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20240584Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
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.