211 Madison St Waterloo, IA 50703
Neighbors for Life NeighborhoodEstimated payment $11,784/month
Highlights
- 1.53 Acre Lot
- Forced Air Heating System
- 4-minute walk to Highland Square Park
- Corner Lot
- Ceiling Fan
About This Home
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 tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,163
Year Built
- Built in 1950
Lot Details
- 1.53 Acre Lot
- Lot Dimensions are 145 x 460
- Corner Lot
Home Design
- Block Foundation
- Stucco Exterior Insulation and Finish Systems
- Rubber Roof
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Exterior Basement Entry
- Laundry on lower level
Parking
- 32 Open Parking Spaces
- No Garage
- Parking Available
Schools
- Highland Elementary School
- George Washington Carver Academy Middle School
- West High School
Utilities
- Forced Air Heating System
Community Details
- 32 Units
Listing and Financial Details
- Assessor Parcel Number 891230126012
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,028 | $50,400 | $1,900 | $48,500 |
| 2024 | $1,094 | $50,430 | $1,900 | $48,530 |
| 2023 | $878 | $50,430 | $1,900 | $48,530 |
| 2022 | $854 | $39,980 | $1,680 | $38,300 |
| 2021 | $906 | $39,980 | $1,680 | $38,300 |
| 2020 | $890 | $39,980 | $1,680 | $38,300 |
| 2019 | $890 | $39,980 | $1,680 | $38,300 |
| 2018 | $462 | $20,680 | $1,400 | $19,280 |
| 2017 | $474 | $20,680 | $1,400 | $19,280 |
| 2016 | $470 | $20,680 | $1,400 | $19,280 |
| 2015 | $470 | $20,680 | $1,400 | $19,280 |
| 2014 | $478 | $20,680 | $1,400 | $19,280 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $1,650,000 | 0.0% | $4,044 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $1,650,000 | -2.4% | $4,044 / Sq Ft |
| 12/18/2024 12/18/24 | Price Changed | $1,690,000 | -3.4% | $4,142 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $1,750,000 | -4.4% | $4,289 / Sq Ft |
| 09/29/2024 09/29/24 | For Sale | $1,830,000 | -- | $4,485 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Legal Action Court Order | $485,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,088,643 | New Conventional | |
| Closed | $1,248,000 | Future Advance Clause Open End Mortgage | |
| Closed | $1,318,570 | New Conventional | |
| Closed | $275,000 | Commercial | |
| Closed | $776,000 | Purchase Money Mortgage |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20244370
APN: 8912-30-126-012
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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
- 0 Madison St Unit Parcel 891230129030
- 0 Madison St Unit Parcel 891230129028
- 0 Monroe St Unit Parcel 891230129032
- 0 Monroe St Unit Parcel 891230129033
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Ask me questions while you tour the home.