$3,600,000

Estimated payment $23,597/month

Total Views 608
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1.16 Acre Lot
  • Heating System Uses Steam
  • 2-minute walk to Boys & Girls Club
  • Laundry Room

About This Home

93 unit Senior Housing Community - Downtown Waterloo IA Located in the heart of downtown Waterloo, this well maintained apartment community offer investors a stabilized asset with a strong historical occupancy and consistent cash flow. Walnut Court Senior Housing Pro-forma available.

Listing Agent

Richard Lockard

Realty ONE Group Movement License #B43648000 Listed on: 02/27/2026

Realty ONE Group Movement

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,285

Year Built

  • Built in 1922

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 242 x 215 x 325

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Parking

  • 28 Open Parking Spaces
  • No Garage
  • On-Street Parking

Schools

  • Cunningham Elementary School
  • Central Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Additional Features

  • Laundry Room
  • Brick Basement

Listing and Financial Details

  • Assessor Parcel Number 891324309001

Community Details

Overview

  • 93 Units

Building Details

  • Electric Expense $70,102
  • Water Sewer Expense $32,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,285

Year Built

Built in 1922

Lot Details

1.16 Acres

Listing Details

  • Parcel Number: 891324309001
  • Year Built: 1922
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 1.16
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-243-3425
  • MLS Status: ACTIVE
  • Reso Roof: Membrane
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar

Exterior Features

  • Construction Type: Brick
  • Siding: Brick

Garage/Parking

  • Open Parking Spaces: 28
  • Parking Features: On Street, None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Electric in Rent, Elec Individual Meters, Garbage in Rent, Gas in Rent, Gas Individual Meters, Water in Rent
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 32957

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 242 x 215 x 325
  • Lot Size Sq Ft: 250878
  • Additional Parcels: No

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 93
  • Electric Expense: 70102

Tax Info

  • Tax Annual Amount: 61285

Map

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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 $61,960 $2,836,070 $24,160 $2,811,910
2024 $61,960 $2,825,000 $24,160 $2,800,840
2023 $26,406 $2,825,000 $24,160 $2,800,840
2022 $26,550 $1,171,520 $24,160 $1,147,360
2021 $26,762 $1,171,520 $24,160 $1,147,360
2020 $26,330 $1,181,580 $34,220 $1,147,360
2019 $26,330 $1,181,580 $34,220 $1,147,360
2018 $26,344 $1,181,580 $34,220 $1,147,360
2017 $27,134 $1,181,580 $34,220 $1,147,360
2016 $26,806 $1,181,580 $34,220 $1,147,360
2015 $26,806 $1,181,580 $34,220 $1,147,360
2014 $27,320 $1,181,580 $34,220 $1,147,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $3,600,000 -- --
Source: Northeast Iowa Regional Board of REALTORS®

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260804

Northeast Iowa Regional Board of REALTORS®
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