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Explore Similar Apartments Within 25 Miles of Oelwein, IA

  • /12

    $152,500

    • 1,728 Sq Ft

    1103-1107 Logan Ave, Waterloo, IA 50703

    Great investment opportunity in a ranch style duplex! Two bedroom, one bathroom, living room, kitchen, 12x14 concrete patio each unit. Nice corner lot location in a quiet neighborhood. 1103 rent is $660/month 1107 rent is $675/month, both section 8 tenants. Would make for a great investment! Schedule your showing today!

    Ron Garris, CRB,CRS AWRE - Commercial & Development

    1103-1107 Logan Ave, Waterloo, IA 50703
  • /14

    $89,900

    • 3 Beds
    • 2 Baths
    • 975 Sq Ft

    258 Western Ave, Waterloo, IA 50701

    Spacious duplex offering strong rental history with units previously renting for $750 and $830 per month. Each unit provides generous living space, making it an attractive option for both tenants and owner-occupants. A brand-new garage has been added to the property, offering excellent flexibility for owner storage, additional tenant convenience, or even potential for extra income. This property

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    258 Western Ave, Waterloo, IA 50701
  • /2

    $125,000

    • 1,798 Sq Ft

    2836 Independence Ave, Waterloo, IA 50707

    5- unit investment property! 1 unit is a 2-bedroom and the rest are 1 bedroom apartments. 24 hour notice needed for all showings.

    Whitney Kohlmeyer Oakridge Real Estate

    2836 Independence Ave, Waterloo, IA 50707
  • /6

    $105,000

    • 3 Beds
    • 2 Baths
    • 976 Sq Ft

    102 South St, Waterloo, IA 50701

    Great investment opportunity! Lower unit features two bedrooms and one bathroom. Upstairs unit offers one bedroom and one bathroom.

    Leeann Sires EPM, Iowa

    102 South St, Waterloo, IA 50701
  • /3

    $49,900

    • 793 Sq Ft

    114 Allen St, Waterloo, IA 50701

    Great cash flow on this duplex! Fully occupied and ready to go! Downstairs unit is a 1 bedroom, and the back/upstairs is a 2 bedroom

    Lindsey Bierman Epique Realty

    114 Allen St, Waterloo, IA 50701
  • /2

    $64,900

    • 768 Sq Ft

    206 Randolph St, Waterloo, IA 50701

    Great cash flow on this duplex! Fully occupied and ready to go! Downstair is a 2 bedroom, and the upstairs is a 1 bedroom

    Lindsey Bierman Epique Realty

    206 Randolph St, Waterloo, IA 50701
  • /37

    $279,900

    • 6,072 Sq Ft

    88 Eldene Ct, Evansdale, IA 50707

    Large side-by-side duplex offering 4 bedrooms per side with spacious units, updated kitchen and large bathrooms. Property sits on a slab on large lot. Great additional to your rental portfolio!

    Chris Fischels Fischels Commercial Group

    88 Eldene Ct, Evansdale, IA 50707
  • /3

    $390,000

    • 2,552 Sq Ft

    211 Fereday Ct, Waterloo, IA 50701

    ATTENTION INVESTORS!! Come look at this traditional 8 plex. Tired of only seeing cobbled up conversions! This one is for you. Plenty of opportunity here to grow your business. Rents are consistently over $4600.00 per month. Currently $4750.00 plus any pet rents. 8 one bed one bath units. Most of them have been freshly painted in the last 12 months and some have new flooring and minor

    James Snider Premier Farm Realty Group

    211 Fereday Ct, Waterloo, IA 50701
  • /20

    $134,900

    • 2,244 Sq Ft

    221 Center St, Elgin, IA 52141

    This 4-unit property has a great ROI. The occupancy has been very high. The current owners have replaced the roof and updated electrical. Each unit has 2-bedrooms. There is potential to convert the front downstairs 2-bedroom back to a commercial space as it has served in both capacities.

    Jeffrey Marcks EXIT Realty Driftless Group

    221 Center St, Elgin, IA 52141
  • /12

    $1,800,000

    • 4,357 Sq Ft

    611 Johnson St, Waterloo, IA 50702

    This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with

    Tyler Rasmussen EPM, Iowa

    611 Johnson St, Waterloo, IA 50702
  • /18

    $100,000

    • 2 Beds
    • 1,068 Sq Ft

    1103 Jefferson St, Waterloo, IA 50702

    Turnkey triplex in Waterloo, Iowa – vacant and ready for tenants! Live in one unit and rent out the others. Separate electric and gas meters. Previously rented for $2,000/month when fully occupied. Opportunity for extra income with laundry

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    1103 Jefferson St, Waterloo, IA 50702
  • /5

