$85,449Average Value$274Average Price per Sq Ft3Homes For Sale
A central, accessibly prices neighborhood
Neighbors for Life is a central neighborhood with accessibly priced homes. With an average home sale price of $64,000 and proximity to the rapidly growing downtown Waterloo, this neighborhood is starting to catch the attention of many homebuyers.
"It's a nice, centralized location," says Justin Finn, a relator with Four Seasons Realtors and lifelong Waterloo resident. "It's close to restaurants, easy to access the shopping area and a 5- to 10-minute drive from Evansdale. You're really in the middle of everything."
Four square homes are well represented in Neighbors for Life.
Minimal gothic revivals and traditional homes are common in Neighbors for Life.
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Shopping, dining and services in downtown Waterloo
Shopping and dining are located just outside of Neighbors for Life. Along East 4th Street, restaurant options range from longstanding staples such as Morg's, to newer establishments, such as Hungry Charlie’s Lunchbox Deli. “There are a ton of good restaurants,” Gerald Sorensen, realtor with RE/MAX Home Group. “Anton’s Garden is one of my favorites. It’s an awesome German outdoor bar, which is pretty rare in Waterloo.”
Residents can also go to 4th for services. Precision Tattoo and Hair, as the name suggests, is a tattoo parlor and beauty salon all wrapped in one. Government buildings, the Black Hawk County Courthouse, and the Waterloo Housing Authority are also in the area.
Neighbors for Life residents can dine and socialize at Jameson's Public House in Waterloo.
Stop by the boutique stores in Waterloo, near Neighbors for Life.
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All in Grocers and big box needs
Eastside Waterloo was largely a food desert until All in Grocers opened shop in 2023. Along with selling fresh produce and other grocery needs, the Black, locally owned institution is also a restaurant, community center and laundromat. Residents have to travel to West Waterloo for big-box needs. About 3 miles away on East San Marnan Drive, there’s a Walmart, Aldi and Target.
South of Neighbors for Life are many retail shops including big box stores like Walmart.
Neighbors for Life families can shop at grocery stores like Aldi.
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Accessibly priced, longstanding homes
This community has a broad mix of housing styles, including minimal traditional, Dutch Colonial, American Four Square and minimal Gothic Revival. While some homes were built as early as 1890, some were built as late as 2009. For the most part, however, houses in Neighbors for Life were built in the 1950s.
Prices range from as low as $5,000 for something that needs some love to $180,000 for a newly renovated home. "There are a few homes that are kind of run down, but they're definitely affordable if you want to buy something and clean it up a little," says Sorensen. "Waterloo is really trying to revitalize that area."
Inventory is very low. Homes hardly hit the market but quickly sell when they do — in an average of 20 days. For comparison, the US average is 43 days.
Ranch homes with spacious yards can be found throughout Neighbors for Life.
Gothic revival homes are well represented in Neighbors for Life.
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Waterloo East High features career center
School options depend on which side of the neighborhood kids reside. The C-minus-rated Lowell Elementary is the first step for those north of Lafayette and east of Lamont. Other kindergarten through fifth-grade kids attend Highland Elementary, which has a C on Niche. Middle school kids north of Dubuque Road attend George Washington Carver Academy, and others enroll in Bunger Middle, both of which have C-minus ratings. The last step for all Neighbors for Life students is Waterloo East High, which has a C-plus. Finn says that students from high schools across town can go to the career center and learn on-the-job skills. "That's a big plus for Waterloo. A lot of places don't do stuff like that," he says.
East High School is a public school in Waterloo with about 1,022 students in grades 9-12.
Lowell Elementary is a public school in Waterloo, with a student-teacher ratio of 12 to 1.
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Best ways to commute around Neighbors for Life
This neighborhood is primarily car-dependent, but the side closest to downtown is easier to walk. It's also a fairly bikeable community. Neighbors for Life is just 3 miles west of Evansdale and 10 miles east of Cedar Falls. There aren't many public transit options, but bus route 4 runs through.
Transportation options in Neighbors for Life include bus rides connecting to other cities.
Neighbors for Life is a quiet residential neighborhood in Waterloo, with ample tree cover,
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Lafayette Park
Lafayette Park is located in the center of the neighborhood and features a playscape, shaded picnic area, basketball court and ample open green space.
Shoot some hoops at Lafayette Park.
Locals enjoy fishing on the riverfront at Cedar Bend Park.
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Noise from train tracks
Some residents deal with noise pollution from the train tracks running along Dubuque. There's also a track along the neighborhood's south side, along the Cedar River. Residents closest to these tracks also deal with extra noise.
Neighbors for Life residents may be wary of the nearby train tracks.
Neighbors for Life offers scenic views along the Cedar River.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Neighbors for Life, Waterloo sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Neighbors for Life, Waterloo over the last 12 months is $93,000, up 49% from the median home sale price over the previous 12 months.
***ACCEPTED OFFER! 9.4.25***24 HOUR NOTICE FOR ALL SHOWINGS - There is a tenant living in the home currently.*** Spacious and full of potential, this 3-bedroom, 1-bath home offers over 1,250 square feet of living space in a welcoming, family-friendly community. The large floor plan provides plenty of room to spread out, featuring a comfortable living area, functional kitchen, and a screened-in
Five lots are included in this price. Each lot has sewer and water that run to the lot line. ***The included parcels are 891230129033, 891230129032, 891230129030, 891230129029, and 891230129028. Gross taxes are all parcels totaled together.
Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
