$49,500

1231 W Mullan Ave Waterloo, IA 50701

Church Row Neighborhood

Estimated payment $317/month

2 Beds
1 Bath
864 Sq Ft
$57 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–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

Listing Agent

Mike Taylor

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

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $689

Year Built

  • Built in 1949

Lot Details

  • 2,160 Sq Ft Lot
  • Lot Dimensions are 16x135

Parking

  • No Garage

Home Design

  • 864 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 891326159006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$689

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Parcel Number: 891326159006
  • Year Built: 1949
  • Property Sub-Type: Townhouse
  • PropertyType: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-8000
  • MLS Status: ACTIVE
  • Reso Fireplace Features: None
  • Reso Roof: Built-Up
  • TotalFinishedSquareFootage: 864
  • 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: 16X135
  • Lot Size Sq Ft: 2160
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 688.56

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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Average Value
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List Price
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 $689 $37,790 $2,380 $35,410
2024 $634 $31,740 $2,380 $29,360
2023 $544 $31,740 $2,380 $29,360
2022 $528 $24,740 $2,380 $22,360
2021 $616 $24,740 $2,380 $22,360
2020 $606 $27,220 $2,380 $24,840
2019 $606 $27,220 $2,380 $24,840
2018 $606 $27,220 $2,380 $24,840
2017 $694 $27,220 $2,380 $24,840
2016 $618 $27,220 $2,380 $24,840
2015 $618 $27,220 $2,380 $24,840
2014 $500 $21,590 $2,380 $19,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 For Sale $49,500 -- $57 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

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

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20255972

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-159-006

Iowa Black Hawk County Waterloo 50701 Church Row

1231 W Mullan Ave, Waterloo, IA

For Sale

Townhouses

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Northeast Iowa Regional Board of REALTORS® 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.

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Mike Taylor
Listing Agent
Mike Taylor
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Lockard Realty Company
(319) 458-5710