$49,500

1223 W Mullan Ave Waterloo, IA 50701

Church Row Neighborhood

Estimated payment $321/month

Total Views 9,687
2 Beds
1 Bath
432 Sq Ft
$115 Price per Sq Ft

About This Home

Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$700 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property.

Listing Agent

Mike Taylor

Lockard Realty Company License #S40482 Listed on: 12/15/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $706

Year Built

  • Built in 1949

Lot Details

  • 1,312 Sq Ft Lot
  • Lot Dimensions are 16x82

Parking

  • No Garage

Home Design

  • 432 Sq Ft Home
  • Built-Up Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Irving Elementary School
  • Central Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 891326156013

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$706

Year Built

Built in 1949

Lot Details

1,312 Sq Ft Lot

Listing Details

  • Parcel Number: 891326156013
  • Year Built: 1949
  • Property Sub-Type: Townhouse
  • PropertyType: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-8000
  • MLS Status: ACTIVE
  • Reso Fireplace Features: None
  • Reso Roof: Built-Up
  • TotalFinishedSquareFootage: 432
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Irving Elementary
  • High School: East High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 16X82
  • Lot Size Sq Ft: 1312
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 706.36

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $737 $40,010 $4,600 $35,410
2024 $678 $33,960 $4,600 $29,360
2023 $592 $33,960 $4,600 $29,360
2022 $576 $26,960 $4,600 $22,360
2021 $666 $26,960 $4,600 $22,360
2020 $656 $29,440 $4,600 $24,840
2019 $656 $29,440 $4,600 $24,840
2018 $656 $29,440 $4,600 $24,840
2017 $676 $29,440 $4,600 $24,840
2016 $668 $29,440 $4,600 $24,840
2015 $668 $29,440 $4,600 $24,840
2014 $550 $23,810 $4,600 $19,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 For Sale $49,500 -76.6% $115 / Sq Ft
07/31/2017 07/31/17 Sold $211,120 -4.0% $244 / Sq Ft View Prior Sale
06/19/2017 06/19/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $220,000 -- $255 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20255968

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-159-010

Iowa Black Hawk County Waterloo 50701 Church Row

1223 W Mullan Ave, Waterloo, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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Mike Taylor
Listing Agent
Mike Taylor
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Lockard Realty Company
(319) 255-2768
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