    $270,000

    • 1,816 Sq Ft

    911 Lafayette St Unit 913, Waterloo, IA 50703

    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

    Brandie White Berkshire Hathaway Home Services One Realty Centre

    911 Lafayette St Unit 913, Waterloo, IA 50703
  • /2

    $139,000

    • 1,070 Sq Ft

    406-408 Gladys St, Waterloo, IA 50702

    Investor and home renovator opportunity here! This home is ready to reno! This home was previously a duplex and could still be, but is also in the process of being converted into a single family home. Newer Windows and doors, new siding, two new fuse boxes, and new electrical ran through half the house. Come take a look at a great project home! Sold AS-IS

    Justin Finn Four Seasons Realtors Inc

    406-408 Gladys St, Waterloo, IA 50702
  • /20

    $280,000

    • 1,154 Sq Ft

    1113 Rainbow Dr, Waterloo, IA 50701

    Great cash flow rental property located in quiet neighborhood in west Waterloo. TWO separate duplexes on the property create a combined gross rent of $2825 per month. The house is split into two units, a two bedroom on the first floor and a one bedroom on the upper floor. The newer duplex building situated in the back part of the property was constructed as a duplex and both units are one bed one

    Bond Shymansky Skogman Realty

    1113 Rainbow Dr, Waterloo, IA 50701
  • /12

    $94,900

    • 869 Sq Ft

    507 King St, Fayette, IA 52142

    Start your investment portfolio or add to it with this income-generating duplex in Fayette! Both units are two bedrooms & one bath. The yard offers space to play or relax and the deck gives you the option for morning coffee or early evening meals. An oversized 34' x 28' garage is located at the back of the property and has a bath and workshop. There is also convenient parking in the front and

    Tade Kerndt Viking Realtors

    507 King St, Fayette, IA 52142
  • /11

    $80,000

    • 4 Beds
    • 2 Baths
    • 1,064 Sq Ft

    73 Lafayette St, Waterloo, IA 50703

    Duplex for sale. 2 bedroom, 1 bath units, very spacious and kept in great condition. Great investor property. Come check it out and you will be very satisfied.

    Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

    73 Lafayette St, Waterloo, IA 50703
  • /20

    $370,000

    • 1 Bed
    • 1 Bath
    • 4,289 Sq Ft

    310 W Plum St, West Union, IA 52175

    Don't miss this rare chance to own a well-maintained fourplex, built in 1995 ,featuring four spacious units- each with its own attached two car garage. These highly desirable units boast a low vacancy rate and consistent rental income, making it an ideal investment for both new and seasoned investors. This property has been well cared for, reflecting pride of ownership and offering long-term

    Lisa Wescott Homestead Realty, LLC

    310 W Plum St, West Union, IA 52175
  • /17

    $290,000

    • 3,840 Sq Ft

    705 Iowa 150, West Union, IA 52175

    Investment opportunity awaits!!! This2.19 acre property has a 3 bedroom/2 bath home, a 2 car detached garage with a 1bdr apartment up above the garage, along with a 15 unit motel. This property is mostly made up of long/short term rentals.

    Lisa Wescott Homestead Realty, LLC

    705 Iowa 150, West Union, IA 52175
  • /20

    $1,650,000

    • 408 Sq Ft

    211 Madison St, Waterloo, IA 50703

    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

    Tyler Rasmussen EPM, Iowa

    211 Madison St, Waterloo, IA 50703
  • /23

    $149,000

    • 2,090 Sq Ft

    312 S Brewer St, Manchester, IA 52057

    What is hot on the market these days? Yep rentals! This duplex has both units filled with long time renters that want to stay:) Beautiful lot great location close to all the amenities for every day life! Each unit has it's own utilities set up. Lets start building your house farming portfolio today!

    Susan Meyer EXIT Unlimited

    312 S Brewer St, Manchester, IA 52057
  • /2

    $80,000

    • 974 Sq Ft

    1113 Mulberry St Unit 1115, Waterloo, IA 50703

    Located in the heart of downtown Waterloo, this triplex offers a solid investment opportunity at an unbeatable price per unit. The property features two main floor units and one upper-level unit, with two of the three currently rented. When fully occupied, it brings in over $1,600 per month in gross rent. Owner currently pays all utilities. While the property could use some TLC, there’s plenty

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    1113 Mulberry St Unit 1115, Waterloo, IA 50703
  • /2

    $110,000

    • 1,328 Sq Ft

    303 Logan Ave, Waterloo, IA 50703

    This large, income-producing property generates nearly $2,400 in monthly rent. All units are currently occupied, offering immediate cash flow. Potential to increase income by separately metering utilities and adding coin-operated laundry. While the property could use some updates, opportunities like this at this price point are hard to find—don’t miss out!

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    303 Logan Ave, Waterloo, IA 50703

Why Live in Oelwein

Nearly 6,000 people live in the small city of Oelwein. “We are a friendly community,” says Deb Howard, executive director of the Oelwein Chamber & Area Development. “I know everybody says that, but we take care of our people and like to offer ...

Home Trends in Oelwein, IA

Housing Trends

Median Sale Price
$112,750
Median Single Family Sale Price
$120,000
Median 2 Bedroom Sale Price
$251,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
29
Last 12 months Home Sales
98
Months of Supply
3.60
Median List Price
$130,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-2%
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